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Fully Occupied Quadplex
New
For Sale
$1,299,999

22 Virginia Ave, Hempstead, NY 11550

Income-producing multifamily property with full occupancy and convenient access to transportation, healthcare, schools, shopping, and dining.

Property SizeContact for details
Days on Market2

Property Features for 22 Virginia Ave

General Information

Standard status Active
Property subtype Multi Family
Occupancy 100%

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 4
Listing Agency: Fillmore R.E - 2990 Avenue U
Listed By: Lionel Bonhomme, Jr.
Source: Elliman
Added: Aug 11 Changed: Aug 12 Last Checked: Aug 12 at 4:12AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fillmore R.E - 2990 Avenue U

Investment Insights

Based on property information with market context.

This four-unit multifamily property is fully occupied and includes 8 bedrooms and 4 baths. The asset is identified as a quadplex and is offered for sale as an income-producing residential property. The property is not subject to rent control or a rent freeze.

Located near the Southern State Parkway, Mercy Hospital, schools, shopping, dining, and public transportation, the property combines residential occupancy with access to established daily-use destinations. Walk Score is 83, rated Very Walkable; Bike Score is 58, rated Bikeable; and Transit Score is 47, rated Some Transit.

Key Highlights

  • Fully occupied quadplex with 8 bedrooms and 4 baths
  • Not subject to rent control or a rent freeze
  • Near the Southern State Parkway and Mercy Hospital

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Gym & Fitness Center Cafe & Coffee Shop Parking Lot & Garage 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

4
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

835
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
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Frequently Asked Questions

What type of property is this?
Quadplex - Income-producing multifamily property with full occupancy and convenient access to transportation, healthcare, schools, shopping, and dining.
Where is this quadplex located?
The property is located at 22 Virginia Ave Hempstead, NY.
What is the asking price?
The asking price for this property is $1,299,999.
What are key features of this property?
This property features: Fully occupied quadplex with 8 bedrooms and 4 baths; Not subject to rent control or a rent freeze; Near the Southern State Parkway and Mercy Hospital
More about this property
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