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NewLuxury

$1,575,000

1,942 sqft$811/sqft1 days on market

530 Oceanpoint Avenue

Cedarhurst, NY 11516

· 8% down, 7% APR, 30yr fixed

5

Beds

2

Baths

1,942

Square feet

1932

Built

Listing narrative

Description

PRIME CEDARHURST LOCATION! Fantastic opportunity to own a beautifully updated legal two-family home in the heart of Cedarhurst! Situated on an oversized 60' x 100' property, this versatile home is perfect for investors, end users looking to offset their mortgage with rental income, or those looking to convert into a spacious single-family residence. Both apartments have been newly renovated and updated! The first-floor apartment features 2 bedrooms, 1 full bathroom, and a spacious living room. The second-floor apartment offers 3 bedrooms, 1 full bathroom, and a large living room. Additional features include a finished basement with a separate entrance and laundry room, plus a third floor. Each apartment has its own gas, electric, and water meters, as well as separate boilers and hot water tanks, providing convenience and independent utilities. Enjoy a large backyard, long private driveway, and oversized garage. The home offers 1,942 square feet of living space, not including the basement and third floor. An exceptional opportunity in a prime Cedarhurst location with tremendous flexibility and potential. Live in one unit and rent the other, enjoy a fully income-producing investment, or explore the possibility of converting into a large single-family home!

Listing agent (MLS): David Wiener · Listing brokerage (MLS): Pin It Realty LLC

Property Details

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Price

$1,575,000

Beds

5 bd

Type

House

Home Size

1,942 sqft

Baths

2

Lot Size

0.14 acres

Year

1932

Status

New

Days on Market

1

$ / Sqft

$811

· 8% down, 7% APR, 30yr fixed
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Courtesy of Pin It Realty LLC