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40 Drake Street, Malverne, NY 11565 Property Information

40 Drake Street, Malverne, NY 11565 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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40 Drake Street, Malverne, NY 11565
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Address

Primary address 40 Drake Street, Malverne
Zip code 11565
County Nassau
Town/City Hempstead
Village (swiss code) Malverne
Parcel ID 37-23-1

Sales & Tax Overview for 40 Drake Street, Malverne

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Sale date 03/21/2000
Sale price $369,000
Arm's length
Tax class
Current property tax $7,738

Lot & Building Information for 40 Drake Street, Malverne

Building sqft 1,632
Building class One Family Year - Round Residence (210.01)
Land Primary site
Topography Level
Acreage 0.131
Buildings on lot 1
Year built 1954
Stories 2
Style Colonial
Rooms 6
Bathrooms 1
Half bathrooms 1
Attic None
Basement Full
Exterior wall Alum/Vinyl
Heating type Central
Heating system Hot water
Fireplace 1
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


School district Valley Stream UFSD

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Other Property Data for 40 Drake Street, Malverne

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About 40 Drake Street, Malverne

What is the year built & the total sq. ft. for 40 Drake Street, Malverne, NY 11565?

40 Drake Street, Malverne, NY 11565 was built in 1954 and has a total of 1,632 square feet.

What is the assessed value of 40 Drake Street, Malverne, NY 11565 and the property tax paid?

Assessed at $465, the tax amount paid for 40 Drake Street, Malverne, NY 11565 is $8,519.

When was 40 Drake Street, Malverne, NY 11565 last sold?

40 Drake Street, Malverne, NY 11565 was last sold in 04/08/2026.

Ownership Information

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Real Estate Reports:
Laura Pop-Badiu, May 07, 2026 Locked-In Owners, Mobile Renters: Homeowners Stay Put as Renters Move 3.7x More Across Largest U.S. Cities 
Renters became the primary drivers of long-distance mobility across the largest U.S. cities, moving 3.7 times more than owners in 2024, as high mortgage rates and housing costs kept many homeowners in place.
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Eliza Theiss, Apr 15, 2026 2026 Q1 Foreclosure Report: Brooklyn Filings Fall Sharply, Bronx & Staten Island Hit New Peaks
Behind a deceptively mild citywide downtick, borough foreclosure markets pulled into significantly diverging paths as Brooklyn cases were nearly halved and the Bronx hit a new, record high. Meanwhile, Queens remained unchanged, Staten Island surged back up and Manhattan cooled slowly.
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Past Sales & Property History for 40 Drake Street, Malverne

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Purchase date Purchase price Buyer name Seller name
03/21/2000 $369,000

Title Documents for 40 Drake Street, Malverne

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Date Type Amount Party 1 Party 2
04/08/2026 - D
04/15/2026 - R
Deed
(Deed-deed)
11/17/2025 - R Other
(Mortgage satisfaction)
01/13/2025 - R Other
(Mortgage satisfaction)
12/05/2024 - D
12/31/2024 - R
Mortgage
(Mtg-mortgage)
03/21/2000 - D
03/29/2000 - R
Deed
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R: Recorded date
D: Document date

Property Taxes for 40 Drake Street, Malverne

Access detailed property tax data for 40 Drake Street, Malverne, NY 11565. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year 2026
Base tax $8,520
Current property tax $7,739
Tax class
Market value $465,000
Assessed value $465
School current tax bill
Transitional assessed value

Assessment History for 40 Drake Street, Malverne

Here's the assessment & property tax history for 40 Drake Street, Malverne, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessment value Total tax rate Property tax Year over year change
2026 $465,000 $465 1832.244 $8,520 -5.07%
2025 $506,000 $506 1773.775 $8,975 -9.66%
2024 $526,000 $512 1940.385 $9,935 -7.05%
2023 $514,000 $514 2079.492 $10,689 -13.37%
2022 $526,000 $526 2345.722 $12,338 -18.24%

Permits for 40 Drake Street, Malverne

The complete history of permits filed for 40 Drake Street, Malverne, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Data not available for this property.

Risk

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FEMA flood zone(s) X (See more on map)

Transportation

Access the detailed traffic volume map for 40 Drake Street, Malverne to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

View daily traffic map

Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance to school (mi)
Maurice W. Downing Primary K-2 School NR Public K-2 350 0.48
James A Dever School 6 Public K-6 413 0.66
Our Lady of Lourdes School NR Private PK-8 266 0.67
Our Lady of Lourdes School NR Private PK-8 266 0.67
Our Lady of Lourdes School NR Private PK, K-8 0 0.68

Nearest middle schools

Name Rating Type Grade range No of students Distance to school (mi)
Our Lady of Lourdes School NR Private PK-8 266 0.67
Our Lady of Lourdes School NR Private PK, K-8 0 0.68
Lynbrook North Middle School 6 Public 6-8 266 0.94
Valley Stream North High School 7 Public 7-12 1,249 1.00
Howard T Herber Middle School 7 Public 6-8 422 1.00

Nearest high schools

Name Rating Type Grade range No of students Distance to school (mi)
Valley Stream North High School 7 Public 7-12 1,249 1.00
Valley Stream Central High School 9 Public 10-12 1,078 1.06
Malverne Senior High School 8 Public 9-12 628 1.07
Valley Stream Christian Academy NR Private K-12 110 1.17
Lynbrook Senior High School 9 Public 9-12 850 1.41

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 40 Drake Street, Malverne

Here are the neighbors for 40 Drake Street, Malverne.

Address Square feet Purchase date Purchase price
400 Cornwell Ave, Malverne 1,725 01/05/2023 $760,000
15 Michel CT, Malverne 2,038 08/02/2013
11 Michel CT, Malverne 2,291 04/14/2004 $440,000
31 Beacon St, Malverne 2,174 07/19/2016 $396,250
15 Beacon St, Malverne 1,673 09/25/2020
5 Beacon St, Malverne 1,973 07/27/2007 $75,000
11 Oak St, Malverne 1,677 06/11/2002 $335,000
33 Maldon St, Malverne 1,880
3 Oak St, Malverne 1,736 05/07/2003
85 Bond Ave, Malverne 2,066 01/15/2015 $545,000
84 Drake St, Malverne 1,410 11/07/2007 $127,500
19 Beacon St, Malverne 2,151
390 Cornwell Ave, Malverne 2,153 05/26/2016 $515,000
15 Oak St, Malverne 1,264 05/06/2015 $380,000
95 Bond Ave, Malverne 1,965 08/22/1994 $165,000
34 Drake St, Malverne 1,476 10/24/2003
522 Cornwell Ave, Malverne 1,716 08/12/2021
394 Cornwell Ave, Malverne 1,730 10/31/2023
404 Cornwell Ave, Malverne 1,778 03/05/2021
97 Bond Ave, Malverne 1,827 05/08/2003

Nearby ZIP Codes for 40 Drake Street, Malverne

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