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    Hempstead, NY
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    Hempstead, NY Residential Income Properties for Sale

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    Garden City, NY Carle Place, NY Roosevelt, NY
    14 properties
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    Turnkey Two-Family Colonial Home
    Updated: Jun 3
    Turnkey Two-Family Colonial Home

    29 Elm Avenue, Hempstead, NY 11550

    $879,000
    0.23 AC lot
    Legal two‑family Colonial at 29 Elm Avenue, Hempstead (built 1908) with 4 bedrooms and 5 bathrooms
    Two separate front entrances with separate gas and electric meters for each unit
    Recent upgrades include brand‑new siding and a high‑efficiency Navien natural gas heating system
    Refinished hardwood floors with baseboard natural gas heat; wall/window and window AC units
    Upgraded 200‑amp electrical service; updated interior includes a first‑floor bedroom and first‑floor full bath
    View details
    Two-Family House with Loft
    Updated: Jun 25
    Two-Family House with Loft

    117 Walnut Street, West Hempstead, NY 11552

    $899,999
    Legal 2‑family house built in 1907 on a quiet, tree‑lined street
    Bottom unit: 3 bedrooms and 2 bathrooms, plus access to a full finished basement with laundry
    Upstairs unit: 1 bedroom, 1 bathroom, with additional bonus loft space
    Private back yard with a 2‑car garage, driveway, and ample parking
    Heating: steam; cooling: wall/window and window unit(s)
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    Hempstead Multifamily Investment Opportunity
    Hempstead Multifamily Investment Opportunity

    22 Virginia Avenue, Hempstead, NY 11550

    $1,399,999
    0.09 AC lot

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

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    Two-Unit Duplex with Detached Garage
    Two-Unit Duplex with Detached Garage

    1060 Midland Street, Uniondale, NY 11553

    $739,000
    0.14 AC lot

    Separately occupied duplex near downtown Uniondale, with tenant-paid heat and electric and owner-provided hot water.

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    Hempstead Two-Family Investment Opportunity
    Hempstead Two-Family Investment Opportunity

    3840 Linden Place, Hempstead, NY 11550

    $500,000
    0.11 AC lot

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

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    Hempstead Multifamily Handyman Special
    Hempstead Multifamily Handyman Special

    153 Cornell Street, Hempstead, NY 11550

    $599,000
    0.22 AC lot

    Multifamily property in Hempstead, NY, requiring renovation.

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    Income-Generating Mixed-Use Property
    Income-Generating Mixed-Use Property

    171 S Franklin Street, Hempstead, NY 11550

    $925,000
    0.07 AC lot

    Commercial property with storefront, apartments, and income potential.

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    Renovated Four-Family Home
    Renovated Four-Family Home

    136 Fairview Boulevard, Hempstead, NY 11550

    $1,399,000
    0.17 AC lot

    Recently renovated legal four-family with updated kitchens, modern baths, and a fenced backyard plus a full finished basement.

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    Mixed-Use Building with Residential Units
    Mixed-Use Building with Residential Units

    27-29 Front Street, Hempstead, NY 11518

    $1,100,000
    3,600 sqft

    Updated first-floor commercial space with garage/warehouse and a fully rented residential component with separate access.

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    West Hempstead Mixed-Use Investment Opportunity
    West Hempstead Mixed-Use Investment Opportunity

    352 Hempstead Avenue, West Hempstead, NY 11552

    $1,450,000
    0.05 AC lot

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

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    Mixed-Use Building in West Hempstead
    Mixed-Use Building in West Hempstead

    352 Hempstead Ave, West Hempstead, NY 11552

    $1,450,000
    0.05 AC lot

    Four-unit mixed-use corner building with high visibility and income potential.

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    New Construction Apartment Building
    New Construction Apartment Building

    533 Greenwich St, Hempstead, NY 11550

    $7,300,000

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

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    Renovated Two-Story Home
    Renovated Two-Story Home

    13 Fordham Place, Hempstead, NY 11550

    $610,000
    0.09 AC lot

    Renovated two-story layout with four bedrooms, finished basement with outside entrance, and detached garage.

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    Renovated Hempstead Apartment Building
    Renovated Hempstead Apartment Building

    54 Greenwich St, Hempstead, NY 11550

    Contact for pricing

    Fully occupied apartment building with recent renovations and upgrades.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 14 Active listings in Hempstead, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 58 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.

    Legal Two-Family Residence with Garage
    Legal Two-Family Residence with Garage

    254 Hempstead Avenue, Rockville Centre, NY 11570

    $1,500,000
    0.34 AC lot

    A legal two-family layout with finished basement and generous driveway parking, offering multiple finished rooms for flexible living arrangements.

