487 5th AvenueCedarhurst, NY 11516Price: $1,265,000

  • Price: $1,265,000
  • Est. Mortgage of $/month
  • 71 Days on Market
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Federal 30-year interest rate: 6.37% last updated on May 7, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,265,000List Price
  • 4Bedrooms
  • 2Bathrooms
  • 0.06Acreage
  • 1,755Square Feet

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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: o Investors seeking strong rental potential o End users who want to live in one unit and rent the other o 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!

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Listed by David Wiener of Pin It Realty LLC (718-207-6766)

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of May 15, 2026 12:40 AM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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