Hempstead Multifamily Investment
22 Virginia Avenue, Hempstead, NY 11550
- Added:
- Mar 25, 2026
- Days on Market:
- 50
- Last Refresh:
- May 13 at 1:06 am
Property Features for 22 Virginia Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bedroom 6, Bedroom 4, Bathroom 3, Bedroom 7, Bedroom 2, Bathroom 1, Bathroom 4, Bedroom 1, Bathroom 2, Bedroom 8, Bedroom 3, Basement, Bedroom 5
- Parking features
- On Street
- Interior features
- First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen
- Basement
- Unfinished, Full
- Standard status
- Active
- APN
- 2013-36-055-00-0089-0
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 30388
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Water source
- Public
Building Details
- Year built
- 1950
- Number of units
- 4
- Building materials
- Brick
Listing agent Lisa M. Reed CBR SRS ABR (516) 428-5031
Listing office Howard Hanna Coach 150 Tulip Ave, Northport, NY (516) 352-7333
Listing date Mar 25, 2026
MLS# 975906
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.
HighLights
- High Annual Rental Income: $106,200 provides a strong return on investment.
- Four Two‑Bedroom Apartments: All currently leased, ensuring immediate and consistent cash flow.
- Recent Renovations: Three units renovated between 2022 and 2024 offer modern appeal to tenants.
- Upgraded Utilities: Separate gas and electric meters, heating systems, and hot water heaters (all updated within the past five years) reduce maintenance concerns.
- New Roof: Installed 3 years ago, providing long‑term protection and value.
- Convenient Location: Minutes from Southern State Parkway, Mercy Hospital, and local schools, enhancing tenant desirability.
Overview
This tenant-occupied property is located minutes from the Southern State Parkway, Mercy Hospital, and local schools. The building features four two-bedroom apartments, all currently leased. Three of the units have been renovated between 2022 and 2024. A new roof was installed 3 years ago. Upgraded utilities include four separate gas and electric meters, heating systems, and hot water heaters, all updated within the past five years. Street parking is available. The property is located in Hempstead, NY. The lot size is 0.0918 acres. The annual rental income is $106,200. Property taxes are $30,388, including Hempstead Village taxes of $12,564. Insurance costs $3,600, and water costs $900.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Hempstead
- County
- Nassau
- State
- New York
- Longitude
- -73.629047
- Latitude
- 40.694402
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Tenant-occupied four-unit property with recent renovations and updated utilities.
Where is this quadplex located?
The property is located at 22 Virginia Avenue Hempstead, NY.
What is the asking price?
The asking price for this property is $1,399,999.
What are key features of this property?
This property features: High Annual Rental Income: $106,200 provides a strong return on investment.; Four Two‑Bedroom Apartments: All currently leased, ensuring immediate and consistent cash flow.; Recent Renovations: Three units renovated between 2022 and 2024 offer modern appeal to tenants.
