$1,265,000

487 5th Avenue, Cedarhurst, NY 11516

4 beds |
2 baths |
1,755 sqft

Single-Family Home
Built in 1908
2,731sqft lot
—— car garage
$721/sqft
Listed 20 days ago

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. 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 Status:: Active
Data Last Updated:: March 25, 2026 at 10:23PM
Listing Office:: Pin It Realty LLC : 718-207-6766
MLS ID:: 967769

General: First Floor BedroomFirst Floor Full BathCeiling Fan(s)Granite CountersWasher/Dryer Hookup
Appliances: DishwasherDryerOvenRefrigeratorWasherGas Water Heater
Laundry: Inside
Basement: See Remarks
Flooring: Ceramic TileHardwood
A/C: Wall/Window Unit(s)
Heating: Natural Gas

Style: Colonial
Parking: Driveway

Originating MLS: onekey2
School District: Lawrence
County: Nassau County

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

Utilities: Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
Water: Public
Sewer: Public Sewer

Source: onekey2

This listing courtesy of Pin It Realty LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Lawrence Early Childhood Center

87 Wanser Ave, Inwood, NY, 11096

Grades PK-KG

0.95 miles away

Lawrence Middle School

195 Broadway, Lawrence, NY, 11559

Grades 7-8

1.12 miles away

Lawrence High School

2 Reilly Rd, Cedarhurst, NY, 11516

Grades 9-12

0.56 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.