533 Greenwich Street • Hempstead, NY 11550

$7,300,000 • Beds: 27 • Baths: • Sq. Feet: 0 • MLS ID: 977780 • Subdivision: • School Dist: Uniondale
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. View this listing at: http://jamesparks.laffey.com/mls=977780

Property Features

  • Taxes: $86,793
  • Basement: Yes
  • Exterior: Vinyl Siding
  • Lot Size: 0.26 Acres
  • Heating: Natural Gas
  • Cooling: Central Air
  • Year Built: 2021
  • Water: Public
  • Sewer: Public Sewer
  • Stories: 3.0
  • Units: 12
  • On Market Date: 2026-04-02
  • Basement: Finished,Full,See Remarks,Storage Space,Walk-Out Access
  • Building Area Total: 16496
  • Building Features: Laundry,Lobby
  • Cap Rate: 7
  • Lot Features: Corner Lot,Near Public Transit,Near School,Near Shops
  • Separate Electric Meters: 12
  • 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
  • Tenant Pays: Electricity
  • Utilities: Cable Connected,Electricity Connected,Natural Gas Connected,Phone Connected,Water Connected

School Information

  • High School: Uniondale High School
  • Middle School: Lawrence Road Middle School
  • Elementary School: Grand Avenue Elementary School
  • School District: Uniondale
Printed April 12, 2026

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