Building Details

Year Built 1983

Listing Agency: Besmatch Crosswest Group Corp.

Listed By: Ishwar Rameshar Show Phone

Source: Cthomeseekers

Added: Aug 29 Changed: Oct 11 Last Checked: Oct 16 at 9:02AM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Besmatch Crosswest Group Corp.

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Investment Insights

Based on property information with market context.

Built in 1983, this two-level duplex contains separate upper and lower residences that are being delivered vacant. The upper residence includes three bedrooms and one full bathroom, while the lower residence provides two bedrooms and two full bathrooms. The property is offered strictly as-is, giving the next owner control over any desired updates or improvements.

The property is located in Cedarhurst near shopping, dining, transportation, and major roadways. Its existing two-residence configuration supports consideration by an owner-occupant or an investor, subject to the buyer’s plans and applicable requirements.

Key Highlights

• Two‑residence duplex delivered fully vacant
• Upper residence includes 3 bedrooms and 1 full bath
• Lower residence includes 2 bedrooms and 2 full baths

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Storage Facility Bar & Pub Pet Grooming Service Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2

Residential units

Location Intelligence

Trade Area within ½ mile

1,924

Businesses Nearby

Explore this area Business Placement

Demographics for 11516, NY

8,394

Population

3,346

Households

2.5

Avg Household Size

33

Median Age

47%

College-Educated

95%

High-School Grad

0.9 sq mi

ZIP Area

9,327

Density / Sq Mi

$102,083

Median Household Income

$59,919

Median Earnings

$2,204

Median Rent

$818,600

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Frequently Asked Questions

What type of property is this?

Duplex - Two separate residences are delivered vacant, allowing immediate control of occupancy and future improvements.

Where is this duplex located?

The property is located at 7 Roberts Lane Cedarhurst, NY.

What is the asking price?

The asking price for this property is $1,350,000.

What are key features of this property?

This property features: Two‑residence duplex delivered fully vacant; Upper residence includes 3 bedrooms and 1 full bath; Lower residence includes 2 bedrooms and 2 full baths