487 5TH Avenue
Cedarhurst, NY 11516
- 4 Beds
- 2 Baths
- 1,755 sqft
$1,050,000
Last Sold: Jul 10, 2026
12% below list $1.2M
$598/sqft
Est. Refi. Payment $6,604/mo*
$1,050,000
Last Sold: Jul 10, 2026
12% below list $1.2M
$598/sqft
Est. Refi. Payment $6,604/mo*
4 Beds
2 Baths
1,755 sqft
Local Information
-- mins to
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.
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!
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!
487 5TH Avenue, Cedarhurst, NY 11516 is a 4 bedroom, 2 bathroom, 1,755 sqft multi-family built in 1908. It last sold for $1,050,000 on Jul 10, 2026 (12% below the $1,199,000 asking price). More recently, it was listed as a rental in September 2025 with an asking price of $3,400 per month. That rental listing was removed on December 16, 2025. It is currently off market. The Trulia Estimate is $1,170,300, with a rent estimate of $3,856/month.
Home Highlights
Parking
Open Parking
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$598/sqft
Listed
53 days ago
Home Details for 487 5TH Avenue
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Interior Details Basement: See Remarks |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Appliances & Utilities Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water ConnectedLaundry: Washer/Dryer Hookup,Inside |
Heating & Cooling Heating: Natural GasHas CoolingAir Conditioning: Wall/Window Unit(s)Has HeatingHeating Fuel: Natural Gas |
Fireplace & Spa No Fireplace |
Gas & Electric Has Electric on Property |
Windows, Doors, Floors & Walls Flooring: Ceramic Tile, Hardwood |
Levels, Entrance, & Accessibility Floors: Ceramic Tile, Hardwood |
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Exterior Home Features No Private Pool |
Parking & Garage No CarportNo GarageHas Open ParkingParking: Driveway |
Water & Sewer Sewer: Public Sewer |
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Cumulative Days on Market: 19 |
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Year Built Year Built: 1908 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Duplex, Multi FamilyArchitecture: Colonial |
Building Construction Materials: Vinyl SidingNot Attached Property |
Property Information Parcel Number: 2003393120000090 |
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Price List Price: $1,199,000Price Per Sqft: $598/sqft |
Status Change & Dates Off Market Date: Mon Jun 15 2026 |
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MLS Status: Sold |
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Direction & Address City: Cedarhurst |
School Information Elementary School: Lawrence Elementary School-BroadwayJr High / Middle School: LAWRENCE MIDDLE SCHOOL AT BROADWAY CAMPUSHigh School: Lawrence Senior High SchoolHigh School District: Lawrence |
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Building Area Building Area: 1755 Square Feet |
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Not Senior Community |
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Lot Area: 2730 sqft |
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Special Conditions: None |
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Listing Agreement Type: Exclusive Right To Sell |
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BasementMls Number: 1005499Attic: See RemarksAttribution Contact: 718-207-6766Showing Requirements: Call Listing Agent |
Last check for updates: about 7 hours ago
Listed by David Wiener, (718) 207-6766
Pin It Realty LLC, (516) 239-7940
Bought with: David Wiener, (718) 207-6766, Pin It Realty LLC, (516) 239-7940
Source: OneKey® MLS as distributed by MLS GRID, MLS#1005499

Price History for 487 5TH Avenue
| Date | Price | Event | Source |
|---|---|---|---|
| 07/10/2026 | $1,050,000 | Sold | OneKey® MLS as distributed by MLS GRID #1005499 |
| 06/15/2026 | $1,199,000 | Pending | OneKey® MLS as distributed by MLS GRID #1005499 |
| 05/24/2026 | $1,199,000 | PriceChange | OneKey® MLS as distributed by MLS GRID #967769 |
| 03/05/2026 | $1,265,000 | Listed For Sale | OneKey® MLS as distributed by MLS GRID #967769 |
| 12/16/2025 | $3,200 | ListingRemoved | OneKey® MLS as distributed by MLS GRID #912520 |
| 09/19/2025 | $3,200 | PriceChange | OneKey® MLS as distributed by MLS GRID #912520 |
| 09/13/2025 | $3,400 | Listed For Rent | OneKey® MLS as distributed by MLS GRID #912520 |
| 03/03/2025 | $2,800 | ListingRemoved | OneKey® MLS as distributed by MLS GRID #817341 |
| 02/07/2025 | $2,800 | PriceChange | OneKey® MLS as distributed by MLS GRID #817341 |
| 02/06/2025 | $2,850 | PriceChange | OneKey® MLS as distributed by MLS GRID #817341 |
| 01/27/2025 | $2,900 | Listed For Rent | OneKey® MLS as distributed by MLS GRID #817341 |
| 02/12/2024 | ListingRemoved | OneKey® MLS as distributed by MLS GRID #3525655 | |
| 01/30/2024 | $2,800 | PriceChange | OneKey® MLS as distributed by MLS GRID #3525655 |
| 01/15/2024 | $2,900 | Listed For Rent | OneKey® MLS as distributed by MLS GRID #3525655 |
| 07/22/2020 | $2,250 | ListingRemoved | Agent Provided |
| 06/11/2020 | $2,250 | Listed For Rent | Agent Provided |
| 03/23/2019 | $2,000 | ListingRemoved | Agent Provided |
| 03/15/2019 | $2,000 | PriceChange | Agent Provided |
| 02/06/2019 | $2,199 | PriceChange | Agent Provided |
| 12/30/2018 | $1,999 | PriceChange | Agent Provided |
| 12/01/2018 | $2,100 | Listed For Rent | Agent Provided |
| 11/23/2017 | $2,000 | ListingRemoved | Agent Provided |
| 09/08/2017 | $2,000 | Listed For Rent | Agent Provided |
| 12/21/2016 | $1,900 | ListingRemoved | Agent Provided |
| 10/21/2015 | $1,854 | ListingRemoved | Agent Provided |
| 09/23/2015 | $1,854 | Listed For Rent | Agent Provided |
| 06/22/2011 | $238,000 | Sold | N/A |
| 01/19/2007 | $483,000 | Sold | N/A |
Market trends in Cedarhurst
Last updated June 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
22
7MoM
Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | |
| Assessment | $534,000 |
Home facts updated by county records
Comparable Sales for 487 5TH Avenue
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.03 | Multi-Family Home | $754,000 | 12/11/25 | 5 | 2 | 1,968 | |
0.67 | Multi-Family Home | $945,000 | 08/06/25 | 7 | 3 | 3,050 | |
1.09 | Multi-Family Home | $900,000 | 06/04/26 | 6 | 2 | 1,830 | |
0.48 | Multi-Family Home | $1,550,000 | 11/24/25 | 4 | 3 | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 487 5TH Avenue.
What Locals Say about Cedarhurst
At least 40 Trulia users voted on each feature.
88 % Say there are sidewalks
84 % Say it's dog friendly
79 % Say yards are well-kept
79 % Say it's walkable to grocery stores
76 % Say it's walkable to restaurants
73 % Say people would walk alone at night
72 % Say kids play outside
71 % Say streets are well-lit
68 % Say parking is easy
67 % Say they plan to stay for at least 5 years
67 % Say car is needed
55 % Say there's holiday spirit
50 % Say it's quiet
46 % Say neighbors are friendly
31 % Say there are community events
23 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
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Homes for sale near 487 5TH Avenue
Off Market Homes Near 487 5TH Avenue

Based on information submitted to the MLS GRID as of 2026-07-20 09:23:04 PDT 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. Some IDX listings have been excluded from this website. Click here for more information