Hempstead, NY
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    Hempstead, NY Multifamily Properties for Sale

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    Garden City, NY Franklin Square, NY Westbury, NY
    12 results
    Uniondale Two-Family Investment Opportunity
    $750,000
    1,448 SF

    Uniondale Two-Family Investment Opportunity

    1060 Midland Street, Uniondale, NY 11553

    Well-maintained two-family property with stable rental income in Uniondale.

    • Stable Rental Income: Tenant‑occupied, generating $1750/month through August 1, 2026.
    • Two‑Family Property: Features two separate units, each with 2 bedrooms and 1 full bath.
    • Significant Updates: Includes a fully updated shingle roof (2016), Andersen windows and shutters (2020), and new garage panels (2023).
    • Ample Parking: Detached two‑car garage and a private driveway for up to 6 cars.
    • Separate Utilities: Tenants pay for heat and electric.
    Updated: Feb 25
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    West Hempstead Legal Two-Family Home
    $975,000
    0.23 Acres

    West Hempstead Legal Two-Family Home

    700 Partridge Avenue, West Hempstead, NY 11552

    Legal 2-family home on a large lot with pool.

    • Legal 2‑family property offering income‑generating potential
    • Expansive 100x100 lot featuring a private pool
    • Two units: one with 2 bedrooms/1 bath, the other with 3 bedrooms/1 bath
    • Solar panels for reduced energy costs
    • Unfinished basement with potential for customization
    Updated: Mar 26
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    Hempstead Multifamily Investment Opportunity
    $1,399,999
    0.09 Acres

    Hempstead Multifamily Investment Opportunity

    Tenant-occupied four-unit property with recent renovations and updated utilities.

    22 Virginia Avenue, Hempstead, NY 11550
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    Hempstead Multifamily Investment Opportunity
    $790,000
    0.08 Acres

    Hempstead Multifamily Investment Opportunity

    Four-unit residential property near shopping and transportation in Hempstead, NY.

    77-79 Albermarle Avenue, Hempstead, NY 11550
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    Hempstead Two-Family Investment Opportunity
    $500,000
    0.11 Acres

    Hempstead Two-Family Investment Opportunity

    Legal two-family home with reliable rental history and separate utilities.

    3840 Linden Place, Hempstead, NY 11550
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    Hempstead Multifamily Handyman Special
    $599,000
    0.22 Acres

    Hempstead Multifamily Handyman Special

    Multifamily property in Hempstead, NY, requiring renovation.

    153 Cornell Street, Hempstead, NY 11550
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    Income-Generating Mixed-Use Property
    $925,000
    0.07 Acres

    Income-Generating Mixed-Use Property

    Commercial property with storefront, apartments, and income potential.

    171 S Franklin Street, Hempstead, NY 11550
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    Renovated Four-Family Home
    $1,399,000
    0.17 Acres

    Renovated Four-Family Home

    Legal four-family home in Hempstead, recently renovated.

    136 Fairview Boulevard, Hempstead, NY 11550
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    Legal 3-Family Tudor in Hempstead
    $829,000
    0.19 Acres

    Legal 3-Family Tudor in Hempstead

    Legal 3-family property near Hofstra, LIRR, and highways.

    22 Fairview Blvd, Hempstead, NY 11550
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    New Construction Apartment Building
    $7,300,000

    New Construction Apartment Building

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

    533 Greenwich St, Hempstead, NY 11550
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    West Hempstead Mixed-Use Investment Opportunity
    $1,450,000
    0.05 Acres

    West Hempstead Mixed-Use Investment Opportunity

    Four-unit mixed-use corner building with detached two-car garage.

    352 Hempstead Avenue, West Hempstead, NY 11552
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    Renovated Hempstead Apartment Building
    Contact for pricing

    Renovated Hempstead Apartment Building

    Fully occupied apartment building with recent renovations and upgrades.

    54 Greenwich St, Hempstead, NY 11550
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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 12 Active listings in Hempstead, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 60 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Renovated Home in Mineola, NY
    $1,050,000
    0.11 Acres

    Renovated Home in Mineola, NY

    Ultramodern, custom-renovated home designed for entertaining in Mineola.

    236 Maple Place, Mineola, NY 11501
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    Two-Family Home in Mineola, NY
    $870,000
    0.11 Acres

    Two-Family Home in Mineola, NY

    Two-family home with four bedrooms and a two-car garage.

    151 Lincoln Avenue, Mineola, NY 11501
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    Mixed-Use Property in Baldwin
    $799,999

    Mixed-Use Property in Baldwin

    Mixed-use property with residential and retail income potential.

    2074 Grand Ave, Baldwin, NY 11510
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    Retail Property with Upside Potential
    $799,000
    0.11 Acres

    Retail Property with Upside Potential

    Retail property with 100% collectable rents and updated fire codes.

