Buying in Glen Head
Local businesses are near the train station in Glen Head. (Photo by John Dunn) (Feb. 18, 2011) Credit: Photo by John Dunn
SCOOP Many buyers gravitate to Glen Head for its proximity to Manhattan, the charm of the community and the choice of neighborhoods - each with its own unique character, says Rick Arnold, a former resident and owner-broker of Richard B. Arnold Real Estate in Sea Cliff.
This compact community has an old-fashioned feel to it, Arnold says, noting the walkable downtown district near a train station and local businesses. The Gold Coast Public Library opened in 2005.
The town of Oyster Bay is in negotiations with Sunoco to purchase a .438-acre parcel at Glen Head Road and Glen Cove Avenue, says town spokeswoman Phyllis Barry, noting that it will be converted into a park if acquired.
Many neighborhoods are identified by name, including Hill Terrace, Harbor View, Glen Knolls and Todd Estates, says Elyse Underberg, associate broker of Coldwell Banker Residential Brokerage in Locust Valley. The mix of styles includes Capes, ranches, Colonials and split-ranches of various sizes on parcels ranging from 70 by 100 feet to a quarter-acre. Arnold says he has observed an uptick in business in the past couple of weeks, noting, "We have new listings, accepted offers and a greater turnout in open houses."
CO-OPS The Knolls, five listings between $429,000 and $649,000
TOWN HOUSES Fairway development, one listing, $565,000
SALES PRICE Since January 2010, there have been 49 sales with a median price of $532,000, according to Multiple Listing Service of Long Island data. The low was $320,000, and the high was $1,565,000. From January 2009 through December 2009, there were 47 sales. The median price was $525,000, with a low of $225,000 and a high of $983,000
ATTRACTIONS Civic groups; the Glen Head Community Center; parks and athletic fields; the Glen Head Country Club; Tappen Beach in Glenwood Landing.
OTHER STATS
Town: Oyster Bay
Area: 1.6 square miles
ZIP code: 11545*
Population: 4,522
Median age: 44.5
Median household income: $93,045
Median home value: $560,000**
LIRR time to NYC: 54 to 61 minutes
Monthly ticket: $254
School district: North Shore and Locust Valley
SOURCES: Claritas 2009; www.mlsli.com; Long Island Rail Road; *Includes: Brookville, Old Brookville; **Based on sales in the past six months, according to Multiple Listing Service of Long Island.
