3840 Linden Place Hempstead, NY $ 695,000
3840 Linden Place
$ 695,000
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3840 Linden Place

Hempstead, NY, 11550
$ 695,000
Bedrooms7 Baths2.0 Sq 2,000

Monthly Estimate*

$ 4,279

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Multi-Family Home for sale in Hempstead, NY

for $695,000 with 7 bedrooms and 2 full baths. This 2,000 square foot home was built in 1962 on a lot size of 0.1148.

Great Investment Opportunity! This legal two-family, high-ranch style home offers a massive seven-bedroom layout in a prime location. First Floor: Features an open living/dining area, eat-in kitchen, three spacious bedrooms, and one full bathroom. This unit includes access to a full finished basement with dedicated laundry and utility space. Second Floor: Offers a large living/dining area, eat-in kitchen, four bedrooms, and one full bathroom. The Investor's Edge: Both units are Section 8 approved with reliable rental history. The property features separate meters for gas, electric, and heat (two boilers/two hot water heaters), significantly lowering landlord overhead. Additional highlights include hardwood floors throughout and a four-car driveway plus ample street parking. Income Details: Unit 1: $2,550/month (Voucher renewal 5/1/2026). Unit 2: $2,609/month (Voucher renewal 2/1/2026). Note: Home will be delivered with existing tenants; leases will transfer to the new owner.

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Multi-Family Active

Price

$ 695,000

Bedrooms

7

Full Bath

2

Property Type

Multi-Family

Taxes

$ 17,747

Style

Hi Ranch

Lot Size

0.1148

Year Built

1962

Town/City

Hempstead

County/Region

Nassau

MLS | Web ID

951139

Features
Interior
Interior Amenities First Floor Bedroom First Floor Full Bath
Basement Finished Full
Flooring Carpet Hardwood
Basement Features Finished Full
Basement (Y/N) Y
Fireplace Y/N N
Total Bedrooms 7
Total Baths 2
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General
Sewer Public Sewer
Heating Hot Water Natural Gas
Cooling None
Utilities Cable Available Electricity Connected Natural Gas Connected Sewer Connected Trash Collection Public Water Connected
Architectural Style Hi Ranch Other
Construction Materials Frame
Year Built 1962
Tenant Pays Electricity Gas
Property Subtype Duplex
Tax Year 2024
Parcel Number 2013-34-384-00-0215-0
Gross Income 60000
County Nassau County
Property Type Residential Income
Garage Y/N N
Full Baths 2
Directions Peninsula Blvd to Linden PL
High School Hempstead High School
City Hempstead
Senior Community Y/N N
High School District Hempstead
Number Of Units Total 2
Carport Y/N N
Property Attached Y/N N
Tax Annual Amount 17747.42
Showing Instructions SHOWS BY APPOINTMENT 24-48 HOURS NOTICE WITH PRE-APPROVAL AND/OR PROOF OF FUNDS CALL OFFICE 516-223-2525. DO NOT CALL AGENT FOR APPOINTMENTS.
Middle/Junior High School Alverta B Gray Schultz Middle Sch
Property Condition Actual
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Hempstead
Elementary School District Hempstead
Tax Assessed Value 301
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Exterior
Parking Features Driveway Driveway
Water Source Public
Total Parking 3
Parking Spaces 3
Building Area Total 2000
Waterfront Y/N N
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Internal Only
Street Number 1 3840
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* Excluded Features
List By
John C. Gandolfo

Listing Agent

Coldwell Banker American Homes

Broker

516-223-2525

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Affordability Calculator

$5,758
Per Month
74%
26%
0%
Monthly Principal & Interest
$4,279
Monthly Property Taxes
$1,479
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4098952 Elementary School
4099239 Middle School
Hempstead High School High School
Pricing History
DatePricePrice ChangeDescription
3/5/2026$695,000 -7.21% Price Down
1/13/2026$749,000 Listed Price

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3840 Linden Place, Hempstead, NY, 11550 is a Multi-Family Home for sale at $695,000 with 2,000 sqft and a lot size of 0.1148. 3840 Linden Place has 7 bedrooms, 2.0 baths, and was built in 1962. The property's zip code is 11550 which is in Hempstead, NY