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    463 Summit Ave, Unit 2F Cedarhurst, NY 11516

    For Sale
    $750,000

    Spacious two-bedroom apartment with modern amenities and park views.

    Lot size:
    0.85 Acres

    Property Features for 463 Summit Ave

    General Information

    Lot size
    0.85 Acres

    Building Details

    Year built
    1962

    Source: BERKSHIRE HATHAWAY Agent Daniel Strauss

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Two Bedroom Apartment

    This spacious, updated two-bedroom apartment is located in the heart of the Five Towns, situated in an elevator building. The unit features a formal living room/dining room and a eat-in-kitchen with granite countertops. It includes two full baths, central air conditioning, and a washer-dryer. A spacious private terrace offers views of Cedarhurst Park. The apartment also includes a private, large storage area, making it suitable for downsizing.
    Location Intelligence

    Current Use by Public Records

    Palmer House Apartment Building

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cedarhurst
    County
    Nassau
    State
    New York
    Longitude
    -73.726494
    Latitude
    40.622763

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    FAQs

    What type of property is this?
    Apartment building - Spacious two-bedroom apartment with modern amenities and park views.
    Where is this apartment building located?
    The property is located at 463 Summit Ave, Unit 2F Cedarhurst, NY.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - Updated 2-bedroom apartment in the heart of the Five Towns.; - Elevator building with central air conditioning and in-unit washer/dryer.; - Eat-in kitchen with granite countertops.
    (516) 659-7348
    Request Owner's contact information
    463 Summit Ave, Unit 2F Cedarhurst, NY 11516
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    463 Summit Ave, Unit 2F Cedarhurst, NY 11516
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