533 Greenwich Street Hempstead, NY $ 7,300,000
533 Greenwich Street
$ 7,300,000
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533 Greenwich Street

Hempstead, NY, 11550
$ 7,300,000
Bedrooms27 Baths-- Sq 16,496

Monthly Estimate*

$ 44,947

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Commercial Property for sale in Hempstead, NY

for $7,300,000 with 27 bedrooms. This 16,496 square foot building was built in 2021 on a lot size of 0.2596.

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.

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Commercial Active

Price

$ 7,300,000

Bedrooms

27

Property Type

Commercial

Taxes

$ 86,793

Style

Multi Family

Lot Size

0.2596

Year Built

2021

Town/City

Hempstead

County/Region

Nassau

MLS | Web ID

977780

Features
General
Sewer Public Sewer
Heating Natural Gas
Cooling Central Air
Utilities Cable Connected Electricity Connected Natural Gas Connected Phone Connected Water Connected
Security Features Building Security Key Card Entry Video Cameras
Construction Materials Vinyl Siding
Year Built 2021
Tenant Pays Electricity
Property Subtype Multi Family
Tax Year 2026
Parcel Number 2013-36-106-00-0770-0
County Nassau County
Property Type Commercial Sale
Building Features Laundry Lobby
Directions Peninsula Blvd to RT on W. Graham Ave to Lt on Henry St to RT on Greenwich
High School Uniondale High School
City Hempstead
High School District Uniondale
Number Of Units Total 12
Elementary School Grand Avenue Elementary School
Property Attached Y/N N
Tax Annual Amount 86793.73
Middle/Junior High School Lawrence Road Middle School
Property Condition New Construction
Virtual Tour https://vimeo.com/1177979815/8b38796e17?share=copy&fl=sv&fe=ci
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Uniondale
Elementary School District Uniondale
Tax Lot 770
Cap Rate 7
Year Built Effective 2024
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Interior
Basement Finished Full See Remarks Storage Space Walk-Out Access
Total Stories 3
Basement Features Finished Full See Remarks Storage Space Walk-Out Access
Basement (Y/N) Y
Total Bedrooms 27
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Exterior
Parking Features Parking Lot Private Parking Lot Private
Water Source Public
Total Parking 19
Parking Spaces 19
Building Area Total 16496
Waterfront Y/N N
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Internal Only
Street Number 1 533
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* Excluded Features
List By
Jessica Hollenstein CBR RSPS SRS

Listing Agent

Douglas Elliman Real Estate

Broker

516-669-3700

Contact

Affordability Calculator

$52,180
Per Month
86%
14%
0%
Monthly Principal & Interest
$44,947
Monthly Property Taxes
$7,233
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
4099116 Elementary School
4099525 Middle School
Uniondale High School High School
Pricing History
DatePricePrice ChangeDescription
4/2/2026$7,300,000 Listed Price

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533 Greenwich Street, Hempstead, NY, 11550 is a Commercial Property for sale at $7,300,000 with 16,496 sqft and a lot size of 0.2596. 533 Greenwich Street has 27 bedroomsThe property's zip code is 11550 which is in Hempstead, NY