New Listing - 05/27/2026
487 Fifth Avenue, Cedarhurst, NY, 11516
4 beds
2 Full baths
1908
Colonial
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!
Status:
Active
Type:
Single-family residential
Laundry Remarks:
Inside
Units:
2
Heating:
Natural Gas
Cooling:
Wall/Window Unit(s)
Basement:
See Remarks
Parking:
Driveway
Acreage:
0.06
Est. Taxes:
$7,491
Assessment
$561
Construction
Vinyl Siding
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Elementary School:
Lawrence Elementary School-Broadway
Middle School:
LAWRENCE MIDDLE SCHOOL AT BROADWAY CAMPUS
High School:
Lawrence Senior High School
School District:
Lawrence
Days on Market:
1
MLS #:
1005499
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Pin It Realty LLC 718-207-6766