West Hempstead, NY Apartment buildings for sale

$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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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.

Opportunities in Nearby Cities

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

$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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$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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$235,000

1.35 Acres

Spacious Freeport Co-op Apartment

Bright one-bedroom co-op with updated features and amenities.

194 Smith St 3P, Freeport, NY 11520

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$198,000

1.16 Acres

Spacious One Bedroom Apartment

One-bedroom apartment in quiet building near transportation and amenities.

100 S Ocean Ave 3m, Freeport, NY 11520

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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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$250,000

0.23 Acres

La Plata Land For Sale

0.23 acre parcel in La Plata, zoned CB.

107 HOWARD Street, La Plata, MD 20646

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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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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.

APARTMENT HOUSE (5+ UNITS)

11,098 SF Lot: 0.82 Acres

Estimated value

$3,570,000

227 Chestnut St, West Hempstead, NY 11552-2416

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APARTMENT HOUSE (5+ UNITS)

6,336 SF Lot: 0.89 Acres

Estimated value

$2,525,000

191 Woodfield Rd, West Hempstead, NY 11552-2541

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APARTMENT HOUSE (UNDER 5 UNITS)

1,040 SF Lot: 0.05 Acres

Estimated value

$620,000

292 Hempstead Ave, West Hempstead, NY 11552-2039

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APARTMENT HOUSE (5+ UNITS)

1,624 SF Lot: 0.23 Acres

Estimated value

$840,000

26 Stratford Rd, West Hempstead, NY 11552-1700

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HIGH-RISE APARTMENTS

44,922 SF Lot: 2.73 Acres

Estimated value

$37,015,000

130 Hempstead Ave, West Hempstead, NY 11552-2115

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APARTMENT HOUSE (5+ UNITS)

1,140 SF Lot: 0.05 Acres

Estimated value

$770,000

680 Woodfield Rd, West Hempstead, NY 11552-3245

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APARTMENT HOUSE (5+ UNITS)

2,880 SF Lot: 0.25 Acres

Estimated value

$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.