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482 Front St
Hempstead, NY 11550
Phillips House Apartments · Multifamily Property For Sale · 44 Units

PROPERTY FACTS

No. Units 44
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 1.02 AC
Building Size 37,932 SF
Average Occupancy 100%
No. Stories 3
Year Built 1959
Parking Ratio 1.24/1,000 SF
Zoning Multi-Family - Multi-Family

AMENITIES

UNIT AMENITIES

  • Dishwasher
  • Heating
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Carpet

SITE AMENITIES

  • Laundry Facilities
  • Elevator

ABOUT 482 FRONT ST , HEMPSTEAD, NY 11550

Cushman & Wakefield has been retained on an exclusive basis to arrange for the sale of 482 Front Street in Hempstead, NY. The subject property is a (44) unit elevator apartment building. The property is situated on the northwest corner of Front Street and William Street. The building is walking distance to the Hempstead LIRR Station, and in close proximity to the Hempstead Village Commons and The Hub Shopping Center. The (44) unit building includes (30) 1-Bedrooms, (10) Studios, and (4) 2-Bedrooms. The building is very efficiently managed with no deferred maintenance. The building includes a 2,000 lb. capacity Otis elevator, and recent improvements include a new boiler and a new roof. The property includes a large parking lot for 47 cars. Additionally, there is a revenue generating laundry room with four washers and four dryers. To schedule a formal walkthrough of the property, please contact the exclusive brokers directly.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 10 - 427 - 630
1+1 30 - 630 - 730
2+1 4 - 1,072 - 1,085

PROPERTY TAXES

  • Listing ID: 9528434

  • Date on Market: 10/11/2017

  • Last Updated:

  • Address: 482 Front St, Hempstead, NY 11550