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40 Hempstead Gardens Dr

55 Unit Apartment Building $4,000,000 ($72,727/Unit) West Hempstead, NY 11552

Apartment Buildings New York West Hempstead 40 Hempstead Gardens Dr, West Hempstead, NY 11552

Investment Highlights

  • High Traffic Area

Executive Summary

Great location. formerly approved for 54 units + 1 Superintendent unit. Land 2.01ac 87,861 +/- sf. Former Plans Available at Office and provided upon request.

Attachments

RESIDENTIAL MULTI FAMILY
Town of Hempstead BZO, Urban Renewal Project
overhead
Final Appraisal Report
PLANS-B2_West_Hempstead_Combined_ARCH_2019-compressed (2)
CORRECT ANALYSIS (10) 40 HEMP GARD
LISTING
ANALYSIS 40 HEMP GARD

Data Room Click Here to Access

  • Operating and Financials

Property Facts Under Contract

Price $4,000,000 Property Subtype Apartment
Price Per Unit $72,727 Building Class B
Sale Type Investment Lot Size 2.04 AC
Sale Conditions Redevelopment Project Construction Status Proposed
No. Units 55 Building Size 60,000 SF
Property Type Multifamily No. Stories 3
Price $4,000,000
Price Per Unit $72,727
Sale Type Investment
Sale Conditions Redevelopment Project
No. Units 55
Property Type Multifamily
Property Subtype Apartment
Building Class B
Lot Size 2.04 AC
Construction Status Proposed
Building Size 60,000 SF
No. Stories 3
1 of 1
Walk Score ®
Very Walkable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Numbers
Multiple
  • 2089-35-371-00-0012-0
  • 2089-35-371-00-0013-0
  • 2089-35-371-00-0011-0
 Improvements Assessment $5,762
Land Assessment $8,074 Total Assessment $13,836

PROPERTY TAXES

Parcel Numbers
Multiple
  • 2089-35-371-00-0012-0
  • 2089-35-371-00-0013-0
  • 2089-35-371-00-0011-0
Land Assessment
$8,074
Improvements Assessment
$5,762
Total Assessment
$13,836

zoning

Zoning Code URD_B (Urban Renewal Residence B District)
URD_B (Urban Renewal Residence B District)
(516) 902-6734

Contacts

  • Listing ID: 32167966

  • Date on Market: 6/18/2024

  • Last Updated:

  • Address: 40 Hempstead Gardens Dr, West Hempstead, NY 11552

More public record information on 40 Hempstead Gardens Dr, West Hempstead, NY 11552

The Multifamily Property at 40 Hempstead Gardens Dr, West Hempstead, NY 11552 is currently available for sale. Contact Douglas Elliman for more information.

Multifamily PROPERTIES IN NEARBY NEIGHBORHOODS

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40 Hempstead Gardens Dr
(516) 902-6734 x

40 Hempstead Gardens Dr

1/2

Helena Veloso

(516) 902-6734

(516) 902-6734

Joseph Albano

(516) 476-9641

(516) 476-9641

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