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533 Greenwich St

$7,300,000

533 Greenwich St, Hempstead, NY 11550

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Last Updated: 06/24/2026

16,500 sqft

Building Size

0.2595 acres

Lot Area

Details:
Building Size:    16,500 sqft
Lot Area:    0.2595 acres
Class:    C
Units:    12
Year Built:    2024
Floors:    2
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.

Discover the bustling neighborhood surrounding the property at 533 Greenwich St, Hempstead, NY, 11550. Situated in the heart of Hempstead, this dynamic location offers a variety of attractions and amenities for prospective Multifamily / High-Rise investors. Enjoy the proximity to renowned dining destinations and shopping centers, as well as easy access to public transportation and major highways for convenient commuting. Embrace the vibrant local culture with nearby parks, recreational facilities, and entertainment venues. With a rich tapestry of local businesses and community events, the area provides a diverse and engaging environment for residents and visitors alike.

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