MLS#977780
STATUSActive
PROPERTY TYPECommercial -
SCHOOLUniondale
Property 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.
Property Features
Property Type: Commercial -
Basement: Yes
Basement: Finished, Full, See Remarks, Storage Space, Walk-Out Access
Cooling: Central Air
Heating: Natural Gas
Lot Size: 0.26 Acres
Stories: 3.0
Taxes: $86,793
Year Built: 2021
Feature Descriptions
Building Area Total: 16496
Building Features: Laundry, Lobby
Cap Rate: 7
Days on Site: 59
Exterior: Vinyl Siding
Lot Features: Corner Lot, Near Public Transit, Near School, Near Shops
On Market Date: 2026-04-02
Parcel Number: 2013-36-106-00-0770-0
Parking Features: Parking Lot, Private
Parking Total: 19
Rental Term: Monthly
Security Features: Building Security, Key Card Entry, Video Cameras
Separate Electric Meters: 12
Sewer: Public Sewer
Tenant Pays: Electricity
Units: 12
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Water Connected
Water: Public
Local Schools
High School: Uniondale High School
Middle School: Lawrence Road Middle School
Elementary School: Grand Avenue Elementary School
School District: Uniondale
Listed By / Shown By
Listing By
Agency Name: Douglas Elliman Real Estate
Agency Contact: 516-669-3700
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Broker Headquarters, 621 Columbia St. Suite 800, Cohoes, NY 12047
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533 Greenwich Street | MLS# 977780
This commercial property located at 533 Greenwich Street, Hempstead, NY 11550 is currently listed for sale with an asking price of $7,300,000. Greenwich Street is located within the Uniondale school district. Search Hempstead real estate on www.coldwellbankerchoice.com today.