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    1 home
    1 home available
    Price Reduced $5,625,000
    64 Stewart Avenue, Hempstead, NY 11550
    $625,000
    4beds
    2bath
    sqft
    0.06acres
    House for Sale
    Down payment assistanceDown Payment Help

    64 Stewart Avenue, Hempstead, NY 11550

    Listing by: Bushman Hill Real Estate
    1 - 1 of 1 results
    Copyright © 2025 OneKey® MLS LLC
    Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
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    64 Stewart Avenue, Hempstead, NY 11550
    64 Stewart Avenue, Hempstead, NY 11550
    64 Stewart Avenue, Hempstead, NY 11550
    64 Stewart Avenue, Hempstead, NY 11550
    Price Reduced $5,625,000
    $625,000 $5,625,000 
    Down payment assistanceDown Payment Help
    4beds
    2full,half bath
    sqft
    0.06acres

    64 Stewart Avenue, Hempstead, NY 11550

    City/Town:Hempstead   Post Office: Hempstead     

    House for Sale by Brandon X. EdenBushman Hill Real Estate.

    Data checked 11 mins ago. Listing last updated 15 days ago.
    1. Overview
    2. Details
    3. More 

    AMAZING INVESTMENT OPPORTUNITY THAT YOU WILL NOT WANT TO MISS! This 2 family comes fully occupied with Section 8 tenants, with a gross monthly income of $5,400! Both tenants have newly renewed leases as of December, 2024 under the NYS HCR EHV Program. The annual gross income is $64,800, with a NOI of $44,400 after expenses (utilities, taxes, insurance), which is a 7.1% cap rate! There is only one gas meter, both tenants pay their own electric bills, and landlord pays on average $300 monthly for the gas bill. Driveway is newly paved, roof is only a few years old, boiler has been recently serviced, and there will be new floors put on the first floor. This is an opportunity for an investor obtain an incredible asset that produces sufficient cash flow. PLEASE CALL OR TEXT NOW, DO NOT MISS OUT!!!

    Details
      Property type
    Residential Income
      Year built
    1912
      Heating
    -
      Cooling
    Wall/Window Unit(s)
      Total rooms
      Garage
    No
      City/Town
    Hempstead
      Post Office
    Hempstead
      Parking spots
    -
    812797
    MLS ID
    Active
    Status
    01/13/2025
    On Market Date
      Laundry features
      Flooring
      Fireplace
    No
      Pets allowed
      Architectural Style
      View
    Interior features
    Exterior features
    Lot features
    Appliances included
    Construction materials
    Monthly taxes
    $1,204
    Yearly taxes
    $14,453.53
    Community Features
    -
    School district
    Hempstead
    Schools
    -
    Senior community
    No
    Common Charges
    -
    Maintenance
    -
    Additional Fees
    -
    Open Houses
    In-Person
    No upcoming in-person open houses
    Virtual
    No upcoming virtual open houses
    Contact Agent
    Brandon X. Eden
    Brandon X. Eden
    Real Estate Salesperson, Bushman Hill Real Estate
    Direct Number 
     
    Building Info
    Address
    64 Stewart Avenue, Hempstead, NY 11550
    Year Built
    1912
    Number of Floors
    2
    Total Number of Units
    2
    Gross area
    1,164 sqft
    Frontage
    25 ft
    Depth
    100 ft
    Schools
    Elementary Schools
    Jackson Annex School
    380 Jackson St, Hempstead, NY 11550
    Grades
    1-5
    Students
    394
    Teachers
    28.1
    Student to Teacher Ratio
    14:1
    Advanced Placement
    No
    Magnet School
    No
    Charter School
    No
    Prospect Elementary School
    265 Peninsula Blvd, Hempstead, NY 11550
    Grades
    PK-KG
    Students
    573
    Teachers
    18
    Student to Teacher Ratio
    32:1
    Advanced Placement
    No
    Magnet School
    No
    Charter School
    No
    Middle Schools
    Alverta B Gray Schultz Middle School
    70 Greenwich St, Hempstead, NY 11550
    School Rating
    D+
    Grades
    6-8
    Students
    1,331
    Teachers
    92.8
    Student to Teacher Ratio
    14:1
    Advanced Placement
    No
    Magnet School
    No
    Charter School
    No
    High Schools
    Hempstead High School
    201 President St, Hempstead, NY 11550
    School Rating
    D-
    Grades
    9-12
    Students
    1,773
    Teachers
    98.1
    Student to Teacher Ratio
    18:1
    Advanced Placement
    Yes
    Magnet School
    No
    Charter School
    No
    For properties located in the five boroughs of New York City, building data and tax history information is drawn from ACRIS records and is aggregated and provided by Cherre Inc. Buyer is responsible to verify all data presented.
    Demographics for 11550
    Population
    60,785
    Median age
    34.9
    Avg. household size
    3.4
    Avg. household income
    $116,003
    Households with children
    57.2%
    Households without children
    42.8%
    Employment
    Unemployment Rate
    6.9%
    Blue Collar
    44.5%
    White Collar
    48.6%
    Education
    Less than 9th grade
    13.9%
    Some high school
    7.7%
    High school graduate
    31.6%
    Some college
    17.0%
    Associate's degree
    8.4%
    Bachelor's degree
    12.5%
    Graduate degree
    8.9%
    For properties located in the five boroughs of New York City, building data and tax history information is drawn from ACRIS records and is aggregated and provided by Cherre Inc. Buyer is responsible to verify all data presented.
    Location
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    2,089sqft
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    3beds
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    4,000sqft
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    64 Stewart Avenue, Hempstead, NY 11550, is a 4 bedroom, 2 bathroom Multi Family built in 1912. This property is currently available for sale and was listed on OneKey® MLS on 1-13-2025. The MLS# for this Multi Family is MLS# 812797.
    Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
    Copyright ©2025
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