Listing Agency: Select Real Equity Advisors

Listed By: Hunter DeLuca · License #10401304644

Source: Crexi

Added: Apr 11 Changed: Aug 8 Last Checked: Aug 7 at 9:43AM

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Investment Insights

Based on property information with market context.

This six-unit apartment building consists entirely of 2-bedroom units. The property is offered for sale, and the public remarks note that potential seller financing may be available.

The asset is located at 31 Miller Pl, Hempstead, NY 11550.

Key Highlights

• 6‑unit apartment building with all 2‑bedroom units
• Potential seller financing available

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Parking Lot & Garage Skin Care Clinic Furniture & Home Goods Kitchen & Bath Showroom

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

6

Residential units

Location Intelligence

Trade Area within ½ mile

2,073

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Apartment building - Six-unit multifamily building featuring all 2-bedroom apartments, with potential seller financing available.

Where is this apartment building located?

The property is located at 31 Miller Pl Hempstead, NY.

What are key features of this property?

This property features: 6‑unit apartment building with all 2‑bedroom units; Potential seller financing available