Long Island Real Estate | 2 minute read
Old Westbury, Kings Point Nassau County’s Most Expensive Zip Codes
BY PropertyShark Staff | Sep 20, 2011
11568 (Old Westbury), 11024 (Kings Point)Â and 11765 (Mill Neck) were the three most expensive zip codes in Nassau County in the first half of 2011, a report prepared by our in-house analysts has found. The median sale price was above the $1 million mark for six zip codes, the highest, in Old Westbury, close to $1.9 million.
Top 10 Most Expensive Zip Codes
| Old Westbury | 11568 | $1,887,500 |
| Kings Point | 11024 | $1,795,000 |
| Mill Neck | 11765 | $1,622,500 |
| Manhasset | 11030 | $1,124,500 |
| Old Brookville | 11545 | $1,100,000 |
| Locust Valley, Matinecock | 11560 | $1,050,000 |
| Great Neck | 11022 | $995,000 |
| Great Neck | 11021 | $934,500 |
| Roslyn | 11576 | $805,000 |
| Great Neck | 11020 | $747,000 |
The luxury market, defined as homes priced at $1 million and above, has picked up in the second quarter of 2011 with sales volume up 33% over the first quarter of 2011, and up 15% Y-o-Y. The increase has not been seen, though, in the price levels, which were slightly lower compared to both Q1 2011 and Q2 2010.
39 Applegreen Drive, a massive 22,000 square-foot mansion in Old Westbury sold for $15,880,000 and was the most expensive home sold in Nassau County in the first half of 2011. The village of Old Westbury accounted for the second most-expensive property in the county as well. The property located at 11 Old Wagon Road sold for $6.7 million in May 2011.
Top 10 Most Expensive Homes
| 39 Applegreen Dr, Old Westbury, NY 11568 | $15,880,000 |
| 11 Old Wagon Rd, Old Westbury, NY 11568 | $6,700,000 |
| 44 Peacock Ln, Lattingtown, NY 11560 | $6,480,000 |
| 47 Cedar Ln, Sands Point, NY 11050 | $6,380,000 |
| 367 Duck Pond Rd, Matinecock, NY 11560 | $5,300,000 |
| 8 Carteret Pl, Garden City, NY 11530 | $4,999,999 |
| 17 Pound Hollow Rd, Old Brookville, NY 11545 | $4,700,000 |
| 575 Shore Rd, Kings Point, NY 11561 | $4,200,000 |
| 220 Gristmill Ln, Saddle Rock, NY 11023 | $4,200,000 |
| 1314 Ridge Rd, Laurel Hollow, NY 11791 | $4,100,000 |
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