Cedarhurst Gem – Fully Renovated Legal 2-Family home with Income & Expansion Potential!
Welcome to this fully gut-renovated, income-producing 2-family home in the heart of Cedarhurst, one of the most sought-after neighborhoods in the 5 Towns. This is a rare investment opportunity that offers cashflow, flexibility, upside, and long-term value. Whether you're looking to live in one unit and rent the other, or maximize income with multiple tenants, this home delivers.
- Renovated from top to bottom with permits
- All new plumbing and electrical systems
- Owner is motivated — priced to sell!
Layout:
First Floor: Open-concept living space with 3 spacious bedrooms, 2 full bathrooms, beautiful sunroom which can be used as an office, playroom, den, or additional bedroom. Modern finishes throughout.
Second Floor: Identical open-concept layout with 3 bedrooms, 2 full bathrooms, and sun-filled living areas.
Basement: Large, open space with 2 additional full bathrooms, perfect for additional living space, storage, recreation, considering that it's fully finished.
Why Cedarhurst?
Low taxes, high demand, and a vibrant community make this one of the top locations in Nassau County. With the market heating up, this is your chance to lock in an appreciating asset in a prime area.
- Live in one unit, rent the other
- Full rental opportunity for serious investors
- 6 Bedrooms (3 on each floor)
- 6 Full Bathrooms (2 per level including basement)
- Fully Permitted Renovation
- Endless Income Potential
Note: This house is NOT in the flood zone!
This listing won’t last. You know what to do if you want to own this beauty.
For sale
Price cut: $140K (7/29)
$1,449,000
574 Lincoln Street, Cedarhurst, NY 11516
6beds
2,238sqft
Duplex, Multi Family
Built in 1955
-- sqft lot
$-- Zestimate®
$647/sqft
$-- HOA
What's special
Modern finishesSpacious bedroomsOpen-concept living spaceIdentical open-concept layoutLarge open space
- 25 days
- on Zillow |
- 1,465 |
- 40 |
Zillow last checked: 7 hours ago
Listing updated: August 07, 2025 at 07:48am
Listing by:
Winzone Realty Inc 718-899-7000,
Eliyahu Arshadnia 917-749-3050
Source: OneKey® MLS,MLS#: 890903

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Other
Cooling
- Central Air
Features
- Other
- Basement: Finished,Full
Interior area
- Total structure area: 2,238
- Total interior livable area: 2,238 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage, Carport
- Garage spaces: 1
- Carport spaces: 1
Features
- Patio & porch: Deck
Lot
- Size: 4,000 Square Feet
Details
- Parcel number: 2003392740000230
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Other
- Foundation: Other
Condition
- Updated/Remodeled
- Year built: 1955
Utilities & green energy
- Sewer: Other
- Water: Other
- Utilities for property: See Remarks
Community & HOA
Location
- Region: Cedarhurst
Financial & listing details
- Price per square foot: $647/sqft
- Tax assessed value: $670,000
- Annual tax amount: $9,413
- Date on market: 7/18/2025
- Listing agreement: Exclusive Right To Sell
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