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487 Fifth Avenue , Cedarhurst, NY 11516

$1,199,000

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New to the Market

MLS#1005499

STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLLawrence

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Property Description

Prime Cedarhurst Legal 2-Family, Low Taxes, Not in Flood ZoneRare 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 residenceEnjoy 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!

487 Fifth Avenue | MLS# 1005499

This multi-family property located at 487 Fifth Avenue , Cedarhurst, NY 11516 is currently listed for sale with an asking price of $1,199,000. Fifth Avenue is located within the Lawrence school district. Search Cedarhurst real estate on www.laffey.com today.

Property Features

Property Type: Multi Unit - Multiple

Basement: See Remarks

Cooling: Wall/Window Unit(s)

Heating: Natural Gas

Home Style: Colonial

Lot Size: 0.06 Acres

Taxes: $7,491

Year Built: 1908

Amenities

First Floor Bedroom

First Floor Full Bath

Ceiling Fan(s)

Granite Counters

Washer/Dryer Hookup

Feature Descriptions

Building Area Total: 1755

Exterior: Vinyl Siding

Flooring: Ceramic Tile, Hardwood

Laundry: Inside

Lot Dimensions: 26X106

On Market Date: 2026-05-27

Parcel Number: 2003-39-312-00-0009-0

Parking Features: Driveway

Rental Term: Monthly

Sewer: Public Sewer

Units: 2

Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Water: Public

Local Schools

High School: Lawrence Senior High School

Middle School: LAWRENCE MIDDLE SCHOOL AT BROADWAY CAMPUS

Elementary School: Lawrence Elementary School-Broadway

School District: Lawrence

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55 Northern Blvd
Greenvale, NY 11548

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487 Fifth Avenue , Cedarhurst, NY 11516

Property Description

487 Fifth Avenue | MLS# 1005499

Property Features

Amenities

Feature Descriptions

Local Schools

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487 Fifth Avenue , Cedarhurst, NY 11516

487 Fifth Avenue , Cedarhurst, NY 11516

Property Description

487 Fifth Avenue | MLS# 1005499

Property Features

Amenities

Feature Descriptions

Local Schools

TOUR THIS HOME

Estimate Your Payment

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Listed By / Shown By

487 Fifth Avenue , Cedarhurst, NY 11516

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