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    Owner-Occupied Two-Family Brick Home
    Owner-Occupied Two-Family Brick Home

    2063 Walnut Street, North Baldwin, NY 11510

    $849,000
    0.17 AC lot

    A legal two-family residence with private entrances, in-unit washer/dryer, and finished basement flexibility on a fully fenced corner lot.

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    Rockville Centre Multi-Family Home
    Rockville Centre Multi-Family Home

    15 Water Street, Rockville Centre, NY 11570

    $849,000
    0.18 AC lot

    Two-family home with finished basement and detached garage in Rockville Centre.

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    Mixed-Use Retail and Two-Family Property
    Mixed-Use Retail and Two-Family Property

    2074 Grand Avenue, North Baldwin, NY 11510

    $825,000

    Two-family living plus a dedicated retail tenant, with basement storage used for additional income.

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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.

    Elmont, NY Development Site
    Elmont, NY Development Site

    1888 Foster Meadow Road, Elmont, NY 11003

    $4,500,000
    0.93 AC lot

    Development site near Hempstead Tpk, ideal for various uses.

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    Glen Oaks Land Opportunity
    Glen Oaks Land Opportunity

    26401 Lot 6 82nd Avenue, Glen Oaks, NY 11004

    $899,999
    0.23 AC lot

    Residential lot available in the desirable Glen Oaks neighborhood.

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    Residential Land in Rosedale, NY
    Residential Land in Rosedale, NY

    12122 Hook Creek Boulevard, Rosedale, NY 11422

    $149,000
    0.08 AC lot

    Vacant residential lot, ideal for investors or developers.

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    Waterfront Land in Hewlett Harbor
    Waterfront Land in Hewlett Harbor

    1310 Seawane Drive, Hewlett Harbor, NY 11557

    $4,200,000
    1.61 AC lot

    Rare 1.61-acre waterfront parcel in prestigious Hewlett Harbor, NY.

    View details

    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
    APARTMENT HOUSE (5+ UNITS)

    100 Ter Ave, Hempstead, NY 11550-2314

    Value Estimation by Request
    114,791 sqft · 3.99 AC lot
    View details
    16 Burr Ave
    APARTMENT HOUSE (5+ UNITS)

    16 Burr Ave, Hempstead, NY 11550-2540

    $845,000
    Estimated value
    1,470 sqft · 0.14 AC lot
    View details
    142 Henry St
    BOARDING/ROOMING HOUSE

    142 Henry St, Hempstead, NY 11550-5714

    $655,000
    Estimated value
    2,099 sqft · 0.14 AC lot
    View details
    40-44 Orch St
    APARTMENT HOUSE (5+ UNITS)

    40-44 Orch St, Hempstead, NY 11550

    $1,355,000
    Estimated value
    1,200 sqft · 0.27 AC lot
    View details
    227 Chestnut St
    APARTMENT HOUSE (5+ UNITS)

    227 Chestnut St, West Hempstead, NY 11552-2416

    $3,570,000
    Estimated value
    11,098 sqft · 0.82 AC lot
    View details
    107 James L L Burrell Ave
    HIGH-RISE APARTMENTS

    107 James L L Burrell Ave, Hempstead, NY 11550-1845

    $4,000,000
    Estimated value
    9,644 sqft · 0.74 AC lot
    View details
    91 Franklin St
    APARTMENT HOUSE (5+ UNITS)

    91 Franklin St, Hempstead, NY 11550-5695

    $2,005,000
    Estimated value
    2,496 sqft · 0.08 AC lot
    View details
    35 Covert St
    APARTMENT HOUSE (5+ UNITS)

    35 Covert St, Hempstead, NY 11550-4809

    $2,210,000
    Estimated value
    2,940 sqft · 0.10 AC lot
    View details
    70 Grv St
    BOARDING/ROOMING HOUSE

    70 Grv St, Hempstead, NY 11550-5652

    Value Estimation by Request
    2,650 sqft · 0.25 AC lot
    View details
    108 Grv St
    APARTMENT HOUSE (5+ UNITS)

    108 Grv St, Hempstead, NY 11550-5698

    $1,740,000
    Estimated value
    2,400 sqft · 0.45 AC lot
    View details

    Hempstead, NY Residential Income Properties Market Trends and Statistics

    Explore 72 residential income properties for sale in Hempstead, NY, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 3,600 square feet of properties for sale, with an estimated market value of $1,100,000.

    Sale prices for residential income properties in Hempstead, NY start at $1,100,000, averaging $1,100,000, and reaching up to $1,100,000 — 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

    Commercial property segments ranked by active listings on the market

    Multifamily properties 14
    Duplexes 5
    Apartment buildings 4
    Quadplexes 3
    Single family properties 2

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    East Rockaway $1.1M
    Hempstead $1.7M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Nassau County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

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

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    Most Searched ZIP Codes in Hempstead, NY

    • 11550
    • 11552
    • 11518
    • 11553

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