Legal Two-Family
New
For Sale
$769,000
25 Webb Avenue, Hempstead, NY 11550
MULTI_FAMILY - Hempstead, NY
Property Size1,474 SF
Lot Size0.09 Acres
Price / SF$521.71
Days on Market5
Property Features for 25 Webb Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 1, Basement, Bedroom 2
Parking
4
Parking features
Garage, Driveway
Interior features
First Floor Bedroom, First Floor Full Bath
Basement
Full
Elementary school
Barack Obama Elemen School
Middle school
Alverta B Gray Schultz Middle Sch
High school
Hempstead High School
Elementary school district
Hempstead
Middle school district
Hempstead
High school district
Hempstead
Standard status
Active
APN
2013-34-203-00-0347-0
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
7487
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Window Unit(s), Wall/Window Unit(s)
Water source
Public
Building Details
Year built
1925
Number of units
2
Building materials
Frame
Listing Agency:
Telemundo Realty Corp
(718) 205-3737
Listed By:
Nelson G. Cardona
(347) 285-3074
Added: Jul 29
Changed: Jul 30
Last Checked: Aug 2 at 10:06AM
MLS# 1032512
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 home offers two residential units within a well-maintained structure. The property includes two full bathrooms and a full basement, along with a detached two-car garage. A private driveway provides parking for additional vehicles.
The home is located on a 40' x 100' lot in Hempstead, in a convenient residential neighborhood. Public remarks note proximity to shopping, restaurants, parks, schools, public transportation, and major highways.
The configuration supports a straightforward two-unit setup, with on-site parking provided by the detached garage and private driveway.
The home is located on a 40' x 100' lot in Hempstead, in a convenient residential neighborhood. Public remarks note proximity to shopping, restaurants, parks, schools, public transportation, and major highways.
The configuration supports a straightforward two-unit setup, with on-site parking provided by the detached garage and private driveway.
Key Highlights
- Legal 2‑family home in Hempstead with approximately 1,474 SF of living space
- 2 full bathrooms plus first‑floor bedroom and first‑floor full bath
- Full basement and natural gas heating
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $42.5k | $28.80 |
| − Vacancy | −$2.3k | −$1.58 |
| EGI | $40.1k | $27.22 |
| − OpEx | −$12.0k | −$8.16 |
| NOI | $28.1k | $19.05 |
1,474 SF · lease $28.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$401.2K
$351.0K – $468.0K
NOI $28,081 @ 7.0% cap · market cap 3.65%
Second Best
Apartment 5plus
$375.6K
$328.7K – $438.2K
NOI $26,292 @ 7.0% cap · market cap 3.42%
Theoretical Best
Specialty Retail
$974.6K
$852.8K – $1.14M
NOI $68,220 @ 7.0% cap · market cap 8.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,649
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained two-family residence with two full bathrooms, full basement, detached two-car garage, and private driveway.
Where is this duplex located?
The property is located at 25 Webb Avenue Hempstead, NY.
What is the asking price?
The asking price for this property is $769,000.
What are key features of this property?
This property features: Legal 2‑family home in Hempstead with approximately 1,474 SF of living space; 2 full bathrooms plus first‑floor bedroom and first‑floor full bath; Full basement and natural gas heating
