487 5th Ave Cedarhurst, NY 11516
Estimated payment $7,094/month
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
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
Matterport 3D Tour
Floorplans
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $7,503 | $528 | $192 | $336 |
| 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 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/24/2026 05/24/26 | Price Changed | $1,199,000 | -5.2% | $683 / 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 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Available | |
| Deed | $238,000 | -- | |
| Deed | $483,000 | -- | |
| Interfamily Deed Transfer | -- | -- |
About the Listing Agent
David's Other Listings
Source: OneKey® MLS
MLS Number: 967769
APN: 2003-39-312-00-0009-0
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Ask me questions while you tour the home.