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2 Pheasant Run
About This Property
Discover unparalleled elegance in this turn key newly constructed, Hamptons-inspired residence, ideally situated on prestigious Pheasant Run in the desirable village of Kings Point. This magnificent property is perfectly positioned between Manhattan and the Hamptons, offering an exceptional combination of luxury, privacy, and convenience.
Spanning over 7,400 Gross SF of custom-designed living space, that includes a full 2,000-square-foot lower level. The home boasts 10-foot ceilings on the first and lower levels, 9' ceilings on the second floor, and vaulted ceilings in the foyer. Six spacious bedrooms, each with an en-suite bath, and a total of 8.5 marble baths with radiant heat throughout all three floors. A magnificent retreat featuring a luxurious Bain ultra tub and steam shower, a large sitting room, a walk-in closet, and a walk-out balcony with seasonal water views. A spacious chef's marble kitchen appointed with Thermador high-end appliances, including two dishwashers, two sinks, bespoke storage, and a sun-drenched breakfast room. Natural white oak flooring and custom millwork flow throughout the home, creating a serene, refined environment. Additional luxury details include a distinctive library. The luxury lower level is a self-contained retreat with a private entrance, ideal for multigenerational living, guests, or staff. It includes nanny quarters, a gym, a home theater, a second laundry room, and a generous entertainment area. A three-car attached garage features radiant heated floors. The home is equipped with Control 4 smart home technology, a whole-house water filtration system, and a premier security system. Situated on a private road and private corner lot of approximately 0.76 acres, the property affords exceptional privacy on a tranquil water street. The meticulously landscaped gardens feature lush Hydrangeas, roses, and boxwoods, complemented by an oversized bluestone patio with room for a pool and cabana. A brand-new BBQ is also included. The location is just minutes from the town of Great Neck and the LIRR, providing a comfortable 30-minute commute to Manhattan. Meticulously crafted with premium materials and finishes, this turnkey estate embodies coastal elegance, modern comfort, and absolute privacy. Seize the opportunity to call this exquisite property your home. Ideally located near commuter rail and the Long Island Expressway-approximately 20 miles to Manhattan and a comfortable drive to the Hamptons-this turnkey estate on a prestigious street with excellent schools and local amenities embodies coastal elegance, modern comfort and absolute privacy.
Also, Available for rent.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 19, 2026 | Price Decreased |
$5,850,000
↓ $550K
(8.6%) | |
| Price Decreased | |||
| Jun 27, 2026 | Price Decreased |
$6,400,000
↓ $888K
(12.2%) | |
| Price Decreased | |||
| Jun 1, 2026 | Listed by BERKSHIRE HATHAWAY | $7,288,000 | |
| Listed by BERKSHIRE HATHAWAY | |||
| Mar 10, 2016 | Sold | ||
| Sold | |||
| Dec 10, 2015 | Sold | ||
| Sold | |||
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About Great Neck
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017