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New Construction Duplex
For Sale
$799,000
Pending

248 Main Street, Hempstead, NY 11550

Legal two-family residence with separate living areas, kitchens, bedrooms, bathrooms, and dedicated heating and cooling zones.

Property SizeContact for details
Days on Market541

Property Features for 248 Main Street

General Information

Standard status Pending
Property subtype Multi Family

Building Details

Year Built 2024
Listing Agency: Winzone Realty Inc
Listed By: John Ragano · License #10401374807
Source: Exitrealty
Added: Mar 6, 2025 Changed: Aug 29 Last Checked: Aug 29 at 6:05PM

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 Winzone Realty Inc

Investment Insights

Based on property information with market context.

Built in 2024, this Colonial-style duplex is configured as a legal two-family residence. The main level includes a living room, kitchen, two bedrooms, and one full bathroom, while the upper level offers the same arrangement. Both residences have distinct living and cooking areas along with dedicated bedroom and bath space.

The property also includes a full unfinished basement, two driveways, separate heating zones, and central air conditioning. Its location at 248 Main Street places the home close to shops and restaurants in Hempstead.

Key Highlights

  • Legal two‑family residence with separate main- and upper‑level living areas
  • Each level includes a living room, kitchen, 2 bedrooms, and 1 full bathroom
  • Built in 2024 with Colonial‑style architecture

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Hotel & Motel Gym & Fitness Center Storage Facility HVAC 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.

Location Intelligence

Trade Area within ½ mile

2,499
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?
Duplex - Legal two-family residence with separate living areas, kitchens, bedrooms, bathrooms, and dedicated heating and cooling zones.
Where is this duplex located?
The property is located at 248 Main Street Hempstead, NY.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Legal two‑family residence with separate main- and upper‑level living areas; Each level includes a living room, kitchen, 2 bedrooms, and 1 full bathroom; Built in 2024 with Colonial‑style architecture
More about this property
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