For SaleCo-op

$425,000

Updated 2-Bedroom Co-op Near Roslyn Heights LIRR

12 Edwards Street, Roslyn Heights, New York 11577, United States

Move-in ready 2BR/1BA with modern kitchen and hardwood floors

2

Beds

1

Baths

1950

Built

2.86 acres

Lot

none

Garage

Move-in readyRecently updated kitchen with stainless steel appliancesHardwood floors throughout main living areasDouble-pane windows installed Oct 2021Monthly maintenance $1,019 includes heat & water0.3 miles to Roslyn Heights LIRR StationPart of Roslyn Union Free School DistrictThird-floor walk-up — no elevator

About This Home

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.

Property Features

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

Neighborhood

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.

Market Insights

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.

Nearby Schools

Roslyn High School

High · 0.5 mi

N/A

Roslyn Middle School

Middle

N/A

Roslyn Heights Elementary School

Elementary

N/A

Walkability & Recreation

78
Walkability
75
Recreation

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.

Property Overview

12 Edwards Street, Unit 3B is a 2-bedroom, 1-bathroom cooperative apartment located in the desirable Roslyn Gardens community of Roslyn Heights. Built in 1950, this third-floor unit has been thoughtfully updated to blend modern conveniences with classic charm. The galley-style kitchen features stainless steel appliances, granite countertops, and ample cabinet space, while the spacious living area and formal dining room offer a comfortable setting for both relaxation and entertaining. Hardwood floors run throughout the main living areas, and double-pane windows installed in October 2021 enhance energy efficiency and natural light.

From a valuation perspective, recent sales within the building and comparable co-op units in the area suggest a current market value between $400,000 and $450,000, with a midpoint estimate of $425,000. This reflects a 37% appreciation since the last sale in June 2021 at $310,000. The monthly maintenance fee of $1,019 covers heat, water, trash removal, and exterior maintenance, providing a comprehensive package for residents.

Roslyn Heights is a vibrant community known for its top-rated schools, including Roslyn High School, which is just 0.5 miles from the property. The Roslyn Heights LIRR Station, located 0.3 miles away, offers convenient access to New York City, making this an ideal location for commuters. Nearby amenities include East Hills Park (1.2 miles), offering recreational facilities and green spaces, and a variety of shopping and dining options within a short distance.

The local real estate market remains strong, characterized by a seller's market with limited inventory and steady appreciation. The median sale price for similar properties in the area is approximately $425,000, with an average of 45 days on market. This trend indicates sustained demand and a favorable environment for property owners.

In summary, 12 Edwards Street, Unit 3B presents a compelling opportunity for buyers seeking a move-in-ready home in a prime location. The combination of modern updates, proximity to transportation and amenities, and inclusion in a highly regarded school district makes this property a standout choice in the Roslyn Heights market.

Investment Highlights

  • Recently updated kitchen with stainless steel appliances and granite countertops
  • Double-pane windows installed in October 2021 for enhanced energy efficiency
  • Located 0.3 miles from Roslyn Heights LIRR Station for convenient commuting
  • Part of the highly rated Roslyn Union Free School District
  • Steady property appreciation with a 37% increase since 2021

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

Things to Consider

  • Third-floor unit with no elevator access may not be suitable for all buyers
  • Assigned parking available via waitlist; street parking may be limited
  • Co-op board approval required for purchase, which can extend closing timeline
  • Monthly maintenance fee may be higher than comparable properties
  • Limited storage space within the unit

Opportunity Analysis

Well-maintained 2-bedroom co-op in a desirable location with recent updates and strong appreciation potential. Ideal for commuters and families seeking access to top-rated schools and amenities.

Potential Use Scenarios

  • Ideal primary residence for individuals or small families
  • Potential rental property with strong demand in the area
  • Long-term investment with steady appreciation potential

Risk Factors

  • Co-op board approval process may delay closing
  • Third-floor walk-up may limit appeal to some buyers
  • Monthly maintenance fees may impact affordability

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$400K

Midpoint

$425K

High

$450K

80% confidence

Sales comparison approach using recent sales of similar units within the building and nearby co-op developments. Adjusted for unit condition and recent updates.

As of 2026-03-06

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Area Median Price$425,000
Avg Days on Market45 days
Inventory2.5 months
1-Year Appreciation+5.0%

Demographics

Population (1 mi)15,000
Median Income (1 mi)$120,000

Stable population with high median income; desirable area for families and professionals.

Nearby Points of Interest

  • Roslyn Heights LIRR Station (0.3 mi)
  • Roslyn High School (0.5 mi)
  • East Hills Park (1.2 mi)

Conveniently located near public transportation, schools, parks, and shopping centers.

School District

DistrictRoslyn Union Free School District
ElementaryRoslyn Heights Elementary School (PK-1)
MiddleRoslyn Middle School (6-8)
HighRoslyn High School (9-12)

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built1950
Constructionbrick
Stories3
Roofflat
Heatingnatural gas
Coolingwall/window unit(s)
Basementnone
FireplaceNo
Conditiongood

Lot & Site

Lot Size2.86 acres (124,582 SF)
Topographylevel
Parkingon_street

Utilities

Waterpublic
Sewerpublic
Electricpublic
Gaspublic

Zoning & Land Use

DescriptionResidential
JurisdictionTown of North Hempstead

Allowed Uses

residential
Current Useresidential
Assessor UseCooperative Residential

Tax & Sale History

Tax Assessment

Total Assessed$97,754
Land$24,916
Improvements$72,838
Annual Tax (2024)$247,943

Sale History

2021-06-21$310,000

Sale of Unit 3B within cooperative building.

2016-04-15$215,000

Sale of Unit 3B within cooperative building.

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