Open House:
Thursday, 11/7 2:00-4:30PM
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
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!
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.
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.
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.
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.