#867927, Listing office: Pin It Realty LLC
Property details
About 574 Lincoln St
Cedarhurst Gem – Fully Renovated Legal 2-Family home with Income & Expansion Potential! Welcome to this fully gut-renovated, income-producing 2-family home in the heart of Cedarhurst, one of the most sought-after neighborhoods in the 5 Towns. This is a rare investment opportunity that offers cashflow, flexibility, upside, and long-term value. Whether you're looking to live in one unit and rent the other, or maximize income with multiple tenants, this home delivers. - Renovated from top to bottom with permits - All new plumbing and electrical systems - Owner is motivated — priced to sell! Layout: First Floor: Open-concept living space with 3 spacious bedrooms, 2 full bathrooms, beautiful sunroom which can be used as an office, playroom, den, or additional bedroom. Modern finishes throughout. Second Floor: Identical open-concept layout with 3 bedrooms, 2 full bathrooms, and sun-filled living areas. Basement: Large, open space with 2 additional full bathrooms, perfect for additional living space, storage, recreation, considering that it's fully finished. Why Cedarhurst? Low taxes, high demand, and a vibrant community make this one of the top locations in Nassau County. With the market heating up, this is your chance to lock in an appreciating asset in a prime area. - Live in one unit, rent the other - Full rental opportunity for serious investors - 6 Bedrooms (3 on each floor) - 6 Full Bathrooms (2 per level including basement) - Fully Permitted Renovation - Endless Income Potential Note: This house is NOT in the flood zone! This listing won’t last. You know what to do if you want to own this beauty.
Highlights
Summary
- Full Bathrooms: 6
- Basement: Yes
- Interior: Other
- Total Bedroom Count: 6
- Garage Space: 1 space
- Exterior: Deck
- Heating: Natural Gas, Other
- Cooling: Central Air
- List Price: $1,449,000
- Annual Tax Amount: $3,117
- Tax Year: 2024
- Year Built: 1955
- Lot Size: 0.0918 Acres
- MLS Number: 890903
- MLS Name: ONEKEY2
- Office Name: Winzone Realty Inc
- Office Phone: (917) 749-3050
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Price information
Property sales
Date | Event | Price |
---|---|---|
Mar 20, 2019 | Home Sold | $710,000 |
Jan 12, 1995 | Home Sold | $125,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $670 | $3,117 |
2023 | $670 | $8,095 |
2022 | $658 | $7,742 |
2021 | $621 | $6,354 |
2020 | $765 | $5,973 |
2019 | $628 | $5,393 |
2018 | $670 | $5,562 |
2017 | $712 | $5,625 |
History based on county public records data.
Nearby schools
5
Lawrence Primary School
Public District 1-3
1.4 mi
•1 Donahue Ave
6
Ogden Elementary School
Public District 2-5
1.4 mi
•875 Longview Ave
4
Lawrence Elementary School
Public District 4-6
1.5 mi
•195 Broadway
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $127,679. The majority of Cedarhurst, NY residents have income between $100k-200k annually. Residents typically live in married, with kids family. The majority of residents in this area have high school diploma education.
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Frequently asked questions
About 574 Lincoln St
The listing price of 574 Lincoln St property is $1,449,000.
The property 574 Lincoln St is a multi located in Cedarhurst, New York, 11516.
Active Listing: 574 Lincoln St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 574 Lincoln St are: Lawrence Primary School (GreatSchools Rating 5/10), Ogden Elementary School (GreatSchools Rating 6/10), Lawrence Elementary School (GreatSchools Rating 4/10), Woodmere Middle School (GreatSchools Rating 6/10), Lawrence Middle School (GreatSchools Rating 3/10), P.S./M.S. 138 Sunrise School (GreatSchools Rating 4/10), Lawrence High School (GreatSchools Rating 4/10), George W Hewlett High School (GreatSchools Rating 9/10), Valley Stream South High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2024 is $3,117 (source: MLS/based on county public records data).
The last sale was on March 20, 2019 for $710,000 (source: MLS/tax record).
The year of construction for 574 Lincoln St is 1955.
This home is located at 574 Lincoln St in Cedarhurst, NY and zip code 11516 in the Town of Hempstead neighborhood. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since July 18, 2025 and is currently priced at $1,449,000.
While more than 0 listings in Cedarhurst, NY in June 2025 were sold above asking price, there were more than 0 listings sold at asking price, and more than 2 were sold below. In June 2025 in Cedarhurst, NY there were 3.1% less homes for sale than in May. The median list price of listings available in June 2025 was $1,170,000, while the average time on the real estate market was 83 days.