487 5th Avenue
Cedarhurst, NY 11516
4
Bed
2
Bath
1,755Sqft
0.06Acre(Lot)
Prime Cedarhurst Legal 2-Family, Low Taxes, Not in Flood Zone Rare opportunity to own a legal 2-family home in the heart of prime Cedarhurst. Located on a desirable residential block and not in a flood zone, this property also benefits from low taxes, making it an exceptional value in today’s market. Each apartment offers 2 bedrooms, 1 full bathroom, a comfortable living room, kitchen, and in-unit laundry, creating an ideal layout for both owner-occupants and tenants. Full height basement with exterior entrance. Perfect for: • Investors seeking strong rental potential • End users who want to live in one unit and rent the other • Buyers looking to convert the home into a spacious single-family residence Enjoy unbeatable convenience just moments from Central Avenue shopping, popular
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 4Bathroom Information
Total Baths: 2 Full Baths: 2Room Information
Rooms Total: 8 -
Flooring Information
Ceramic Tile, Hardwood -
Interior Features
Ceiling Fan(s), Granite Counters Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer, Gas Water Heater Laundry Features: Inside -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas Has Cooling: Yes Cooling: Wall/Window Unit(s)
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Building Information
Year Built: 1908 Building Area Total: 1755 Construction Materials: Vinyl Siding Private Pool: No
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Lot Information
Lot Dimensions: 26X106 Lot Size Acres: 0.0627 Lot Size Square Feet: 2730
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Listing Price Information
Listing Price: $1199000 Original Price: $1265000
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Tax Information
Parcel Number: 2003-39-312-00-0009-0 Annual Tax: $7491.23
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Parking Information
Driveway
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School Information
Elementary School: Lawrence Elementary School-BroadwayJunior High School: LAWRENCE MIDDLE SCHOOL AT BROADWAY CAMPUSSenior High School: Lawrence Senior High School -
Utility Information
Natural Gas Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected -
Location Information
Direction: gps WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 4 Ivy Street, Cedarhurst, NY, 11516 | $4,999,900 | 8 | 6 | 4,644 | 4,644 SqFt |
| 601 Chestnut Street #A17, Cedarhurst, NY, 11516 | $299,000 | 1 | 1 | 86,058 | 86,058 SqFt |
| 203 Washington Avenue, Cedarhurst, NY, 11516 | $1,495,000 | 6 | 4 | 2,484 | 2,484 SqFt |
| 491 Oakland Avenue, Cedarhurst, NY, 11516 | $769,000 | 2 | 1 | 772 | 772 SqFt |
| 525 Oceanpoint Avenue, Cedarhurst, NY, 11516 | $999,000 | -- | -- | -- | |
| 448 Westminster Road, Cedarhurst, NY, 11516 | $1,270,000 | 4 | 3 | 1,800 | 1,800 SqFt |
| 302 Carvel Avenue, Cedarhurst, NY, 11516 | $1,275,000 | 4 | 3 | 2,109 | 2,109 SqFt |
| 324 Buckingham Road, Cedarhurst, NY, 11516 | $1,200,000 | 3 | 2 | 1,583 | 1,583 SqFt |
| 708 Park Lane, Cedarhurst, NY, 11516 | $1,799,000 | 5 | 4 | 3,267 | 3,267 SqFt |
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ByOwner last updated this listing 06/05/2026 @ 02:13
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