$949,000
Price
4
Beds
1,756 Sq. Ft.
$540 / Sq. Ft.
1,756
Sq. Ft.
$540
per Sq. Ft.

Description

Welcome to 32 Fifth Street, Valley Stream! This beautifully updated legal 2-family home offers an incredible opportunity for both investors and end-users. Featuring a 2-bedroom apartment over a 2-bedroom apartment, the home has been extensively renovated within the last 5 years and has been meticulously maintained throughout. The upper unit is currently rented at $2,400/month (under-market), and the lower unit has strong rental potential of approximately $4,000/month, making this an ideal income-producing...Welcome to 32 Fifth Street, Valley Stream! This beautifully updated legal 2-family home offers an incredible opportunity for both investors and end-users. Featuring a 2-bedroom apartment over a 2-bedroom apartment, the home has been extensively renovated within the last 5 years and has been meticulously maintained throughout. The upper unit is currently rented at $2,400/month (under-market), and the lower unit has strong rental potential of approximately $4,000/month, making this an ideal income-producing property. This home is sitting on a 7500 square foot lot with a private backyard that's perfect for gardening and/or entertaining. Located just moments from the LIRR, schools, parks, and shops, this home provides unmatched convenience while sitting on a quiet residential block. Whether you're looking to live in one unit and rent the other, or expand your investment portfolio, this property offers exceptional value and long-term upside. A must-see opportunity in the heart of Valley Stream!
  1. Listed by Nicholas M. Sforza • Manhasset Sands Point Realty
    P: (516)-314-7120 C: (516)-314-7120 nick@msprealty.org
  2. Listed by Brandon Fernandes • Manhasset Sands Point Realty
    P: (516)-314-7120 C: (516)-640-1489 bfernandes965@gmail.com

Property Details for 32 5th Street

City/Township
Hempstead
Garage Spaces
2.00
Waterfront
No
LISTING UPDATED: 12/07/2025 02:10 PM

Property Details for 32 5th Street

StatusActive
MLS #941120
Days on Market21
Taxes$11,116 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeDuplex
Year Built1898
Lot Size0.17 AC / 7,350 SF
CountyNassau County

Location

Listing Courtesy of Manhasset Sands Point Realty, Nicholas M. Sforza; Manhasset Sands Point Realty, Brandon Fernandes
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Building Information for 32 5th Street

Stories-Residences2Year Built1898Building Size-Lot Size0.17 AC / 7,350 SF

Payment Calculator

$5,616 per month

30 year fixed, 6.28% Interest

Principal and Interest

$4,689

Property Taxes

$926

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 32 5th Street

Summary
Location and General Information
  • Senior Community YN: No
  • Directions: WAZE is best
  • Property Attached: No
  • Structure Type: false
  • Property Condition: Updated/Remodeled
  • State Or Province: NY
School Information
  • School District: Valley Stream - 24, Valley Stream Central
  • Elementary School District: Valley Stream - 24
  • Middle Or Junior School District: Valley Stream Central
  • High School District: Valley Stream Central
Unit Information
Unit 1 Information
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
Unit 2 Information
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $2,400.00
Unit Information
  • Number Of 1 Bedrooms: 0
  • Number Of 2 Bedrooms: 2
  • Number Of 3 Bedrooms: 0
  • Number Of 4 Bedrooms: 0
  • Building Units Total: 2
Interior and Exterior Features
Interior Features
  • Amenities: 1st Floor Bedrm, Eat in Kitchen, First Floor Full Bath, Open Kitchen, Public, Quartz/Quartzite Counters
  • Interior Features: First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen, Open Kitchen, Quartz/Quartzite Counters
  • Basement: Finished, Full, Walk-Out Access
  • Attic Description: Full
  • Fireplace: No
  • Location Amenities: Walk Out Basement, 1st Fl Master Bedroom, Eat in Kitchen, Open Kitchen, Privacy
  • Spa: No
  • Basement: Yes
Exterior Features
  • Exterior Property Features: Driveway, Garage, Back Yard, Landscaped, Near School, Private
  • Elevation Certificate: No
  • Construction Materials: Vinyl Siding
Lot Information
  • Lot Features: Back Yard, Landscaped, Near School, Private
  • Lot Size Dimensions: 50 x 149
  • Site Features: Back Yard, Landscaped, Near School, Private
  • Building Area Units: Square Feet
Parking
  • Parking Features: Driveway, Garage
  • Garage: Yes
  • Carport: No
Utilities
  • Cooling: Ductless
  • Heating: Natural Gas
  • Heat Fuel Type: Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected
Green Features
  • Green Features: Natural Gas
Virtual Tour
Agent
Payment and Rate
  • Down Payment Resource: Yes

Public Records for 32 5th Street

Taxable ValueLand$245Additions$295Total$540
Tax Record2025$3,638 ($303 / month)
Home Facts
Baths2Total Finished SqFt1,756 SqFtAbove Grade Finished SqFt1,756 SqFtStories2Lot Size7,350 SqFtStyleDuplexYear Built1898CountyNASSAUAPN39-027-00-0016

Schools near 32 5th Street

This home is within Valley Stream 24 Union Free School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 12
Public - K to 6
Public - K to 6
Rating
School
Distance
Brooklyn Avenue School
PublicK to 6

Valley Stream South High School
Public7 to 12

William L Buck School
PublicK to 6

Robert W Carbonaro School
PublicK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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32 5th Street is a multi-family home for sale in Valley Stream, NY 11581. This property was listed for sale on December 5, 2025 by Manhasset Sands Point Realty, it's currently listed at $949,000. This listing's school districts are Valley Stream Central High School District, Valley Stream 24 Union Free School District. Nearby schools include Brooklyn Avenue School, Valley Stream South High School and William L Buck School. 32 5th Street is a 4-bed, 2-bath, 1,756 sqft multi-family home built in 1898.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Manhasset Sands Point Realty, Nicholas M. Sforza; Manhasset Sands Point Realty, Brandon Fernandes

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/27/2025 08:33 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.