533 Greenwich St Hempstead, NY 11550

Building Details

Year Built

2021

Listing Agency Douglas Elliman j***@elliman.com Show Phone

Listed by Jessica Hollenstein · License #10401265478 Show Phone

Source Elliman

Added: Apr 15 Checked: Jul 16 at 7:35 pm

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Investment Insights

Based on property information with market context.

Constructed in 2024, this 12-unit apartment building includes an elevator and presents a turnkey opportunity for investors. The property features three 3-bedroom/2-bath apartments and nine 2-bedroom/1-bath apartments. All units are designed with modern layouts and include in-unit laundry, granite countertops, stainless steel appliances, energy-efficient heating and cooling systems, and smart entry features. The building provides 19 gated parking spaces, offering convenience for tenants. The building is fully occupied with market-rate rents. As a new construction property, minimal repairs or major capital expenses are anticipated, allowing for predictable income and easier management. The location has a bike score of 52, indicating it is bikeable, a walk score of 82, indicating it is very walkable, and a transit score of 37, indicating some transit options are available. This property is positioned for long-term value growth.

Key Highlights

• New construction (built in 2021) minimizes repairs.
• Turnkey 12‑unit apartment building with elevator.
• Fully occupied with market‑rate rents, providing steady cash flow.

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FAQs

What type of property is this?

Apartment building - Turnkey 12-unit apartment building built in 2024 with elevator.

Where is this apartment building located?

The property is located at 533 Greenwich St Hempstead, NY.

What is the asking price?

The asking price for this property is $7,300,000.

What are key features of this property?

This property features: New construction (built in 2021) minimizes repairs.; Turnkey 12‑unit apartment building with elevator.; Fully occupied with market‑rate rents, providing steady cash flow.