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Sold for $1,050,000
  • $1,050,000

    487 5TH Avenue, Cedarhurst, NY 11516

    4beds
    1,755sqft
    Duplex, Multi Family
    Built in 1908
    -- sqft lot
    $1,170,300 Zestimate®
    $598/sqft
    $3,856 Estimated rent

    Home value

    $1,170,300

    $1.11M - $1.23M

    $3,856/mo

    Zestimate® history
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    What's special

    Desirable residential blockIn-unit laundry
    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    David Wiener 718-207-6766,

    Pin It Realty LLC 516-239-7940

    Bought with:

    David Wiener, 10401339260

    Pin It Realty LLC

    Source: OneKey® MLS as distributed by MLS GRID,MLS#: 1005499MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Natural Gas
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Laundry: Washer/Dryer Hookup, Inside
    Features
    • First Floor Bedroom, First Floor Full Bath, Ceiling Fan(s), Granite Counters
    • Flooring: Ceramic Tile, Hardwood
    • Basement: See Remarks
    • Attic: See Remarks
    • Has fireplace: No
    Interior area
    • Total structure area: 1,755
    • Total interior livable area: 1,755 sqft

    Property

    Parking
    • Parking features: Driveway
    • Has uncovered spaces: Yes
    Lot
    • Size: 2,730 Square Feet
    • Dimensions: 26 x 106
    Details
    • Parcel number: 2003393120000090
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Duplex, Multi Family
    Materials
    • Vinyl Siding
    Condition
    • Year built: 1908

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & HOA

    Location
    • Region: Cedarhurst

    Financial & listing details

    • Price per square foot: $598/sqft
    • Tax assessed value: $561
    • Annual tax amount: $7,491
    • Date on market: 5/27/2026
    • Cumulative days on market: 19 days
    • Listing agreement: Exclusive Right To Sell
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    7/10/2026Sold$1,050,000-12.4%$598/sqft
    Source: OneKey® MLS as distributed by MLS GRID #1005499 Report a problem
    6/15/2026Pending sale$1,199,000$683/sqft
    Source: OneKey® MLS as distributed by MLS GRID #1005499 Report a problem
    5/24/2026Price change$1,199,000-5.2%$683/sqft
    Source: OneKey® MLS as distributed by MLS GRID #967769 Report a problem
    3/5/2026Listed for sale$1,265,000+431.5%$721/sqft
    Source: OneKey® MLS as distributed by MLS GRID #967769 Report a problem
    12/16/2025Listing removed$3,200$2/sqft
    Source: OneKey® MLS as distributed by MLS GRID #912520 Report a problem
    9/19/2025Price change$3,200-5.9%$2/sqft
    Source: OneKey® MLS as distributed by MLS GRID #912520 Report a problem
    9/13/2025Listed for rent$3,400+21.4%$2/sqft
    Source: OneKey® MLS as distributed by MLS GRID #912520 Report a problem
    3/3/2025Listing removed$2,800$2/sqft
    Source: OneKey® MLS as distributed by MLS GRID #817341 Report a problem
    2/7/2025Price change$2,800-1.8%$2/sqft
    Source: OneKey® MLS as distributed by MLS GRID #817341 Report a problem
    2/6/2025Price change$2,850-1.7%$2/sqft
    Source: OneKey® MLS as distributed by MLS GRID #817341 Report a problem
    1/27/2025Listed for rent$2,900+3.6%$2/sqft
    Source: OneKey® MLS as distributed by MLS GRID #817341 Report a problem
    2/12/2024Listing removed--
    Source: OneKey® MLS as distributed by MLS GRID #3525655 Report a problem
    1/30/2024Price change$2,800-3.4%$2/sqft
    Source: OneKey® MLS as distributed by MLS GRID #3525655 Report a problem
    1/15/2024Listed for rent$2,900+28.9%$2/sqft
    Source: OneKey® MLS as distributed by MLS GRID #3525655 Report a problem
    7/22/2020Listing removed$2,250$1/sqft
    Source: Verdeschi & Walsh Realty LLC #3221398 Report a problem
    6/11/2020Listed for rent$2,250+12.5%$1/sqft
    Source: Verdeschi & Walsh Realty LLC #3221398 Report a problem
    3/23/2019Listing removed$2,000$1/sqft
    Source: COSMETIQUE Report a problem
    3/15/2019Price change$2,000-9%$1/sqft
    Source: COSMETIQUE Report a problem
    2/6/2019Price change$2,199+10%$1/sqft
    Source: Charles Rutenberg Realty Inc #3084437 Report a problem
    12/30/2018Price change$1,999-4.8%$1/sqft
    Source: Charles Rutenberg Realty Inc #3084437 Report a problem
    12/1/2018Listed for rent$2,100+5%$1/sqft
    Source: Charles Rutenberg Realty Inc #3084437 Report a problem
    11/23/2017Listing removed$2,000$1/sqft
    Source: BALILA REALTY Report a problem
    9/8/2017Listed for rent$2,000+5.3%$1/sqft
    Source: BALILA REALTY Report a problem
    12/21/2016Listing removed$1,900+2.5%$1/sqft
    Source: Charles Rutenberg Realty Inc #10349208 Report a problem
    10/21/2015Listing removed$1,854$1/sqft
    Source: BALILA REALTY Report a problem
    9/23/2015Listed for rent$1,854$1/sqft
    Source: BALILA REALTY Report a problem
    6/22/2011Sold$238,000-50.7%$136/sqft
    Source: Public Record Report a problem
    1/19/2007Sold$483,000$275/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $534 -4.8%
    2023-- $561 +4.9%
    2022-- $535
    2021$6,400 +11.1%--
    2020$5,759 -5.8%$565 -6.6%
    2019$6,115 $605 -6.3%
    2018$6,115 -0.7%$646 -5.8%
    2017$6,157 -3.4%$686 -5.5%
    2016$6,377 +209.7%$726 -5.2%
    2015$2,059 -4.4%$766 -11.8%
    2013$2,153 +8.7%$868
    2012$1,981 -48.7%$868 -3.9%
    2011$3,863 -7.1%$903 -10.8%
    2010$4,160 $1,012 -13.9%
    2009-- $1,176 +0.5%
    2008-- $1,170 +2.4%
    2006-- $1,143 -15.5%
    2005-- $1,352 -46.3%
    2004-- $2,520
    2003-- $2,520 -20%
    2002-- $3,150
    2001-- $3,150
    2000-- $3,150
    Find assessor info on the county website

    Neighborhood: 11516

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Lawrence Elementary School-Broadway
    • Middle: LAWRENCE MIDDLE SCHOOL AT BROADWAY CAMPUS
    • High: Lawrence Senior High School

    Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,170,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,170,300