Hempstead NY Multi Family for Sale

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Open House:

Thursday, 11/7 2:00-4:30PM

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Year built:
1959
Baths:
3.00
MLS#:
3586850

ADDITIONAL INFORMATION

Information Deemed Accurate But Not Guaranteed. Buyers Should Verify All Information. 2 Legal Family Duplex in the Uniondale School District. Finished Basement OSE, Uniondale School, 10 Years Roof, One Water Tank For The Whole House, Gas Stove, Each unit has its own Electricity Circuit Box. SOLD AS IS

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Year built:
1908
Baths:
2.00
MLS#:
3582521
Subdivision:
Aka Hastings Pl

ADDITIONAL INFORMATION

ATTENTION ALL INVESTORS!!! Legal Two-Family Home Producing $6700/MONTH IN RENT!!! GROSS INCOME = $80,400!!! Conveniently Located Near Schools, LIRR, Roosevelt Field Mall, Golf Club and Parks, Restaurants, Shops And Public Transportation. Both Units are Occupied by Tenants With Impeccable Payment History. Each Unit Is Offering Two-Level 3 Bedroom Apartment With Spacious Lay Out; 2296 Sf of Total Living Space Plus Full Basement For Additional Storage. Step Inside to Find Abundance of Space in Each Unit: Foyer, Living Room/Den, Eat-In Kitchen on the First Floor and 3 Large Bedrooms With Full Bathroom on The Second Floor. Both Units Have Their Own Private Fully Fenced Back Yard. Utilities Paid By Tenants. Make This Home Your Income-Producing Asset!

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Year built:
1898
Baths:
2.00
MLS#:
3570850

ADDITIONAL INFORMATION

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Year built:
1912
Baths:
2.00
MLS#:
3568055

ADDITIONAL INFORMATION

5.78 Cap 2 Family Investment property 100% occupied with Section 8 Tenants under the NYS HCR EHV Program. 1st floor tenants have just renewed 1 year lease in May and 2nd floor tenant renewed a 1 year lease in December. Currently the second floor unit is rented for $2700.00 monthly and the first floor unit is rented for $2,400.00 monthly. The annual gross income is $61,200.00 after expenses the NOI is $40,464.47 representing a 5.78 Cap Rate. The 2nd floor tenant pays 100% of their utilities and 1st floor tenant pays their own electric and Landlord pays on average $250.00 monthly for 1st floor tenants gas. 64 Stewart Avenue is a perfect opportunity for an investor to acquire an income-producing asset.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
8
Year built:
1950
Baths:
4.00
MLS#:
3568033

ADDITIONAL INFORMATION

TENANT OCCUPIED. NO ACCESS TO INDIVIDUAL APARTMENTS. BASEMENT ACCESS ONLY. Investor property with 4 two-bedroom apartments located near Southern State Parkway, Mercy Hospital, and schools! All units occupied with leases expiring March and May 2025. 3 units renovated between 2022-2024. New roof is 1 year old. Street Parking only. 4gas and electric meters, 4 heating systems, 4 hw heaters. Heating and HW updated within past 4 years.

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Andrea Conner, License 10311208085, Xome Inc., License 10991227159, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


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Hempstead Real Estate

The median home value in Hempstead, NY is $604,000. This is lower than the county median home value of $676,200. The national median home value is $338,100. The average price of homes sold in Hempstead, NY is $604,000. Approximately 78.26% of Hempstead homes are owned, compared to 17.42% rented, while 4.32% are vacant. Hempstead real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Hempstead real estate agent to arrange a tour today!

Hempstead, New York has a population of 791,018. Hempstead is less family-centric than the surrounding county with 35.3% of the households containing married families with children. The county average for households married with children is 35.86%.

The median household income in Hempstead, New York is $122,342. The median household income for the surrounding county is $126,576 compared to the national median of $69,021. The median age of people living in Hempstead is 40.5 years.

Hempstead Weather

The average high temperature in July is 82.2 degrees, with an average low temperature in January of 25.2 degrees. The average rainfall is approximately 45.2 inches per year, with 22.8 inches of snow per year.

Hempstead Real Estate Market Conditions

  • Median sales price

    $604,000
    12.7% change since last quarter
  • # Active listings

    73
    30-day change

Hempstead Schools and Demographics

Education near Hempstead, NY

Metric City County
High School Graduates 90.47 91.7
College Degree - 2 year 8.58 7.96
College Degree - 4 year 42.18 47.48
Graduate Degree 13.3 14.94
Expenditures per Student 31,321 31,321
Students per Teacher 12.1 12.1

Elementary Schools near Hempstead, NY

School Grades Students P/T Ratio ZIP
Academy Charter School KG - 07 674 17.3 11550
Barack Obama Elementary School 01 - 05 506 18.7 11550
Barnum Woods School KG - 05 718 17.1 11554
California Avenue Elementary School KG - 05 793 12.8 11553
David Paterson School 01 - 05 511 18.9 11550
Evergreen Charter School KG - 05 298 11.9 11550
Franklin School 01 - 06 774 19.4 11550
Front Street Elementary School 01 - 05 378 18.8 11550
Hemlock School KG - 01 182 18.6 11530
Homestead School KG - 01 191 19.5 11530
Jackson Annex School 01 - 05 450 23.7 11550
Jackson Main Elementary School 01 - 05 440 18.3 11550
Locust School KG - 01 128 12.2 11530
Marshall School PK - KG 335 30.4 11550
McVey Elementary School KG - 05 655 15.6 11554
Meadowbrook Elementary School KG - 05 430 15.1 11554
Northern Parkway Elementary School KG - 05 760 12.7 11553
Parkway School KG - 05 488 17.4 11554
Prospect Elementary School KG - KG 493 13.9 11550
Smith Street Elementary School KG - 05 434 11.4 11553
Stewart Manor School PK - 06 373 14.9 11530
Stewart School 02 - 05 619 14.4 11530
Stratford Avenue School 02 - 05 595 15.3 11530
Walnut Street Elementary School KG - 05 604 13.4 11553
William S Covert School KG - 05 314 12.1 11550

Middle Schools near Hempstead, NY

School Grades Students P/T Ratio ZIP
Alverta B Gray Schultz Middle School 06 - 09 1,513 17 11550
Garden City Middle School 06 - 08 982 12.6 11530
Lawrence Road Middle School 06 - 08 732 11.1 11550
Turtle Hook Middle School 06 - 08 774 10.9 11553
Woodland Middle School 06 - 08 1,084 12.4 11554

High Schools near Hempstead, NY

School Grades Students P/T Ratio ZIP
East Meadow High School 09 - 12 1,621 12.9 11554
Garden City High School 09 - 12 1,187 12.2 11530
Hempstead High School 09 - 12 2,226 19.2 11550
Uniondale High School 09 - 12 2,220 14.5 11553

Ungraded Schools near Hempstead, NY

School Grades Students P/T Ratio ZIP
Nassau Boces KG - 12 1,581 18.3 11530

Demographics near Hempstead, NY

Metric City County
Neighborhood Type Inner City
Population 791,018 1,391,678
Population Density 6,670 4,890
Median Age 40.5 41.8
People per Household 3.1 3
Median Household Income 122,342 126,576
Average Income per Capita 49,182 55,763