7 Shocking Details About The $550,000 Sale Of 2 Oakland Avenue, Lynbrook, NY 11563 And The 2025 Market Boom
The quiet residential corner of 2 Oakland Avenue in Lynbrook, New York, recently became a focal point for Long Island real estate watchers following a significant transaction that closed in early 2024. This specific property sale offers a crucial snapshot into the competitive and rapidly appreciating housing market of Nassau County, particularly within the desirable 11563 zip code. While the address itself is a charming, century-old single-family home, its sale price and timing provide invaluable data for prospective buyers, current homeowners, and investors analyzing the current trajectory of the Lynbrook housing landscape.
As of December 24, 2025, the story of 2 Oakland Avenue is less about a house and more about a market trend. The details surrounding this specific transaction—from the property's vintage architecture to its final sale price—illustrate the intense demand for homes in the area, a demand that has only accelerated as we move through 2025. Understanding this property’s history and recent market activity is key to grasping the broader dynamics of suburban New York real estate.
The Definitive Property Profile: 2 Oakland Avenue, Lynbrook, NY 11563
The home at 2 Oakland Avenue is a classic example of early 20th-century residential architecture that defines much of the Long Island suburbs. Its structure, history, and recent valuation make it a perfect case study for the current real estate climate.
- Full Address: 2 Oakland Avenue, Lynbrook, NY 11563
- Property Type: Single-Family Residential Home
- Year Built: 1920
- Total Square Footage: Approximately 1,832 sq. ft.
- Bedrooms: 4
- Bathrooms: 2 (Some records indicate 1 bath, but 2 is more commonly cited for the 4-bedroom structure)
- Lot Size: Approximately 5,950 to 6,098 sq. ft.
- Last Sale Date: February 26, 2024 (Other records cite February 8, 2024)
- Last Sale Price: $550,000
- Current Status: Not Currently For Sale
- County: Nassau County, New York
- School District: Lynbrook Union Free School District (Nassau County R-1 School District)
The 2024 sale price of $550,000 is particularly noteworthy. While this price point is below the current median for the area, it likely reflects the condition of the property at the time of sale, suggesting it was an "as-is" transaction or a quick sale that required significant updates and renovations. This is a common pattern for older homes in prime locations across Long Island.
The $550,000 Transaction: A Closer Look at the 2024 Lynbrook Market
The sale of 2 Oakland Avenue in February 2024 for $550,000 provides a critical data point that helps investors and homeowners gauge the value of a property requiring a significant capital investment. The property’s 1920 construction date indicates it is a classic "fixer-upper" opportunity in a highly desirable neighborhood, perfectly positioned for a substantial value increase through modern updates.
1. Below-Median Price, Above-Median Potential
At $550,000, the sale price was significantly lower than the current median home price in Lynbrook. As of November 2025, the median sale price for a home in Lynbrook is reported to be between $725,000 and $743,000, representing a healthy year-over-year increase of 1.7% to 2.0%. This disparity suggests that the new owners acquired the property with the intent to execute a comprehensive renovation to bring the 4-bedroom, 2-bath structure up to modern market standards, maximizing their return on investment (ROI).
2. The Premium of Location: Nassau County Appeal
Lynbrook’s appeal is intrinsically tied to its location within Nassau County. The village offers an attractive blend of suburban tranquility, excellent commuter access to New York City via the Long Island Rail Road (LIRR), and highly-rated public schools, including the Nassau County R-1 School District. This combination creates consistent, high demand, ensuring that even properties needing substantial work, like the one at 2 Oakland Avenue, command a strong price based purely on the land and location.
Lynbrook's 2025 Real Estate Market: Trends and Topical Authority
The current market dynamics in Lynbrook, NY, and the surrounding 11563 zip code are characterized by low inventory and rapid sales, which directly impacts the potential future value of a renovated property like 2 Oakland Avenue. Understanding these trends is crucial for anyone interested in the area.
3. Homes Selling Faster Than Ever
A key indicator of a hot market is the 'Days on Market' (DOM). In November 2025, homes in the 11563 zip code were selling after an average of just 24 days, while the broader Lynbrook area saw homes sell in about 28 to 35 days. This rapid pace of sales demonstrates that well-priced homes, especially those in move-in ready condition or offering clear renovation potential, are snapped up quickly by competitive buyers.
4. Inventory and Transaction Volume
Market reports from November 2025 show that transaction volume remains robust, with 85 homes sold in Lynbrook, an increase from 66 sales in the previous year. This surge in sales activity, coupled with rising prices, confirms a strong seller's market. The successful flip or renovation of 2 Oakland Avenue would likely enter this market at a premium, potentially aligning with the higher-end sales seen in North Lynbrook, where the median price reached $800,000 in June 2025.
5. The Value of Modernization in a Vintage Home
The 1920-built structure at 2 Oakland Avenue presents a classic dilemma for Nassau County buyers: purchase a newer, more expensive home, or invest in an older property and customize it. The trend favors the latter, as buyers seek to blend the charm of a vintage Long Island home with modern amenities. The property's existing features, such as a spacious dining room and a large living room with a fireplace, mentioned in its previous listings, provide an excellent foundation for a luxury renovation.
Investment Outlook for the Lynbrook 11563 Zip Code
For investors, the address 2 Oakland Avenue serves as a powerful reminder of the potential locked within Lynbrook’s real estate. The $550,000 entry point, while requiring significant renovation capital, is strategically sound given the area's appreciation rates.
6. Strong Price Appreciation
The consistent year-over-year price growth in Lynbrook, even in the face of broader economic uncertainty, underscores the long-term stability of this market. Lynbrook is an established community, meaning its housing values are less volatile and more resistant to downturns compared to emerging markets. This stability makes the investment in 2 Oakland Avenue a relatively secure bet, promising strong equity growth over time.
7. The Appeal of the South Shore Lifestyle
Beyond the numbers, the ultimate value of 2 Oakland Avenue lies in the lifestyle it offers. Lynbrook is a gateway to the South Shore of Long Island, providing residents with easy access to beaches, local parks, and a vibrant downtown area. This quality of life factor is a non-negotiable for many New York metro area buyers, ensuring sustained demand for Lynbrook single-family homes and keeping the 11563 property values consistently high. The strategic acquisition of this property in 2024 was a move to capitalize on one of the most resilient and desirable real estate markets outside of New York City.
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