533 Greenwich St

533 Greenwich St, Hempstead, NY 11550

Property Information

  • For Sale $7,300,000
  • Property Type Multi-Family
  • Property Size 16,500 SF
  • Units 12
  • Lot Size 0.26 Acre
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 2024
  • Date Updated Apr 18, 2026

Description

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.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.

Contacts

Michael G. Murphy

Douglas Elliman Commercial - Long Island

Location

Located at 533 Greenwich St, Hempstead, NY 11550, this property is part of the Hempstead neighborhood and Long Island market.

Contact Listing Broker
Michael G. Murphy

Douglas Elliman Commercial - Long Island

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