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499 Chestnut Street, Cedarhurst, NY 11516 Property Information

499 Chestnut Street, Cedarhurst, NY 11516 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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499 Chestnut Street, Cedarhurst, NY 11516
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Address

Primary address 499 Chestnut Street, Cedarhurst
Zip code 11516
County Nassau
Town/City Hempstead
Village (swiss code) Cedarhurst
Parcel ID 39-263-314

Sales & Tax Overview for 499 Chestnut Street, Cedarhurst

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Sale date 01/08/2021
Sale price $6,350,000
Arm's length
Current property tax $70,784

Lot & Building Information for 499 Chestnut Street, Cedarhurst

Building sqft 12,800
Building class Office Building (464.14)
Land Primary site
Topography Level
Acreage 0.193
Buildings on lot 1
Year built 1931
Stories 1
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district (See more on map)
Capitalization rate
Street Paved
Traffic Medium
Area type Perimeter central business district
School district Lawrence UFSD

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Commercial Buildings

Square footage Structure Grade Year built Stories
12,350 Office 10k-20k sf B 1931 1

Floor Distribution

Floors Square footage 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

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Income and Expenses

Check out a breakdown by type of rentable square feet and the rent charged for each, including detailed info on expenses, gross/net income, income and expense rate.

Other Property Data for 499 Chestnut Street, Cedarhurst

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  • • Improvements for 499 Chestnut Street, Cedarhurst , including their type, square footage, grade and when they were built.
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About 499 Chestnut Street, Cedarhurst

How many sq. ft. does 499 Chestnut Street, Cedarhurst, NY 11516 have & what is the price per sq. ft?

This Office Building (464.14) located at 499 Chestnut Street, Cedarhurst, NY 11516 has a total of 12,800 square feet and a current price per square foot of $496.

What is the year built & the current market value of 499 Chestnut Street, Cedarhurst, NY 11516?

499 Chestnut Street, Cedarhurst, NY 11516 was built in 1931 and has a current tax assessor's market value of $2,216,800.

Ownership Information

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Past Sales & Property History for 499 Chestnut Street, Cedarhurst

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Purchase date Purchase price Buyer name Seller name
01/08/2021 $6,350,000
12/15/2020 $6,350,000
08/15/2013 $850,000
       
       
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*Here are the three most recent sales for this property.


Title Documents for 499 Chestnut Street, Cedarhurst

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Date Type Amount Party 1 Party 2
01/08/2021 - R Other
(Mortgage agreement)
01/08/2021 - R Other
(Mortgage agreement)
01/08/2021 - R Other
(Mortgage agreement)
01/08/2021 - R Assignment
(Assign mortgage)
01/08/2021 - R Deed
(Deed commercial/vacant land)
12/15/2020 - D
01/08/2021 - R
Deed
(Deed commercial/vacant land)
12/15/2020 - D
01/08/2021 - R
Mortgage
(Gap)
08/15/2013 - D
01/24/2014 - R
Deed
05/27/2004 - D
06/22/2004 - R
Deed
11/28/2000 - D
12/13/2000 - R
Deed
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R: Recorded date
D: Document date

Property Taxes for 499 Chestnut Street, Cedarhurst

Access detailed property tax data for 499 Chestnut Street, Cedarhurst, NY 11516. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

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

Assessment History for 499 Chestnut Street, Cedarhurst

Here's the assessment & property tax history for 499 Chestnut Street, Cedarhurst, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessment value Total tax rate Property tax Year over year 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%

Permits for 499 Chestnut Street, Cedarhurst

The complete history of permits filed for 499 Chestnut Street, Cedarhurst, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Data not available for this property.

Demographics by Zip Code

Total population 9,112
Median age 33.9
Average household income $142,695
Family households 71.0%
Occupied housing units 3,207
Owner occupied units 72.2%
Average number of people per household 2.84
Median year structure built 1955
Median value for units with a mortgage $907,600
Median value for units without a mortgage $0

Risk

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FEMA flood zone(s) X (See more on map)

Transportation

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

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Neighbors for 499 Chestnut Street, Cedarhurst

Here are the neighbors for 499 Chestnut Street, Cedarhurst.

Address Square feet Purchase date Purchase price
491 Willow Ave, Cedarhurst
497 Willow Ave, Cedarhurst
505 Cedarhurst St, Cedarhurst 6,640 07/12/2011 $1,200,000
140-144 Spruce St, Cedarhurst 5,411 08/12/2021 $1,660,000
466 Central Ave, Cedarhurst 19,026 09/22/1995 $1,569,790
112-118 Spruce St, Cedarhurst 10,844 10/26/1999 $590,000
482-486 Central Ave, Cedarhurst 4,890 11/07/2002
480 Central Ave, Cedarhurst 4,808 01/06/2010 $1,900,000
137 Cedarhurst Ave, Cedarhurst 7,020 03/29/2023 $32,635
487 Chestnut St, Cedarhurst 7,212 03/05/2014 $1,600,000
488 Central Ave, Cedarhurst 8,960 10/15/2018 $3,200,000
477 Chestnut St, Cedarhurst 3,118 04/10/2019 $1,600,000
103-113 Cedarhurst Ave, Cedarhurst 16,815
135 Cedarhurst Ave, Cedarhurst 4,280 08/26/2019 $1,590,000
483 Chestnut Ave, Cedarhurst 2,832 02/22/2000 $310,000
486 Willow Ave, Cedarhurst
503 Willow Ave, Cedarhurst
115 Cedarhurst Ave, Cedarhurst 4,284
478 Willow Ave, Cedarhurst
125 Cedarhurst Ave, Cedarhurst 5,156 02/15/2022 $3,900,000

Nearby ZIP Codes for 499 Chestnut Street, Cedarhurst

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