Renovated Hempstead Apartment
For Sale
Contact for pricing
54 Greenwich St, Hempstead, NY 11550
Fully occupied apartment building with recent renovations and upgrades.
Property SizeContact for details
Days on Market186
Property Features for 54 Greenwich St
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
100%
Amenities
The subject property rests on a 0.74-acre parcel with approximately +/- 63,812 square feet of space.
The property consists of 65 apartments.
The Hempstead LIRR station provides direct service to Penn Station and Grand Central Madison, enhancing commuter appeal and supporting sustained occupancy.
Building Details
Units
65
Listed By:
Mike Tuccillo · License #License(s): NY: 10301217094, NY: 10491208938
(212) 430-5196
Source:
Marcusmillichap
Added: Mar 26
Changed: Sep 7
Last Checked: Sep 26 at 3:41AM
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 Mike Tuccillo
Investment Insights
Based on property information with market context.
This fully occupied apartment building has undergone several recent renovations and upgrades. In 2023, brick pointing and parapet work were completed. New meter banks and a main breaker box were installed in 2021. Thirty percent of the units have been gut renovated. Additional improvements include new basement windows, renovated common areas, hallways, and stairwells, as well as a renovated entrance and courtyard. A new surveillance system has been installed. The building features a mix of units, including sixteen studio apartments, forty-two one-bedroom apartments, and seven two-bedroom apartments. All apartments are oversized. The property has a clean environmental record and demonstrates 100% rent collection.
Key Highlights
- 100% Occupied with 100% Rent Collection
- Attractive Mix of Studio, 1‑Bedroom, and 2‑Bedroom Oversized Apartments
- 30% of Units Gut Renovated
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,761
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied apartment building with recent renovations and upgrades.
Where is this apartment building located?
The property is located at 54 Greenwich St Hempstead, NY.
What are key features of this property?
This property features: 100% Occupied with 100% Rent Collection; Attractive Mix of Studio, 1‑Bedroom, and 2‑Bedroom Oversized Apartments; 30% of Units Gut Renovated
