
$7,300,000 USD
Commercial for Sale, 533 Greenwich Street, Hempstead, New York 11550
- MLS#977780
- Total rooms27
Listed By Douglas Elliman Real Estate
The Commercial Property for Sale located at 533 Greenwich Street, Hempstead, New York 11550 is currently for sale. 533 Greenwich Street, Hempstead, New York 11550 is listed for $7,300,000. This property has 27 bedrooms, 0 bathrooms.
Property features
Property
- Features: ElevatorsBasementStorage Space
Lot/Land
- Land/Lot size:
1,051 m² (11,308 ft²) - Lot description: Corner Lot
Construction
- Year built: 2021
- Basement and foundation: Walk Out BasementFinished Basement
- Exterior: Vinyl Siding
Parking/Garage
- Parking description: Parking Lot
- Garage description: Private
Bedrooms
- Bedrooms: 27
Heating and Cooling
- Heating system: Natural Gas
- Cooling system: Central AC
Description
Built in 2024, this 12-unit apartment building w/elevator offers investors a true turnkey opportunity. The property includes three spacious 3-bedroom/2-bath apartments and nine 2-bedroom/1-bath apartments, all designed with modern layouts, in-unit laundry, granite countertops, stainless steel appliances, energy-efficient heating and cooling systems, and smart entry features. With 19 gated parking spaces, the building provides convenience for tenants and helps support strong rental demand. Building is fully occupied with market-rate rents.Because it is brand new construction, an investor can expect minimal repairs or major capital expenses, allowing for predictable income and easier management. This is a solid opportunity for anyone looking to generate steady rental cash flow while owning a high-quality asset positioned for long-term value growth.
Location
533 Greenwich Street, Hempstead, New York 11550