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Hempstead Two-Family Investment Opportunity

3840 Linden Place Hempstead, NY 11550

3840 Linden Place, Hempstead, NY, 11550
$500,000
Pending
For Sale
$500,000
Pending

MULTI_FAMILY - Ranch - Hempstead, NY

Lot Size0.11 Acres
Days on Market186

Property Features for 3840 Linden Place

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
7
Bathrooms
2
Rooms
Bedroom 4, Bedroom 5, Bathroom 1, Bedroom 6, Bathroom 2, Bedroom 3, Basement, Bedroom 1, Bedroom 2, Bedroom 7
Parking
3
Parking features
Driveway
Interior features
First Floor Bedroom, First Floor Full Bath
Basement
Full, Finished
Standard status
Pending
APN
2013-34-384-00-0215-0
Lot size
0.11 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
17747

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Natural Gas
Water source
Public

Building Details

Year built
1962
Number of units
2
Flooring type
Hardwood, Carpet
Building materials
Frame
Architectural style
Ranch
Listing Agency Coldwell Banker American Homes
493 Atlantic Ave, East Meadow, NY
Listed by John C. Gandolfo · License #30GA0946823
Added: Jan 12 Checked: Jul 17 at 11:06 pm
MLS# 951139 Listing URL

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, high-ranch style home presents a great investment opportunity in a prime location. The property features a seven-bedroom layout. The first floor includes an open living/dining area, an eat-in kitchen, three bedrooms, and one full bathroom, along with access to a full finished basement with dedicated laundry and utility space. The second floor offers a large living/dining area, an eat-in kitchen, four bedrooms, and one full bathroom. Both units are Section 8 approved with reliable rental history. The property has two separate meters for gas and two separate meters for electric, along with two boilers and two hot water heaters. Additional features include hardwood floors throughout and a four-car driveway, plus ample street parking. Unit 1 rents for $2,550 per month, with a voucher renewal on 5/1/2026 and a 5% increase to $2,677.50. Unit 2 rents for $2,739 per month, with a voucher renewal on 2/1/2026. The home will be delivered with existing tenants, and leases will transfer to the new buyer. The property is located in Hempstead, NY, in Nassau County, on a lot of 0.1148 acres.

Key Highlights

  • Legal two‑family high‑ranch with 7 bedrooms total, ranch style, and frame construction
  • First floor: open living/dining, eat‑in kitchen, 3 bedrooms, 1 full bath; access to a full finished basement with dedicated laundry and utility space
  • Second floor: large living/dining, eat‑in kitchen, 4 bedrooms, and 1 full bath

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Spa & Massage Center Building Supply Dental Office Hair Salon Parking Lot & Garage HVAC Service Auto Parts Store Barber Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Legal two-family home with reliable rental history and separate utilities.
Where is this duplex located?
The property is located at 3840 Linden Place Hempstead, NY.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Legal two‑family high‑ranch with 7 bedrooms total, ranch style, and frame construction; First floor: open living/dining, eat‑in kitchen, 3 bedrooms, 1 full bath; access to a full finished basement with dedicated laundry and utility space; Second floor: large living/dining, eat‑in kitchen, 4 bedrooms, and 1 full bath
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