Sales comparison approach using recent sales of similar units within the building and nearby co-op developments. Adjusted for unit condition and recent updates.
Updated 2-Bedroom Co-op Near Roslyn Heights LIRR
This third-floor co-op at 12 Edwards Street, Unit 3B, is the kind of home that rewards close inspection: thoughtful updates, crisp finishes and a location that makes weekday commutes and weekend plans equally easy. Enter into a spacious living room and adjacent formal dining area where original proportions meet modern systems — hardwood floors run throughout the main living spaces and recently installed double-pane windows (Oct 2021) improve comfort and energy efficiency.
The galley-style kitchen has been renovated with stainless steel appliances, granite countertops and ample cabinetry, delivering contemporary function without losing the building’s mid-century character. A single, well-appointed bathroom serves two bedrooms that are quietly positioned away from the living zone — ideal for a roommate situation, a young family, or a work-from-home setup. Cooling is handled with wall/window units; heating is natural gas, and the building’s brick construction and flat roof give the exterior a solid, low-maintenance profile.
Life here centers around convenience. The Roslyn Heights LIRR station is roughly three blocks away (about 0.3 miles), putting Manhattan commutes within easy reach. Roslyn High School and other highly regarded district schools are a short walk, and nearby East Hills Park provides outdoor recreation less than 1.5 miles from the building. Practical building details matter: this is a third-floor walk-up (no elevator), assigned parking is available via waitlist and street parking is generally used, and the monthly maintenance fee of $1,019 includes heat, water, trash removal and exterior maintenance.
From an ownership perspective, recent sales activity in this same building and local comparables support a valuation range of $400,000–$450,000 (midpoint $425,000). The community has shown steady appreciation over the past five years, and demand remains strong thanks to limited inventory and proximity to transit and top-rated schools. Buyers should be prepared for the co-op board application process and to review the building’s maintenance records and parking waitlist as part of due diligence.
Unit 3B presents a focused opportunity: stylish, move-in ready finishes and commuter-friendly placement combine with the stability of a long-established Roslyn Gardens building. Whether you’re seeking a primary residence with easy access to the city or a long-term investment in a highly rated school district, this co-op merits a close look.
See the properties helping shape the valuation.
Comparable sales
- 1 fewer bedroom
- Same year built
- Same year built
- Same year built
A 1950 co op on 2.86 acres.
Building
Site & utilities
Roslyn Gardens
Researched nearby locations
Location
12 Edwards Street, Roslyn Heights, NY 11577
Roslyn Gardens is a quiet, well-established pocket of Roslyn Heights prized for its tree-lined streets, strong civic identity and proximity to commuter rail. Residents enjoy easy access to top-rated Roslyn Union Free School District campuses, short rides into cultural and retail centers, and nearby green spaces such as East Hills Park. Local restaurants, coffee shops and shops are within a short drive or walk, and the Roslyn Heights LIRR station makes daily travel to Manhattan straightforward. The neighborhood draws families and commuters seeking a suburban feel with city access.
Very good access to outdoor recreation with East Hills Park roughly 1.2 miles away, local green spaces and community recreation options nearby, plus easy routes for biking and walking.
A factual market snapshot around 12 Edwards Street.
Roslyn Heights currently reads as a seller’s market: inventory sits near 2.5 months and average days on market hover around 45, signaling sustained buyer demand with relatively few listings available. Median area sale price is approximately $425,000, and price trends show modest appreciation — roughly 5% year-over-year and about 15% over five years. Co-op units in this building have been active with recent sales and leases drawn from the same address, giving strong context for valuation and rental potential. For prospective owners, the market favors sellers but still rewards buyers who act decisively: financing and co-op board preparation shorten timelines and strengthen offers. Investors will note estimated monthly rent of about $2,500 for similar 2BR units and a gross rental yield near 7%, indicating healthy rental demand tied to proximity to the Roslyn Heights LIRR and highly rated schools. Important considerations in this micro-market include co-op board approval timelines, parking availability via waitlists, and monthly maintenance levels (Unit 3B’s fee is $1,019), all of which affect net carrying costs and closing schedules.
Residential
Zoning
Research-indicated uses
- Residential
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Tax assessment
Sale history
Rental references from the research record.
Context only—not an investment recommendation or guarantee of achievable rent.
Supporting lease references
What the research supports — and what is still worth verifying.
Key findings
- Unit sold for $310,000 in June 2021; current estimated value is $425,000
- Monthly maintenance fee of $1,019 includes heat, water, and exterior maintenance
- Building constructed in 1950 with recent updates to individual units
- Located within walking distance to public transportation and local amenities
- Strong local market with limited inventory and steady appreciation
Still worth verifying
Routine buyer due diligence items; these are not known defects.
- Confirm co-op board approval process and requirements
- Verify parking availability and waitlist status
- Review building maintenance records and recent assessments
- Confirm school district assignments and ratings
- Assess condition of common areas and building amenities
What stands out about this property.
Interior Features
- 2 bedrooms, 1 full bathroom
- Hardwood floors throughout main living areas
- Updated galley-style kitchen with stainless steel appliances
- Granite countertops and ample cabinetry
- Double-pane windows installed October 2021
- Wall/window AC units
- Natural gas heating
Exterior & Lot
- Brick construction (built 1950)
- Flat roof
- Third-floor walk-up (no elevator)
- Street parking available; assigned parking via waitlist
- Level lot across property (total lot 2.86 acres for the parcel)
Location & Neighborhood
- 0.3 miles to Roslyn Heights LIRR Station — commuter-friendly
- 0.5 miles to Roslyn High School
- Located in Roslyn Gardens neighborhood of Roslyn Heights
- Nearby shopping and dining options
- Proximity to East Hills Park (≈1.2 miles)
Walkability & Recreation
- Walkability Rating: 78/100 — Some errands and transit access on foot
- Nearby parks and green spaces: East Hills Park (≈1.2 mi)
- Hiking and biking routes available within a short drive
- Roslyn Heights LIRR Station (0.3 mi) for regional transit
- Community recreation facilities at local parks
Sources & research confidence.
See where the property research came from and how confidence varies by field.