$988,888

38 5th St Valley Stream, NY 11581

$10,000
Closing credit¹
5 beds
2 full
0.2 acres
Multi-Family

Property details

About 38 5th St

This well-maintained 2-family home in Valley Stream offers a fantastic opportunity for homeowners or investors, featuring five bedrooms, two full baths, numerous modern updates, and a private driveway with a detached two-car garage. The property boasts a roof recently refinished in 2023. The kitchen on the second floor features a skylight light and granite tile flooring, while the updated bathrooms offer contemporary finishes. This home is close to public transportation, including the Valley Stream LIRR Station, multiple bus routes, and major highways, making commuting easy. Just minutes from Manhattan/Queens, you’ll have access to Green Acres Mall, where you will find major retailers, including Burlington, Target, Home Depot, BJ’s Wholesale Club, Michael's, Walmart, and Aldi, and popular dining options. The prime location is near schools, shopping, dining, and transportation, and this move-in-ready home is a must-see.

Highlights

Home typeDuplex
HeatingBaseboard, Steam
StatusActive
CoolingWall/Window Unit(s)
BasementYes
Lot size0.1641 Acres
Year built1898
ParkingDetached, Driveway, Garage
MLS #848367
Garage2 spaces

Summary

  • Full Bathrooms: 2
  • Basement: Yes
  • Interior: First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen, Washer/Dryer Hookup
  • Total Bedroom Count: 5
  • Garage Space: 2 spaces
  • Parking: Detached, Driveway, Garage
  • Heating: Baseboard, Steam
  • Cooling: Wall/Window Unit(s)
  • List Price: $988,888
  • Annual Tax Amount: $2,103
  • Tax Year: 2024
  • Lot: Back Yard, City Lot, Front Yard, Historic, Near Public Transit, Paved
  • Directions: Rockaway Ave to 5 Street
  • Year Built: 1898
  • Lot Size: 0.1641 Acres
  • MLS Number: 848367
  • MLS Name: ONEKEY2
  • Office Name: Keller Williams Landmark II
  • Office Phone: (347) 846-1200

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2025, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 5/1/2025, 12:11:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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doorway to property with brick siding, a porch, and a garage

$988,888

38 5th St

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jul 24, 2023
Home Sold
$800,000
Nov 03, 2005
Home Sold
$500,000

Tax history

YearAssessmentProperty Tax
2024$546$2,103
2023$520$9,596
2022$546$9,776
2021$523$8,814
2020$523$7,489
2019$600$7,537
2018$640$7,581
2017$861$7,704

History based on county public records data.

Nearby schools

7

Brooklyn Avenue School

Public District KG-6

0.1 mi

24 Brooklyn Ave

8

William L Buck School

Public District KG-6

0.5 mi

75 Horton Ave

7

Robert W Carbonaro School

Public District KG-6

0.6 mi

50 Hungry Harbor Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $81,746. Most Valley Stream, NY residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

13%
<35k
53%
35k-100k
29%
100k-200k
5%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

45%
Single, No Kids
12%
Single, with Kids
22%
Married, No Kids
21%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
8%
12-17 yrs old
24%
18-34 yrs old
42%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Continuing Education CoursesContinuing Education Courses
  • Hiking/backpackingHiking/backpacking
  • Symphony or OperaSymphony or Opera

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Nordstrom RackNordstrom Rack
  • Chico'sChico's

Where do the neighbors go to eat?

  • QdobaQdoba
  • ChipotleChipotle
  • Boston MarketBoston Market

What do the neighbors drive?

  • VolkswagenVolkswagen
  • MazdaMazda
  • VolvoVolvo

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • RockRock
  • Talk/PersonalityTalk/Personality
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 38 5th St in Valley Stream, NY and zip code 11581 in the Town of Hempstead neighborhood. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 14, 2025 and is currently priced at $988,888.

In March 2025 more than 15 listings in Valley Stream, NY were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 16 were sold below. The inventory of homes for sale in Valley Stream, NY between February and March 2025 decreased by 8.6%. Listings spent 59 days on the market in March 2025, and had a median list price of $720,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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