50 Laurel Ave - Apartments FOR SALE


Hempstead, NY 11550
$1,480,000 USD
516-761-7598
50 Laurel Ave, Hempstead, NY for Sale
$1,480,000 USD
Apartments - FOR SALE
1/3
null | 9.56% Cap Rate

50 Laurel Ave
Hempstead, NY 11550


HIGHLIGHTS

  • Dense Population no vacancies, easy to rent, Charter School opening directly across the street

OVERVIEW

Legal 6 Family. BELOW MARKET RENTS. Fully Rented, all tenants paying. Huge Parking lot can be used for extra income. Brand new Charter School opening across the street. Highly Populated area - very easily rentable. 8 Parking spots can fetch $150 per month easily. Just need Lot paved. 50 Laurel 1 $2144.00 2 bedroom - can be $2800 w/ section 8 2 $2862.00 2 bedroom 3 $27578.00 2 bedroom 4 $1850 2 bedroom - CASH - can be $2785 with section 8 Back house 5 $2150.00 2 bedroom CASH - can be $2875 w/ section 8 6 $ 3150.00 4 bedroom CASH - can be $4100 w/ section 8

FOR SALE DETAILS

PRICE

$1,480,000 USD

PRICE/SF

$252 USD /SF

# OF UNITS

6

PRICE/UNIT

$246,667

CAP RATE

9.56%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

R2

APN/PARCEL ID

2013-34-286-00-0143-0

ASK ABOUT THIS PROPERTY

Jerry AharonyMallcomMore Info
516-761-7598

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Jerry AharonyMallcomMore Info
516-761-7598

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