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22 Virginia Avenue Hempstead, NY $ 1,399,999
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22 Virginia Avenue
$ 1,399,999
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22 Virginia Avenue

Hempstead, NY, 11550
$ 1,399,999
Bedrooms8 Baths4.0 Sq 4,320

Monthly Estimate*

$ 8,620

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Multi-Family Home for sale in Hempstead, NY

for $1,399,999 with 8 bedrooms and 4 full baths. This 4,320 square foot home was built in 1950 on a lot size of 0.0918.

Calling all savvy investors! This well-maintained, tenant-occupied property is a rare find. Located just minutes from the Southern State Parkway, Mercy Hospital, and local schools, it offers the perfect combination of convenience and steady rental income. The building features four two-bedroom apartments, all currently leased. Three of the units have been beautifully renovated between 2022 and 2024, ensuring modern, attractive living spaces for tenants. A new roof, installed 3 years ago, adds to the property's appeal, along with upgraded utilities, including four separate gas and electric meters, heating systems, and hot water heaters-all updated within the past five years. Please note that the property is tenant-occupied, and access is limited to the basement only by appointment. Street parking is available. Whether you're looking to expand your portfolio or secure a property with strong investment potential, this opportunity is not to be missed! Annual Rental Income: $106,200 Property Taxes: $30,388 (Includes Hempstead Village taxes of $12,564) Insurance: $3,600 Water: $900

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Multi-Family Active

Price

$ 1,399,999

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 30,388

Style

Lot Size

0.0918

Year Built

1950

Town/City

Hempstead

County/Region

Nassau

MLS | Web ID

975906
Features
Interior
Interior Amenities First Floor Bedroom First Floor Full Bath Eat-in Kitchen
Basement Full Unfinished
Basement Features Full Unfinished
Basement (Y/N) Y
Fireplace Y/N N
Total Bedrooms 8
Total Baths 4
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General
Sewer Public Sewer
Heating Natural Gas
Cooling None
Utilities Electricity Connected Natural Gas Connected Sewer Connected Trash Collection Public Water Connected
Architectural Style Other
Construction Materials Brick
Year Built 1950
Property Subtype Quadruplex
Tax Year 2026
Parcel Number 2013-36-055-00-0089-0
County Nassau County
Insurance Expense 3600
Property Type Residential Income
Garage Y/N N
Full Baths 4
Directions Use GPS
High School Hempstead High School
City Hempstead
Senior Community Y/N N
High School District Hempstead
Number Of Units Total 4
Carport Y/N N
Elementary School Joseph McNeil School
Property Attached Y/N N
Tax Annual Amount 30388
Middle/Junior High School Alverta B Gray Schultz Middle Sch
Property Condition Actual
Additional Parcels Y/N N
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Hempstead
Elementary School District Hempstead
Tax Assessed Value 4071
Tax Lot 89
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Exterior
Parking Features On Street On Street
Water Source Public
Building Area Total 4320
Waterfront Y/N N
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 22
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* Excluded Features
List By
Lisa M. Reed CBR SRS ABR

Listing Agent

Howard Hanna Coach

Broker

516-352-7333

Contact

Affordability Calculator

$11,152
Per Month
77%
23%
0%
Monthly Principal & Interest
$8,620
Monthly Property Taxes
$2,532
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
5265618 Elementary School
4099239 Middle School
Hempstead High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/25/2026$1,399,999 Listed Price

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22 Virginia Avenue, Hempstead, NY, 11550 is a Multi-Family Home for sale at $1,399,999 with 4,320 sqft and a lot size of 0.0918. 22 Virginia Avenue has 8 bedrooms, 4.0 baths, and was built in 1950. The property's zip code is 11550 which is in Hempstead, NY

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