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487 5th Avenue

Cedarhurst, NY 11516

$1,199,000 $5,055/Mo

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Overview

Bed

Bath

0.06

Acre(Lot)

Description

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 restaurants, houses of worship, the LIRR, and Cedarhurst Park, offering easy commuting and a vibrant neighborhood lifestyle. Versatile properties in this prime Five Towns location with low taxes and no flood zone designation rarely come to market. Don’t miss this opportunity. A must see!

Property Details

Property Type : Residential Income

Price : $1,199,000

AD Id : 79396024

MLS Id : 1005499

Beds : 4

Lot Size : 0.06 Acre

Year Built : 1908

County : Nassau

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 4

Bathroom Information

Total Baths: 2 Full Baths: 2
Flooring Information

Ceramic Tile, Hardwood
Interior Features

Ceiling Fan(s), Granite Counters Laundry Features: Inside
Heating & Cooling

Has Heating: Yes Heating: Natural Gas Has Cooling: Yes Cooling: Wall/Window Unit(s)

Building Information

Year Built: 1908 Building Area Total: 1755 Construction Materials: Vinyl Siding Private Pool: No

Lot Information

Lot Dimensions: 26X106 Lot Size Acres: 0.0627 Lot Size Square Feet: 2730

Listing Price Information

Listing Price: $1199000

Tax Information

Parcel Number: 2003-39-312-00-0009-0 Annual Tax: $7491.23

Parking Information

Driveway

School Information

Elementary School: Lawrence Elementary School-Broadway

Junior High School: LAWRENCE MIDDLE SCHOOL AT BROADWAY CAMPUS

Senior 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

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
569 Peninsula Boulevard, Cedarhurst, NY, 11516	$1,699,000	9	6	--

The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 OneKey MLS. All Rights Reserved

ByOwner last updated this listing 06/06/2026 @ 22:49

MLS: 1005499 LISTED BY: David Wiener, Pin It Realty LLC 516-239-7940 SOURCE: OneKey MLS