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Located at 64 Stewart Avenue, Hempstead, New York 11550, this Multi-Family Homes is for sale with a price of $680,000 USD. The property was built in 1912, includes 4 bedrooms, has 2 full baths. This listing encompasses a lot of .06 Acres. See all Homes for sale in Hempstead.
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New YorkHempstead64 Stewart Avenue
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64 Stewart Avenue
Hempstead, NY 11550

$680,000
for sale
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4. 64 Stewart Avenue
1. 64 Stewart Avenue
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64 Stewart Avenue,

Hempstead, NY 11550

5.78 Cap 2 Family Investment property 100% occupied with Section 8 Tenants under the NYS HCR EHV Program. 1st floor tenants have just renewed 1 year lease in May and 2nd floor tenant renewed a 1 year lease in December. Currently the second floor unit is rented for $2700.00 monthly and the first floor unit is rented for $2,400.00 monthly. The annual gross income is $61,200.00 after expenses the NOI is $40,464.47 representing a 5.78 Cap Rate. The 2nd floor tenant pays 100% of their utilities and 1st floor tenant pays their own electric and Landlord pays on average $250.00 monthly for 1st floor tenants gas. 64 Stewart Avenue is a perfect opportunity for an investor to acquire an income-producing asset.

This is an Active listing.

Broker Office Phone Number: 631-261-2800

Copyright © 2024OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Amenities

  • Refrigerator
  • Driveway
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All information is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale or withdrawal without notice. No representation is made as to the accuracy of any descriptions, measurements, square footages or acreage and should not be relied upon as such. All information herein should be confirmed by the customer. All rights to all content, including but not limited to photographs, videos and other graphics, are reserved to exclusively to the Broker who supplied such listing content. All advertising on this site is subject to the Federal Fair Housing Act.

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Listing By: Keystone Realty USA Corp via Data Source: OneKey MLS 
4
Bedrooms
2
Full Baths
$680,000
Change Currency
$14,454
Annual taxes
Multi-Family Homes
Property type
1912
Year Built
Jackson Annex School
Schools
Jackson Annex School
Elementary
Alverta B Gray Schultz Middle Sch
Middle
Hempstead High School
High
12797494
Web Id
3568055
MLS ID
118
Days Posted

price history

datepricevariancetype
7/24/2024$680,000-Listed
listing agent: Barry Clare
more info
0.06 Acres
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