Nassau County  »  11516  »  Chestnut St  »  499 Chestnut St

499 Chestnut Street, Cedarhurst, NY 11516 - Property report

Also known as: 499 Chestnut St

Property image for 499 Chestnut Street, Cedarhurst, NY 11516
static Mapbox map

Property type

Office Building (464.14)

Year built

1931

Acreage

0.193

Sale price

$6,350,000

General information

Unlock this property report with a free account

Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
499 Chestnut Street
ZIP code
11516
County
Nassau
Town/City
Hempstead
Village (SWIS code)
Cedarhurst
Parcel ID
39-263-314

Owner

Find out who owns 499 Chestnut Street, Cedarhurst, NY 11516. Uncover corporate and individual owners with a free account.

Building
Property type
Office Building (464.14)
Building sq. ft.
12,800
Buildings on lot
1
Stories
1
Year built
1931
Sales
Sale date
01/08/2021
Sale price
$6,350,000
Arm's length
Tax
Tax year
2026
Current property tax
$70,784
Tax class
Zoning & Use
Zoning
Capitalization rate
Area type
Perimeter central business district
Lot
Acreage
0.193
Topography
Level
Land
Primary site

Area overview

Walk score
89 /100.  Very Walkable
Transit score
0 /100.  Minimal Transit
Bike score
57 /100.  Bikeable
School district
1015
Street
Paved
Traffic
Medium

View more such as transportation, nearby schools and risk designations.

Commercial Buildings

Sq. ft. Structure Grade Year built Stories
12,350 Office 10k-20k sf B 1931 1
Floor distribution
Floors Sq. ft. Use Construction Condition Exterior wall Heating Air conditioning Plumbing
B1-B1 3,364 Support area
01-01 6,175 Offices 10,000 - 20K sf Central
02-02 6,175 Offices 10,000 - 20K sf Central

Ownership information for 499 Chestnut Street, Cedarhurst, NY

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 499 Chestnut Street, Cedarhurst, NY 11516

Sale date Sale price Buyer name Seller name
01/08/2021 $6,350,000
12/15/2020 $6,350,000 XX XXXXXXXX XXX XXX XXXXXXXX XXX
08/15/2013 $850,000 XXX XXXXXXXX XXX XXX XXX

*Most recent sales on record for this property.

More about Nassau County property records.

Title documents

Date Type Amount Party 1 Party 2
01/08/2021 - R Other
(Mortgage agreement)
XXXXXXX XXXXXX XXXX XXX XXXXXXXX XXX
01/08/2021 - R Other
(Mortgage agreement)
XX XXXXXXXX XXX XXXXX XXXXX XXXX
01/08/2021 - R Other
(Mortgage agreement)
XX XXXXXXXX XXX XXXXX XXXXX XXXX
01/08/2021 - R Assignment
(Assign mortgage)
XXXXXXX XXXXXX XXXX XXXXXXXX XXXX XXXXX XXXXX XXXX
01/08/2021 - R Deed
(Deed commercial/vacant land)
01/08/2021 - R
12/15/2020 - D
Deed
(Deed commercial/vacant land)
XXX XXXXXXXX XXX XX XXXXXXXX XXX
01/08/2021 - R
12/15/2020 - D
Mortgage
(Gap)
XX XXXXXXXX XXX XXXXX XXXXX XXXX
01/24/2014 - R
08/15/2013 - D
Deed XXX XXX XXX XXXXXXXX XXX
06/22/2004 - R
05/27/2004 - D
Deed XXXXX XXXX
12/13/2000 - R
11/28/2000 - D
Deed XXXXXXX XXXXXX XXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 499 Chestnut Street, Cedarhurst, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2026
Current property tax
$70,784
Tax class
Base tax
$74,782
Recent tax assessments
Market value
$2,216,800
Assessed value
$22,168
Transitional assessed value
Exemptions

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Tax rate Property tax Y-o-Y change
2026 $2,216,800 $22,168 337.342 $74,782 -0.53%
2025 $2,216,800 $22,168 340.24 $75,179 +12.25%
2024 $2,216,820 $22,168 338.743 $66,973 +2.09%
2023 $2,216,800 $22,168 376.015 $65,603 -26.15%
2022 $2,216,800 $22,168 400.732 $88,834 -6.90%
2021 $2,181,000 $21,810 437.487 $95,416 +79.20%
2020 $1,054,500 $10,545 504.928 $53,245 -43.12%
2019 $1,880,600 $18,806 497.763 $93,609 -4.68%
2018 $1,880,600 $18,806 522.219 $98,209 +190.64%
2017 $695,800 $6,958 485.638 $33,791 -14.60%

Permit information for 499 Chestnut Street, Cedarhurst, NY

No recently recorded permits for this property.

Demographics by ZIP code

Total population
9,112
Median age
33.9
Average household income
$142,695
Family households
71.0%
People per household (average)
2.84
Occupied housing units
3,207
Owner-occupied units
72.2%
Median year structure built
1955
Median value mortgaged units
$907,600

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones
X

Transportation

Daily traffic map

Access the detailed traffic volume map for 499 Chestnut Street, Cedarhurst, NY 11516 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

What is the year built for 499 Chestnut Street, Cedarhurst, NY 11516?

The development at 499 Chestnut Street, Cedarhurst, NY 11516 was built in 1931.

What is the market value of 499 Chestnut Street, Cedarhurst, NY 11516?

The current market value of 499 Chestnut Street, Cedarhurst, NY 11516 is $2,216,800.

What is the total square footage of 499 Chestnut Street, Cedarhurst, NY 11516?

499 Chestnut Street, Cedarhurst, NY 11516 has a total of 12,800 square feet.

What is the price per square foot for this property?

$496 per square foot is the price for 499 Chestnut Street, Cedarhurst, NY 11516.

Disclaimer

Copyright 2003-2026 by PropertyShark.com

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

Sign up for a free account