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Legal Two-Family Duplex
For Sale
$895,000

485 Peninsula Blvd, Hempstead, NY 11550

Two residential units feature independent access and complementary layouts, including a deck, sunroom, porch, and basement.

Property SizeContact for details
Days on Market16

Property Features for 485 Peninsula Blvd

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Residential Income

Units

Unit Mix 2 x 2BR
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $16,210

Amenities

private deck
sunroom
closed off front porch
Listing Agency: Serhant LLC
Listed By: James Kogut
Source: Exprealty
Added: Aug 7 Changed: Aug 21 Last Checked: Aug 21 at 4:59AM

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 Serhant LLC

Investment Insights

Based on property information with market context.

This legal two-family duplex in the Hewlett-Woodmere school district contains two separate residential units with independent entrances. The property offers four bedrooms and two bathrooms overall, along with a detached two-car garage.

The upper residence has two bedrooms and was fully renovated two years ago. It also includes a private deck. The lower two-bedroom unit features a sunroom, an enclosed front porch, and a full-footprint basement with good ceiling height. Basement areas are currently arranged as a workshop, dark room, laundry room, and storage space.

Key Highlights

  • Legal two‑family duplex with separate entrances for the residential units
  • Four bedrooms and two bathrooms overall
  • Upper two‑bedroom unit renovated two years ago with a private deck

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Hotel & Motel Nursing Home Pet Store (Bike/Boat/Book/etc) Store Pet Store & Service Bed & Breakfast

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

Location Intelligence

Trade Area within ½ mile

1,065
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units feature independent access and complementary layouts, including a deck, sunroom, porch, and basement.
Where is this duplex located?
The property is located at 485 Peninsula Blvd Hempstead, NY.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Legal two‑family duplex with separate entrances for the residential units; Four bedrooms and two bathrooms overall; Upper two‑bedroom unit renovated two years ago with a private deck
More about this property
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