$1,265,000

487 5th Ave Cedarhurst, NY 11516

Estimated payment $7,331/month

Total Views 13,887
4 Beds
2 Baths
1,755 Sq Ft
$721 Price per Sq Ft

Highlights

  • Colonial Architecture
  • Main Floor Bedroom
  • Bathroom on Main Level
  • Wood Flooring
  • Granite Countertops
  • 3-minute walk to Andrew J. Parise Park

About This Home

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!

Listing Agent

David Wiener

Pin It Realty LLC Brokerage Phone: 718-207-6766 License #10401339260 Listed on: 03/05/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,491

Year Built

  • Built in 1908

Lot Details

  • 2,730 Sq Ft Lot
  • Lot Dimensions are 26x106

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 1,755 Sq Ft Home
  • Ceiling Fan
  • Basement

Kitchen

  • Oven
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

  • Lawrence Elementary School-Broadway
  • Lawrence Middle School At Broadway Campus
  • Lawrence Senior High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2003-39-312-00-0009-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,491

Year Built

Built in 1908

Lot Details

2,730 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Year Built: 1908
  • Attribution Contact: 718-207-6766
  • Carport Y N: No
  • CurrentPrice: 1265000.00
  • MlsMajorChangeType: New Listing
  • CurrentPrice_By_LivingArea: 720.79772
  • ListPrice_By_LivingArea: 720.79772
  • ListPrice_By_OriginalListPrice: 1.00000
  • ListPrice_By_LotSizeAcres: 20175438.5965
  • LivingAreaSearchSqFt: 1755.00
  • CurrentPrice_By_BuildingAreaTotal: 720.79772
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer, Gas Water Heater
  • Interior Amenities: First Floor Bedroom, First Floor Full Bath, Ceiling Fan(s), Granite Counters, Washer/Dryer Hookup
  • Flooring: Ceramic Tile, Hardwood
  • Full Bathrooms: 2
  • Basement: See Remarks
  • Total Bedrooms: 4
  • Fireplace: No
  • Living Area: 1755
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • Pool Private: No
  • Waterfront: No

Garage/Parking

  • Garage: No
  • Parking Description: Driveway

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: LAWRENCE MIDDLE SCHOOL AT BROADWAY CAMPUS

Lot Info

  • Horses: No
  • Lot Size Acres: 0.0627
  • Lot Dimensions: 26X106
  • Lot Size Sq Ft: 2730
  • Parcel Number: 2003-39-312-00-0009-0
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 7491.23
  • Tax Year: 2026

MLS Schools

  • Elementary School: Lawrence Elementary School-Broadway
  • High School: Lawrence Senior High School
  • Middle School District: Lawrence

Matterport 3D Tour

Floorplans

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,503 $534 $194 $340
2024 $2,637 $561 $204 $357
2023 $6,766 $535 $194 $341
2022 $6,766 $561 $204 $357
2021 $7,005 $544 $198 $346
2020 $3,251 $565 $564 $1
2019 $1,944 $605 $604 $1
2018 $3,988 $646 $0 $0
2017 $4,175 $686 $685 $1
2016 $6,157 $726 $662 $64
2015 $2,059 $766 $699 $67
2014 $2,059 $766 $699 $67
2013 $2,153 $868 $792 $76
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2026 03/05/26 For Sale $1,265,000 0.0% $721 / Sq Ft
02/28/2025 02/28/25 Rented $2,750 -1.8% --
02/07/2025 02/07/25 Price Changed $2,800 -1.8% $4 / Sq Ft
02/06/2025 02/06/25 Price Changed $2,850 -1.7% $4 / Sq Ft
01/27/2025 01/27/25 For Rent $2,900 +31.8% --
12/09/2024 12/09/24 Off Market $2,200 -- --
02/15/2024 02/15/24 Rented $2,800 0.0% --
01/30/2024 01/30/24 Price Changed $2,800 -3.4% $2 / Sq Ft
01/15/2024 01/15/24 For Rent $2,900 +28.9% --
07/20/2020 07/20/20 Rented $2,250 0.0% --
06/11/2020 06/11/20 For Rent $2,250 +2.3% --
03/12/2019 03/12/19 Rented $2,200 0.0% --
02/06/2019 02/06/19 Price Changed $2,199 +2.3% $1 / Sq Ft
02/04/2019 02/04/19 Price Changed $2,150 +7.6% $1 / Sq Ft
12/29/2018 12/29/18 Price Changed $1,999 -4.8% $1 / Sq Ft
12/01/2018 12/01/18 For Rent $2,100 -- --
Source: OneKey® MLS

Purchase History

Date Type Sale Price Title Company
Deed -- None Available
Deed $238,000 --
Deed $483,000 --
Interfamily Deed Transfer -- --
Source: Public Records

About the Listing Agent

David Wiener

Pin It Realty LLC

(516) 517-3316

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Source: OneKey® MLS

MLS Number: 967769

OneKey® MLS

APN: 2003-39-312-00-0009-0

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