realestate

Hard to Find $500k Homes: 5 Sold on Long Island

Many price cuts and houses on market, but at that price, they'll sell fast.

F
inding a Long Island condo under $500 000 is increasingly difficult, yet real‑estate agents have closed five single‑family homes this fall for less than that amount. Below are the properties and their key details.

    **Hicksville – Colonial (Sept.)**

    - Sold for $330 000.

    - 2 bedrooms, 1½ bath, 2,600 sq ft lot, built 1924.

    - Zoned for residential, commercial, or mixed use, giving upside.

    - Taxes $9,872; in Hicksville School District.

    - Originally listed $399 000; needed renovations but drew strong interest.

    - Seen as a solid investment opportunity.

    **Islip Terrace – Cape (Sept.)**

    - Sold for $489 000.

    - 1,000 sq ft, 3 beds, 1 bath, 0.21‑acre lot, built 1917.

    - Full basement, outdoor entrance, deck with fire pit, two‑level living.

    - Roof, driveway, bathroom, boiler, water heater updated in last five years.

    - Taxes $8,400; East Islip Union Free School District.

    - First‑time buyers; no negative feedback; potential for expansion.

    **Hauppauge – 900‑sq‑ft Home (Oct.)**

    - Sold for $500 000.

    - 2 beds, 2 baths, 0.09‑acre lot, built 1930.

    - Renovated 2023: windows, siding, roof, kitchen, baths.

    - Basement and laundry room.

    - Taxes $6,125; Hauppauge School District.

    - Listed $539 000; four open houses filled quickly; low taxes a major draw.

    **Sayville – Cottage (Oct.)**

    - Sold for $485 000.

    - 767 sq ft, 1 bed, 1 bath, 0.22‑acre lot, built 1932.

    - Detached garage, deep property, loft space, renovated bath, new walkway, enclosed porch, full basement.

    - Cesspools updated within last decade.

    - Taxes $9,345; Sayville Union Free School District.

    - Originally two beds; wall removed to enlarge kitchen and living area.

    **East Setauket (Poquott) – Cottage (Oct.)**

    - Sold for $425 000.

    - 654 sq ft, 1 bed, 1 bath, 58×125‑ft lot, built 1945.

    - Enclosed porch, outdoor shower, full basement.

    - Taxes $4,468; Three Village Central School District.

    - Community amenities: private beaches, tennis court, playground, garden.

    - Listed $499 000; attracted ~40 visitors; buyers noted low taxes and insurance as key advantages.

Five $500k homes sold on Long Island.