Property profile

524 Central Ave Cedarhurst, NY 11516

OFF-MARKET
Retail space
Property ID
US63-0698012
1,620 SF 0.04 ac lot Built 1920
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1920
Construction FRAME
Total area 1,620 SF
Lot 0.04 ac (1,950 SF)
APN 39-262-00-0149
UPID US63-0698012

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Department Store
  • (Bike/Boat/Book/etc) Store

Location

524 Central Ave Cedarhurst, NY 11516-2127
Cedarhurst metro Census 411200 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.80M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.80M

Owner & transaction history

since 2024
Last sale
$1.8M
3 recorded transactions
2024
$1.8M
2016
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Neighborhood: shopping center $1.4M +54.0%
Office building $1.1M +23.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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