487 5TH Avenue, Cedarhurst, NY 11516
- $1,050,000
- 4
- BD
- 2
- BA
- Sold Price
- $1,050,000
- Closing Date
- Jul 10, 2026
- Days on Market
- 19
- MLS#
- 1005499
- Status
- CLOSED
- Bedrooms
- 4
- Bathrooms
- 2
- Lot Size
- 2730
Property 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!
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Additional Information
- Year Built
- 1908
- Style
- Colonial
- School District
- Lawrence
- Elementary School
- Lawrence Elementary School-Broadway
- Middle School
- LAWRENCE MIDDLE SCHOOL AT BROADWAY CAMPUS
- High School
- Lawrence Senior High School
- Taxes Total
- 7491
- Heating
- Natural Gas
- Parking
- Driveway
- Basement
- See Remarks
- Water
- Public
- Sewer
- Public Sewer
- Taxes
- $7,491
Mortgage Calculator
Listing courtesy of Listing Agent: David Wiener (sellitwithdavid@gmail.com) from Listing Office: Pin It Realty LLC.
Selling Office: Pin It Realty LLC.Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.