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Two-Unit Duplex with Garage
For Sale
$699,999

25 Webb Avenue, Hempstead, NY 11550

Residential Income, Hempstead, NY

Property Size1,474 SF
Lot Size0.09 Acres
Price / SF$474.90
Days on Market70

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 2, Bedroom 3, Bedroom 1, Bathroom 2, Bathroom 1, Basement, Bedroom 4
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

Amenities

full basement

Building Details

Year built 1925
Number of units 2
Building materials Frame
Listing Agency: Telemundo Realty Corp
Listed By: Nelson G. Cardona
Added: Jul 29 Changed: Oct 5 Last Checked: Oct 6 at 4:06PM
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 two-unit duplex, built in 1925, provides approximately 1,474 square feet of living space across two residential units. The property includes 2 full bathrooms, a full basement, first-floor bedroom and full-bath features, frame construction, and natural-gas heating. Cooling is provided by wall or window units.

The home sits on a 40' x 100' lot at 25 Webb Avenue in Hempstead. A detached 2-car garage and private driveway accommodate additional parking. Public water and public sewer serve the property, which is located near shopping, restaurants, parks, schools, public transportation, and major highways.

Key Highlights

  • Two residential units with approximately 1,474 square feet of living space
  • Detached 2‑car garage plus private driveway parking for 3 additional cars
  • 2 full bathrooms and a full basement

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,081
Cap Rate
4.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$561,620 $561.6K
Cap Rate 7%
$401,157 $401.2K
Cap Rate 9%
$312,011 $312.0K
Market Conditions
NOI Build-Up for 1,474 SF
Gross rent
$42.5K $28.80/SF
− Vacancy
−$2.3K −$1.58/SF
EGI
$40.1K $27.22/SF
− OpEx
−$12.0K −$8.16/SF
NOI
$28.1K $19.05/SF
Area
Nassau County, NY
Vacancy
5.50%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$561,620
Cap Rate 7%
$401,157
Cap Rate 9%
$312,011

Alternative Uses

Best Use
Multifamily LT 5
$401.2K
$351.0K – $468.0K (±1% cap)
NOI $28,081 @ 7.0% cap · market cap 4.01%
Second Best
Apartment 5plus
$375.6K
$328.7K – $438.2K (±1% cap)
NOI $26,292 @ 7.0% cap · market cap 3.76%
Theoretical Best
Specialty Retail
$974.6K
$852.8K – $1.14M (±1% cap)
NOI $68,220 @ 7.0% cap · market cap 9.75%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Alexisbydsign llc Law Firm

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Gym & Fitness Center Catering Service Butcher Pet Store

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

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,649
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units include a full basement, detached 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 $699,999.
What are key features of this property?
This property features: Two residential units with approximately 1,474 square feet of living space; Detached 2‑car garage plus private driveway parking for 3 additional cars; 2 full bathrooms and a full basement
More about this property
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