Inwood: Proximity to NYC, access to Jamaica Bay draw buyers
THE SCOOP The second-largest of Long Island's Five Towns, Inwood touts its proximity to Manhattan, access to shopping and low taxes.
One of the things Kathryn Lilly loves most about the community is its many longtime residents and their tradition of welcoming newcomers.
Lilly moved to Inwood from Brooklyn 12 years ago. She values Inwood's schools and their extracurricular programs, the golf club and shopping, property taxes lower than in many other Nassau communities, and the neighborhood's relative peace and quiet.
Water access also ranks high for Lilly, not only for the water sports on Jamaica Bay at Inwood Park, but also because she can commute via an NYC Ferry from nearby Beach 108th Street in good weather.
Lilly, who is selling her home, said she also appreciated the train commute. "The LIRR guaranteed a seat all the way into Brooklyn or Manhattan and I was able to get all my emails done before I got to my office."
Once predominantly forest and marshland, the hamlet rapidly developed soon after the railroad came to the Rockaways in 1868. Two decades later, 1,100 residents petitioned for a post office. At a public hearing to rename the hamlet, several names were bandied about, including Rawayton, Bayhead, Custer, Pike's Peak, Spring Haven, Elco and Rahway. In the end, Inwood prevailed.
By the early 20th century, many immigrants had settled in Inwood, mainly from Italy and Albania, and after World War II, the hamlet saw a large increase in Black residents.
In May 2019, the Town of Hempstead rezoned blighted industrial areas north of the Inwood and Lawrence LIRR train stations into transportation-oriented housing districts. This sought to create more vibrant, walkable centers with mixed-use development and more housing options. Three years later, the town board placed a moratorium on all projects under the new zoning — except for 25 Wanser Ave., a 313-unit apartment building, which has been grandfathered in. The town board declined to be interviewed on the matter.
Homebuyers today will find mostly split-level houses and Capes.
SALE PRICES Between Nov. 5, 2023, and Nov 4, 2024, there were 16 home sales with a median sale price of $726,500, according to OneKey MLS. During that period a year earlier, there were 27 home sales with a median sale price of $721,000.
CONDOS AND CO-OPS There are no condos or co-ops on the market.
OTHER STATS
Population 11,156
Median age 31.8
Median home value $550,000
Monthly LIRR ticket from Inwood $253
School district, graduation rate Lawrence (84.2%)
Library Peninsula Public Library
Transit NICE Bus Routes 30, 30x
Sources: 2022 American Community Survey; OneKey MLS via InfoSparks by ShowingTime; LIRR, data.nysed.gov
ON THE MARKET
$1.59 million
This 2,604-square-foot split-level has four beds and three baths. It features hardwood floors and a large open dining room/kitchen with stainless steel appliances. The 0.19-acre, fenced-in corner property has an attached one-car garage, back patio and fishpond. Taxes are $10,609. Ann Bienstock, Five Towns Miller Realty, 516-374-4100.
$1.195 million
This two-family home has four bedrooms and 2½ baths within 2,466 square feet. It sports tile and hardwood floors and kitchen with stainless steel appliances. The 0.17-acre, fenced-in property has an above-ground pool and koi pond. Taxes are $9,098. Pinchus Heskiel, Pin It Realty, 516-239-7940.
$755,000
Built in 1920, this 1,800-square-foot home has four beds, two baths and front and back porches. Featuring an open floor plan, it has hardwood floors and was completely updated with new kitchen and bathrooms. The 0.13-acre fenced-in property has a large driveway. Taxes are $7,151. Pinchus Heskiel, Pin It Realty, 516-239-7940.
RECENTLY SOLD
$999,998
Morris Avenue
Style Colonial
Bedrooms 4
Bathrooms 3
Built 1910
Lot size 0.15 acre
Taxes $8,442
+/- List price -$100,002
Days on market 97
$550,000
Davis Avenue
Style Bungalow
Bedrooms 3
Bathrooms 1
Built 1918
Lot size 0.14 acre
Taxes $6,041
+/- List price -$29,000
Days on market 84
$299,000
Russell Place
Style Two story
Bedrooms 3
Bathrooms 1 full, 2 half
Built 1900
Lot size 0.1 acre
Taxes $7,300
+/- List price -$1,000
Days on market 368
ON ONEKEY MLS
Number of listings 18
Price range $399,000 to $1.75 million
Tax range $3,567 to $10,937