Built in 2024, this 12 unit apartment building w elevator offers investors a true turnkey opportunity.


Property

Website:https://www.nestseekers.com/5389907
Address:
Hempstead, NY 11550
Ownership: For Sale
Type: Multi-Family
Bedrooms: 27 BR
Lot Size: 0.3 Acres

Financials

Price:$7,300,000
Annual Taxes:$86,793.73

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.

Amenities

  • Building Security
  • Cable Connected
  • Corner Lot
  • Electricity Connected
  • Key Card Entry
  • Laundry
  • Lobby
  • Natural Gas Connected
  • Near Public Transit
  • Near School
  • Near Shops
  • Phone Connected
  • Video Cameras
  • Water Connected

Contact

6243 Northern Blvd
Phone:
Listing Courtesy of Douglas Elliman Real Estate