East Meadow, NY Multifamily Home for Sale

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$898,000
- 4 Beds
- 4 Baths
- 1,904 Sq Ft
69 Myrtle Ave, Westbury, NY 11590

EASY TO SEE, Excellent Investment Opportunity or Ideal for End-Users! Perfect paying long-time tenantsCurrent income of $5,800/month, with the owner only responsible for taxes and cold water. Future income potential is even higher. This property boasts a 5.5% Cap Rate, making it one of the best legal two-family investment properties at its price point.Building size: 27X47 +.Interior living sq.

Jim Powers Tapestry Real Estate of Queens

69 Myrtle Ave, Westbury, NY 11590

New York East Meadow

About East Meadow

When East Meadow got its name in the 18th century, the then-agrarian hamlet’s chief inhabitants were woolly. Herds of sheep bleated over sweeping meadows, a major boon for the nation’s early textile makers. While grassy is still a fair descriptor for the community, grazing fields are no longer in vogue. Instead, mowed lawns front single-family homes on gridded, suburban streets, and destination parks feature sprawling turf fields with outfield lines and cricket-pitch boundaries. Packed as it is with busy commercial districts, high-speed commute ...

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Home Trends in East Meadow, NY

On average, homes in East Meadow, NY sell after 36 days on the market compared to the national average of 47 days. The average sale price for homes in East Meadow, NY over the last 12 months is $791,616, up 11% from the average home sale price over the previous 12 months.

Home Trends

Median Price (12 Mo)

$757,000

Median Single Family Price

$784,000

Median Townhouse Price

$750,000

Median 2 Bedroom Price

$619,000

Median 1 Bedroom Price

$509,500

Average Price Per Sq Ft

$526

Number of Homes for Sale

Last 12 months Home Sales

129

Months of Supply

1.80

Median List Price

$749,999

Median Discount From 1st List Price

-2%

Median Home Sale Price YoY Change

12%

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East Meadow Types of Homes for Sale

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