    1951-1953 Grand Ave, Baldwin, NY 11510
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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Flatbush Development Property For Sale
    $1,249,000
    1,407 SF

    Flatbush Development Property For Sale

    40 x 100 lot with R6, C1-2 zoning.

    14 E 32nd Street lot: 13, Brooklyn, NY 11226
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    Brooklyn Two-Family Home with Development Potential
    $1,888,888
    2,660 SF

    Brooklyn Two-Family Home with Development Potential

    Two-family home on a large lot with significant development potential.

    69 Martense Street, Brooklyn, NY 11226
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    Expansive Land Parcel in Holmes
    $750,000
    2,480 SF

    Expansive Land Parcel in Holmes

    75+ acre land parcel with garage near I-84.

    545 Grape Hollow Road, Holmes, NY 12531
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    Southampton Village Multifamily Opportunity
    $2,300,000
    0.33 Acres

    Southampton Village Multifamily Opportunity

    Two-family home in the heart of Southampton Village.

    39 Halsey Avenue, Southampton, NY 11968
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    Off-Market Properties in Hempstead, NY

    Consider similar Off-Market properties in Hempstead, NY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    100 Ter Ave

    100 Ter Ave

    APARTMENT HOUSE (5+ UNITS) • 114,791 SF
    Value Estimation by Request
    100 Ter Ave, Hempstead, NY 11550-2314
    View details
    16 Burr Ave

    16 Burr Ave

    APARTMENT HOUSE (5+ UNITS) • 1,470 SF
    Value Estimation
    $845,000
    16 Burr Ave, Hempstead, NY 11550-2540
    View details
    142 Henry St

    142 Henry St

    BOARDING/ROOMING HOUSE • 2,099 SF
    Value Estimation
    $655,000
    142 Henry St, Hempstead, NY 11550-5714
    View details
    40-44 Orch St

    40-44 Orch St

    APARTMENT HOUSE (5+ UNITS) • 1,200 SF
    Value Estimation
    $1,355,000
    40-44 Orch St, Hempstead, NY 11550
    View details
    227 Chestnut St

    227 Chestnut St

    APARTMENT HOUSE (5+ UNITS) • 11,098 SF
    Value Estimation
    $3,570,000
    227 Chestnut St, West Hempstead, NY 11552-2416
    View details
    107 James L L Burrell Ave

    107 James L L Burrell Ave

    HIGH-RISE APARTMENTS • 9,644 SF
    Value Estimation
    $4,000,000
    107 James L L Burrell Ave, Hempstead, NY 11550-1845
    View details
    91 Franklin St

    91 Franklin St

    APARTMENT HOUSE (5+ UNITS) • 2,496 SF
    Value Estimation
    $2,005,000
    91 Franklin St, Hempstead, NY 11550-5695
    View details
    35 Covert St

    35 Covert St

    APARTMENT HOUSE (5+ UNITS) • 2,940 SF
    Value Estimation
    $2,210,000
    35 Covert St, Hempstead, NY 11550-4809
    View details
    70 Grv St

    70 Grv St

    BOARDING/ROOMING HOUSE • 2,650 SF
    Value Estimation by Request
    70 Grv St, Hempstead, NY 11550-5652
    View details
    108 Grv St

    108 Grv St

    APARTMENT HOUSE (5+ UNITS) • 2,400 SF
    Value Estimation
    $1,740,000
    108 Grv St, Hempstead, NY 11550-5698
    View details
    590 Fulton Ave

    590 Fulton Ave

    HIGH-RISE APARTMENTS • 13,416 SF
    Value Estimation
    $2,545,000
    590 Fulton Ave, Hempstead, NY 11550-4352
    View details
    600 Fulton Ave

    600 Fulton Ave

    HIGH-RISE APARTMENTS • 22,799 SF
    Value Estimation
    $4,635,000
    600 Fulton Ave, Hempstead, NY 11550-4353
    View details

    Hempstead, NY Multifamily Properties Investment Opportunities Market Analysis

    Explore 72 multifamily properties for sale in Hempstead, NY, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 1,448 square feet of properties for sale, with an estimated market value of $750,000.

    Sale prices for multifamily properties in Hempstead, NY start at $750,000, averaging $750,000, and reaching up to $750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Apartment buildings 6
    Duplexes 6
    Quadplexes 4
    Triplexes 1

    Property Size Breakdown

    The majority of commercial real estate listings in Hempstead fall within the 25,000 to 50,000 square foot range.

    Demographics Overview

    Population 63K
    Population Growth (5Y) +5.2%
    Median Household Income $86,904
    College Educated 35.0%

    High-Yield Neighborhoods for Strategic Investment

    Identify Hempstead submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    11550 $1.9M

    Taxes & Financing

    Average Loan-to-Value 65.0%

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