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Legal Two-Family Colonial with Driveway
For Sale
$879,000
Pending

29 Elm Avenue, Hempstead, NY 11550

MULTI_FAMILY - Colonial - Hempstead, NY

Property SizeContact for details
Lot Size0.23 Acres
Days on Market63

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, Basement, Bedroom 3, Bathroom 5, Bathroom 3, Bedroom 1, Bedroom 4, Bathroom 2, Bedroom 2, Bathroom 1
Parking features Oversize, Driveway
Interior features First Floor Bedroom, First Floor Full Bath, Cathedral Ceiling(s)
Exterior features Awning(s)
Basement Finished, Full, Walk-Out Access
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 Pending
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 Baseboard, Natural Gas
Cooling system Window Unit(s), Wall/Window Unit(s)
Water source Public

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: Jun 3 Changed: Aug 1 Last Checked: Aug 4 at 5:06AM
MLS# 1007868

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.

29 Elm Avenue is a legal two-family Colonial built in 1908, offering a flexible layout with two separate front entrances. The property includes separate gas and electric meters, supporting convenient ownership and day-to-day management.

Recent improvements include brand-new vinyl siding, refinished hardwood floors, and a high-efficiency Navien gas heating system. Electrical has also been upgraded with 200-amp service. Interior features include first-floor bedroom and first-floor full bath space, with cathedral ceiling(s), and exterior amenities include awning(s). The home is served by public water and public sewer.

The property sits on a 0.2296-acre lot and offers an extended private driveway with ample off-street parking, along with an expansive backyard for outdoor space. Heating includes baseboard and natural gas, and cooling is provided by window and wall/window unit(s). Cable is available.

Key Highlights

  • Legal two‑family Colonial with two separate front entrances and separate gas and electric meters
  • Brand‑new vinyl siding and 200‑amp electrical service with high‑efficiency Navien gas heating
  • Refinished hardwood floors and cathedral ceiling(s), plus first‑floor bedroom and first‑floor full bath

Property Analytics

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

Multi-tenant
Tenancy
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

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - Turnkey two-family Colonial with updated exterior, separate entrances, and an extended private driveway with off-street parking.
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 $879,000.
What are key features of this property?
This property features: Legal two‑family Colonial with two separate front entrances and separate gas and electric meters; Brand‑new vinyl siding and 200‑amp electrical service with high‑efficiency Navien gas heating; Refinished hardwood floors and cathedral ceiling(s), plus first‑floor bedroom and first‑floor full bath
More about this property
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