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5 Beds
2 Baths
1,942 sqft

$1,575,000

530 Oceanpoint Avenue, Cedarhurst NY, 11516

Price per sqft$811.02
Built in1932
Property size1,942 sqft
Property typeResidential
Courtesy of Pin It Realty LLC, David Wiener Listing Contact: 718-207-6766

Overview

Active

Listed Nov 10, 2026

Updated 12h ago

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!

$10,479/mo

Est. mortgage payment based on a $1,575,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1072274

Interior Features

Bedrooms
5
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.14 Acres

Other Property Details

Taxes
$9,677
Tax Frequency
Annually
Garage
Yes
55+/Senior Community
No

Listings courtesy of OneKey MLS as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor GNL Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 5:06 AM UTC on 11/12/2026. 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.

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