479 Front St - Apartments FOR SALE


Hempstead, NY 11550
$10,000,000 USD
646-321-4311
479 Front St, Hempstead, NY for Sale
$10,000,000 USD
Apartments - FOR SALE
1/17
null | 6% Cap Rate

479 Front St
Hempstead, NY 11550


HIGHLIGHTS

  • 2014 Construction
  • Close to several universities
  • Upside to increase revenue on rent and parking lot

OVERVIEW

Would you buy a 6 CAP with a 70 LTV assumable 30 year mortgage at 2.12%, fully amortized?

FOR SALE DETAILS

PRICE

$10,000,000 USD

PRICE/SF

$301 USD /SF

# OF UNITS

29

PRICE/UNIT

$344,828

CAP RATE

6%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Village Lofts Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2014

PARKING SPACES

52

LAND DETAILS

LAND ACRES

0.89 AC

LAND SF

38,768 SF

ZONING

Residence B

APN/PARCEL ID

2013-34-404-00-0022-0

ASK ABOUT THIS PROPERTY

Edward KalisvaartKW New York CityMore Info
646-321-4311

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Edward KalisvaartKW New York CityMore Info
646-321-4311

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.