240 Pearl Street
Lawrence, NY 11559
An exceptional income-producing or multigenerational opportunity on the South Shore. Featuring a sprawling 4-bedroom main residence alongside a fully independent 1-bedroom suite, complete with a detached double-bay garage.
$447 / Sq Ft • Built 1972
Built 1972
A Rare Legal Two-Family Hi-Ranch
Unlike standard single-family homes in the area, 240 Pearl Street carries a highly sought-after legal two-family designation. This architectural layout provides unmatched utility—ideal for generating immediate rental income to offset ownership costs, or serving as a completely autonomous, private residence for multigenerational living.
Primary Residence
4 Bedrooms • 3 Bathrooms
The expansive main dwelling is engineered for robust family life and entertaining. Beyond the standard living and dining rooms, this unit distinguishes itself with both a dedicated den and a sprawling family room, ensuring multiple distinct zones for relaxation.
- Formal living room and dedicated dining room
- Primary kitchen with ample preparation space
- Expansive family room plus an additional den
Income / In-Law Suite
1 Bedroom • 1 Bathroom
Completely self-contained, the secondary unit operates independently from the main house. Whether utilized for rental yield or extended family, it maintains its own distinct living quarters, ensuring total privacy while sharing the premium Lawrence location.
- Private living room distinct from the main house
- Dedicated dining area
- Full secondary kitchen
Property Features
Specific structural and layout advantages that define 240 Pearl Street.
Detached Double-Bay Garage
Secure, off-street parking for multiple vehicles and substantial additional storage capacity.
Dedicated Dining Spaces
Both the primary residence and the secondary suite feature purpose-built dining areas, avoiding cramped multi-use rooms.
Expansive Family Rooms
The hi-ranch layout provides massive square footage dedicated strictly to living and gathering spaces across 3,800 sq ft.
Interior Aesthetics
Deep timber browns and warm, rustic finishes throughout.
The Five Towns
Village of Lawrence
Positioned on Nassau County's prestigious South Shore, Lawrence offers a distinguished lifestyle defined by historic character and a tight-knit community of ~6,800 residents.
Stately early 20th-century estates, gracious Colonials, and tree-lined avenues define its architectural fabric — lending the village a sense of quiet permanence rarely found so close to Manhattan.
240 Pearl Street benefits from swift access to JFK International Airport and direct LIRR service into Manhattan — suburban serenity paired with true global reach.
Lifestyle
Benefits of Suburb Living
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Tree-Lined Streets & Green Space
Mature oaks and manicured hedgerows define every avenue.
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Safe, Tight-Knit Community
A village atmosphere with a strong sense of pride and belonging.
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Larger Homes & Private Yards
Generous lots and outdoor living, unheard of in the city.
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Quick Commute to NYC
Direct LIRR service places Manhattan within easy reach.
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Beaches, Parks & Golf
Atlantic Beach, Long Beach, and championship courses minutes away.
Schedule a Private Showing
Experience 240 Pearl Street in person. Fill out the form below to arrange a visit or to receive more detailed information about this unique property.
A Closer Look
Every detail thoughtfully considered — from the finest interior finishes to the property's rich foundation.
Interior
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Bedrooms 5
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Bathrooms 4
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Full Bathrooms 4
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Heating Other / Gas
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Cooling Wall
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Appliances Dishwasher, Dryer, Freezer, Range/Oven, Refrigerator, Washer
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Flooring Tile & Hardwood
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Basement None
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Fireplace Yes
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Livable Area 3,800 sqft
Property
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Parking Spaces 4
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Parking Features Garage — Detached
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Exterior Vinyl & Brick
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Has View Yes
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Lot Size 10,320 sqft
Construction
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Home Type MultiFamily
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Materials Frame
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Roof Asphalt
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New Construction No
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Year Built 1972
Location
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Region Lawrence
Financial & Listing
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Price / Sqft $447/sqft
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Date on Market 7/22/2026