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    Property profile & analytics

    485 Central Ave, Unit 491 Cedarhurst, NY 11516-2047

    • Retail space
    • 5,821 SF
    • 0.17 lot acres
    OFF-MARKET
    Value Estimation
    $2,575,000
    Last Sale
    Oct 20, 2021
    $2,400,000
    Location Intelligence
    Property ID
    US63-1575245
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • alist by 100% kids / Women'S Clothing Store / Children'S Clothing Store
    • Central Chiropractic Center / Chiropractor
    • Wayne S. Messer, DC / Chiropractor

    Property Details for 485 Central Ave

    Year built
    1950
    Construction
    FRAME
    Lot size
    0.17 lot acres
    Property size
    5,821 SF
    Property type
    Retail space
    APN
    39-422-00-0441
    APU
    39422000441

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,745,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,185,000
      6.5%
      $2,330,000
      7%
      $2,305,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,295,000
      Geo Method
      $2,725,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,465,000
      Retail
      $1,965,000
      Mixed-Use
      $2,045,000
      Hospitality
      $2,015,000
      Educational
      $2,085,000
      Residential Income
      $2,040,000
      Energy
      $2,300,000
      Income-Based Land
      $2,530,000
      Food Service
      $2,385,000

    Location Insight

    • Map
    • Local Demand
    City
    Cedarhurst
    County
    Nassau
    State
    New York
    Longitude
    -73.7241
    Latitude
    40.621
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $42,854
    $2,725
    $10,224
    $12,949
    -
    $0.00
    $0.00
    $1,294,900

    Comparable in this City

    • Value Estimation by Request
      1,127 SF

      479 Central Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,127 SF
      479 Central Ave, Cedarhurst, NY 11516-2010
      View Details
    • Value Estimation by Request
      2,160 SF

      430 Central Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,160 SF
      430 Central Ave, Cedarhurst, NY 11516-1907
      View Details
    • Value Estimation by Request
      2,295 SF

      492-494 Central Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,295 SF
      492-494 Central Ave, Cedarhurst, NY 11516
      View Details
    • Value Estimation by Request
      4,060 SF

      424 Central Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,060 SF
      424 Central Ave, Cedarhurst, NY 11516-1907
      View Details
    • Value Estimation by Request
      7,530 SF

      578 Central Ave, Unit 592

      RETAIL STORES (PERSONAL SERVICES) • 7,530 SF
      578 Central Ave, Cedarhurst, NY 11516-2127
      View Details
    • Value Estimation by Request
      928 SF

      415 Central Ave, Unit A

      RETAIL STORES (PERSONAL SERVICES) • 928 SF
      415 Central Ave, Cedarhurst, NY 11516-1930
      View Details

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    Similar Nearby for Lease

    • $4,700 /Mo

      Retail Space on Central Avenue

      Prime retail space available for lease on Central Avenue.
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    • Contact for pricing
      5,000 SF

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      Luxurious Private Offices For Rent

      Private offices with utilities and high-speed internet included.
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      Secure storage space with elevator access and climate control.
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      Cedarhurst Office Space For Rent

      Newly renovated office space in Cedarhurst's commercial district.
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      View Details
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    Cedarhurst, NY 11516-2047
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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
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