Hempstead, NY Apartment Buildings for Sale

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Garden City, NY Franklin Square, NY Westbury, NY

$925,000

0.07 Acres

Income-Generating Mixed-Use Property

171 S Franklin Street, Hempstead, NY 11550

Commercial property with storefront, apartments, and income potential.

Excellent 7.5% Cap Rate with Upside at $975,000 Asking Price
Income‑Generating Property featuring a Double Storefront and Two Apartments
Strong Rental Income: $3,952 (deli/grocery), $2,060 (2‑bed), $2,700 (3‑bed)
New Roof with Warranty and Upgraded 200‑amp Electric
Prime Corner Location across from New Developments and Near Transportation

Updated: Sep 11, 2025

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$7,300,000

New Construction Apartment Building

533 Greenwich St, Hempstead, NY 11550

Turnkey 12-unit apartment building built in 2024 with elevator.

New construction (built in 2021) minimizes repairs.
Turnkey 12‑unit apartment building with elevator.
Fully occupied with market‑rate rents, providing steady cash flow.
Attractive mix of spacious 3‑bedroom/2‑bath and 2‑bedroom/1‑bath apartments.
Modern layouts with in‑unit laundry, granite countertops, and stainless steel appliances.

Updated: Apr 15

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Contact for pricing

Renovated Hempstead Apartment Building

Fully occupied apartment building with recent renovations and upgrades.

54 Greenwich St, Hempstead, NY 11550

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Based on your search, we've compiled 134 Potential Opportunities for your consideration. Besides 3 Active listings in Hempstead, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 123 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Queens Village Multifamily Investment Property

$1,500,000

1,440 SF

Queens Village Multifamily Investment Property

Fully rented, renovated four-family house in Queens Village.

99-02 212th Street, Queens, NY 11429

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$1,250,000

0.43 Acres

Approved Condo Project with Foundation

Approved six-unit condo project with foundation in place.

33 Park Pl, Lynbrook, NY 11563

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$1,250,000

0.43 Acres

Approved Condo Project in Lynbrook

Approved 6-unit condo project with foundation in place in Lynbrook.

33 Park Place, Lynbrook, NY 11563

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Mixed-Use Building with Retail & Offices

$1,499,000

3,175 SF

Mixed-Use Building with Retail & Offices

Mixed-use building featuring retail, offices, and apartments.

214-55 Jamaica Ave, Queens, NY 11428

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Brooklyn Two-Family Home with Development Potential

$1,888,888

2,660 SF

Brooklyn Two-Family Home with Development Potential

Two-family home on a large lot with significant development potential.

69 Martense Street, Brooklyn, NY 11226

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$650,000

3.70 Acres

Land Near Shepherd University

Prime land near Shepherd University with development potential.

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

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Multifamily Development Opportunity in Charlotte

$559,700

0.47 Acres

Multifamily Development Opportunity in Charlotte

Prime 0.47-acre parcel zoned for multifamily development near UNC Charlotte.

4312 Tantilla Circle, Charlotte, NC 28215

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$2,500,000

5.94 Acres

Asheville Development Opportunity: 5.94 Acres

5.94-acre parcel zoned RM6, ideal for multi-family development.

215 N Bear Creek Road, Asheville, NC 28806

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Off-Market Properties in Hempstead, NY

Consider similar Off-Market properties in Hempstead, NY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

APARTMENT HOUSE (5+ UNITS) • 3,106 SF

Value Estimation by Request

Martin Luther King Dr, Hempstead, NY 11550

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Martin Luther King Dr

APARTMENT HOUSE (5+ UNITS) • 2,798 SF

Value Estimation by Request

Martin Luther King Dr, Hempstead, NY 11550

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Martin Luther King Dr

APARTMENT HOUSE (5+ UNITS) • 351 SF

Value Estimation by Request

Martin Luther King Dr, Hempstead, NY 11550

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APARTMENT HOUSE (5+ UNITS) • 7,740 SF

Value Estimation

$3,115,000

255 Fulton Ave, Hempstead, NY 11550-3945

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Hempstead, NY Apartment Buildings Investment Opportunities Market Analysis

Explore 126 apartment buildings for sale in Hempstead, NY, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $8,225,000.

Sale prices for two-family homes in Hempstead, NY start at $0.00, averaging $2,741,666, and reaching up to $7,300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Property Size Breakdown

The majority of commercial real estate listings in Hempstead fall within the 25,000 to 50,000 square foot range.

Demographics Overview

Population 63K

Population Growth (5Y) +5.2%

Median Household Income $86,904

College Educated 35.0%

High-Yield Neighborhoods for Strategic Investment

Identify Hempstead submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

Neighborhood	Average Price
11550	$4.1M

Taxes & Financing

Average Loan-to-Value 65.0%

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Hempstead, NY Apartment Buildings for Sale

Income-Generating Mixed-Use Property

Commercial property with storefront, apartments, and income potential.

New Construction Apartment Building

Turnkey 12-unit apartment building built in 2024 with elevator.

Renovated Hempstead Apartment Building

Opportunities in Nearby Cities

Queens Village Multifamily Investment Property

Approved Condo Project with Foundation

Approved Condo Project in Lynbrook

Mixed-Use Building with Retail & Offices

Potential Development Sites for Consideration

Brooklyn Two-Family Home with Development Potential

Land Near Shepherd University

Multifamily Development Opportunity in Charlotte

Asheville Development Opportunity: 5.94 Acres

Off-Market Properties in Hempstead, NY

100 Ter Ave

16 Burr Ave

40-44 Orch St

227 Chestnut St

107 James L L Burrell Ave

91 Franklin St

35 Covert St

108 Grv St

590 Fulton Ave

600 Fulton Ave

Martin Luther King Dr

Martin Luther King Dr

Martin Luther King Dr

299 Franklin St

160 Hilton Ave

17 Maple Ave

191 Woodfield Rd

680 Evelyn Ave

67 Ter Ave

51 Bell St

255 Fulton Ave, Unit B

Hempstead, NY Apartment Buildings Investment Opportunities Market Analysis

Property Size Breakdown

Demographics Overview

High-Yield Neighborhoods for Strategic Investment

Taxes & Financing

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