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West Hempstead, NY Apartment Buildings for Sale

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Income-Generating Mixed-Use Property
$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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New Construction Apartment Building
$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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Renovated Hempstead Apartment Building
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 18 Potential Opportunities for your consideration. Besides 3 Active listings in West Hempstead, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 7 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

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

Renovated Multifamily Property in Little Neck
$1,999,000
0.24 Acres

Renovated Multifamily Property in Little Neck

Meticulously renovated multifamily property in a desirable Little Neck location.

4320 Hamilton Place, Little Neck, NY 11363
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Approved Condo Project in Lynbrook
$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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Approved Condo Project with Foundation
$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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Mixed-Use Building in Little Neck
$2,800,000
4,669 SF

Mixed-Use Building in Little Neck

Two-story mixed-use building with basement, suitable for investment.

46-21 Little Neck Parkway, Little Neck, NY 11362
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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
0.10 Acres

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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Wilkes Barre Land Opportunity
$130,000
0.43 Acres

Wilkes Barre Land Opportunity

Land available for multi-unit development near university and transportation.

320 N Main Street, Wilkes Barre, PA 18702
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Land Near Shepherd University
$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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Explore Off-Market Properties in West Hempstead, NY

Consider similar Off-Market properties in West 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.

227 Chestnut St

227 Chestnut St

APARTMENT HOUSE (5+ UNITS) • 11,098 SF
Value Estimation
$3,570,000
227 Chestnut St, West Hempstead, NY 11552-2416
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191 Woodfield Rd

191 Woodfield Rd

APARTMENT HOUSE (5+ UNITS) • 6,336 SF
Value Estimation
$2,525,000
191 Woodfield Rd, West Hempstead, NY 11552-2541
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292 Hempstead Ave

292 Hempstead Ave

APARTMENT HOUSE (UNDER 5 UNITS) • 1,040 SF
Value Estimation
$620,000
292 Hempstead Ave, West Hempstead, NY 11552-2039
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26 Stratford Rd

26 Stratford Rd

APARTMENT HOUSE (5+ UNITS) • 1,624 SF
Value Estimation
$840,000
26 Stratford Rd, West Hempstead, NY 11552-1700
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130 Hempstead Ave

130 Hempstead Ave

HIGH-RISE APARTMENTS • 44,922 SF
Value Estimation
$37,015,000
130 Hempstead Ave, West Hempstead, NY 11552-2115
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680 Woodfield Rd

680 Woodfield Rd

APARTMENT HOUSE (5+ UNITS) • 1,140 SF
Value Estimation
$770,000
680 Woodfield Rd, West Hempstead, NY 11552-3245
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505-507 Hempstead Tpke

505-507 Hempstead Tpke

APARTMENT HOUSE (5+ UNITS) • 2,880 SF
Value Estimation
$1,350,000
505-507 Hempstead Tpke, West Hempstead, NY 11552
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West Hempstead, NY Apartment Buildings Investment Opportunities Market Analysis

Explore 10 apartment buildings for sale in West 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 West 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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Operating Costs & Financing

Average Loan-to-Value is 65.0%.

Avg Loan-to-Value 65.0%

New Listings Trend, 12 Mo

Number of new listings by month over the past year in West Hempstead.

West Hempstead Demographics Overview

Population 26K
Population Growth (5Y) +3.5%
Median Household Income $153,192
College Educated 68.9%

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