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Updated Two-Family Colonial
New
For Sale
$949,000

29 Elm Avenue, Hempstead, NY 11550

Residential Income, Hempstead, NY

Property SizeContact for details
Lot Size0.23 Acres
Days on Market3

Property Features for 29 Elm Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 5
Full bathrooms 5
Rooms Bathroom 4, Bedroom 3, Bedroom 4, Basement, Bathroom 3, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 5
Parking features Driveway, Oversize
Interior features First Floor Bedroom, First Floor Full Bath, Cathedral Ceiling(s)
Exterior features Awning(s)
Basement Walk-Out Access, Full, Finished
Lot features Back Yard, Cleared
Elementary school Joseph McNeil School
Middle school Alverta B Gray Schultz Middle Sch
High school Hempstead High School
Elementary school district Hempstead
Middle school district Hempstead
High school district Hempstead
Standard status Active
APN 2013-34-377-00-0132-0
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 15200

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Natural Gas, Baseboard
Cooling system Window Unit(s), Wall/Window Unit(s)
Water source Public

Amenities

private driveway
backyard

Building Details

Year built 1908
Number of units 2
Flooring type Hardwood
Building materials Vinyl Siding
Architectural style Colonial
Listing Agency: Signature Premier Properties
Listed By: Jonathan Riechert
Added: Sep 17 Changed: Sep 19 Last Checked: Sep 19 at 8:06AM
MLS# 1052710

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This legal two-family Colonial at 29 Elm Avenue includes 4 bedrooms and 5 bathrooms across a configuration designed for separate household access. Two front entrances and independent gas and electric meters support distinct occupancy arrangements. The 1908 residence features vinyl siding, refinished hardwood flooring, a high-efficiency Navien natural-gas heating system, and upgraded 200-amp electrical service. Interior details include a first-floor bedroom, first-floor full bathroom, basement, and cathedral ceiling(s).

The property occupies 0.2296 acres in Hempstead, Nassau County, with an extended oversized driveway providing off-street parking. An expansive backyard adds usable outdoor space. Public water and public sewer serve the property, while cable is available. Cooling is provided by window or wall/window units, and the home retains its Colonial architectural style.

Key Highlights

  • Legal two‑family Colonial with 4 bedrooms and 5 bathrooms
  • Two separate front entrances plus separate gas and electric meters
  • 0.2296‑acre lot with extended oversized driveway and off‑street parking

Property Analytics

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Current Use

Nature Works Group ... Plumbing Service

Suggested Use

Top Pick Real Estate Agency Gym & Fitness Center (Bike/Boat/Book/etc) Store Pet Grooming Service Veterinary Clinic Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,109
Businesses Nearby

Demographics for 11550, NY

61,901
Population
19,579
Households
3.2
Avg Household Size
36
Median Age
21%
College-Educated
77%
High-School Grad
4.2 sq mi
ZIP Area
14,738
Density / Sq Mi
$86,904
Median Household Income
$40,662
Median Earnings
$1,647
Median Rent
$446,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Legal duplex with separate entrances, metering, off-street parking, and updated building systems.
Where is this duplex located?
The property is located at 29 Elm Avenue Hempstead, NY.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: Legal two‑family Colonial with 4 bedrooms and 5 bathrooms; Two separate front entrances plus separate gas and electric meters; 0.2296‑acre lot with extended oversized driveway and off‑street parking
More about this property
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