569 Peninsula Blvd Cedarhurst, NY 11516
- Commercial real estate
- 8,000 SF
Current Use by Public Records
- Commercial real estate
Property Details for 569 Peninsula Blvd
- Property size
- 8,000 SF
- Property type
- Commercial real estate
Description
This exceptional mixed-use property, located at 569 Peninsula Blvd in Cedarhurst, NY 11516, presents a compelling investment opportunity. The 8,000 square foot building is currently vacant and offers significant potential. The property features a beautifully renovated two-family home, boasting a total of nine bedrooms and five and a half bathrooms spread across two units. Each unit includes multiple bedrooms, living rooms, formal dining rooms, and kitchens equipped with stainless steel appliances. The home features a desirable layout, with the right side unit offering two bedrooms on the first floor and three bedrooms and 1.5 baths upstairs, and the left side unit featuring two bedrooms and one bath on the first floor and two bedrooms and two baths upstairs. Additional features include central air conditioning, gas heating, one fireplace, a circular driveway, a new roof, a lower-level den, marble and hardwood floors, and two patios with a vinyl fenced-in yard. The property's convenient location is within walking distance of numerous Judaic schools and shopping facilities, and sits on the same block as a place of worship. The asking price is $2,298,888. This property is ideal for both homeowners and investors seeking a substantial multi-family residence in a desirable location. The property includes a 1.5 car garage.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cedarhurst
- County
- 36059
- State
- New York
- Longitude
- -73.7278816
- Latitude
- 40.6311795
