New - 4 days on Rocket
$9,488 Closing Credit¹
#831611, Listing Office: Winzone Realty Inc
$625,000 List price
64 Stewart Ave Hempstead, NY 11550
$7,422
Closing credit¹
4 beds
2 full
0.06 acres
Multi-Family
Property details
About 64 Stewart Ave
AMAZING INVESTMENT OPPORTUNITY THAT YOU WILL NOT WANT TO MISS! This 2 family comes fully occupied with Section 8 tenants, with a gross monthly income of $5,400! Both tenants have newly renewed leases as of December, 2024 under the NYS HCR EHV Program. The annual gross income is $64,800, with a NOI of $44,400 after expenses (utilities, taxes, insurance), which is a 7.1% cap rate! There is only one gas meter, both tenants pay their own electric bills, and landlord pays on average $300 monthly for the gas bill. Driveway is newly paved, roof is only a few years old, boiler has been recently serviced, and there will be new floors put on the first floor. This is an opportunity for an investor obtain an incredible asset that produces sufficient cash flow. PLEASE CALL OR TEXT NOW, DO NOT MISS OUT!!!
Highlights
Home typeDuplex
HeatingNatural Gas
StatusActive
CoolingWall/Window Unit(s)
BasementYes
Lot size0.0574 Acres
Year built1912
ParkingDriveway
MLS #812797
Summary
- MLS Number: 812797
- MLS Name: ONEKEY2
- Office Name: Bushman Hill Real Estate
- Office Phone: (914) 703-8609
Listings courtesy of OneKey MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.
Information Copyright 2025, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 3/10/2025, 10:11:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$625,000
64 Stewart Ave
$7,422
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 12, 2022 | Home Sold | $490,000 |
| Sep 02, 2014 | Home Sold | $180,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $256 | $653 |
| 2023 | $261 | $6,211 |
| 2022 | $256 | $5,999 |
| 2021 | $258 | $6,160 |
| 2020 | $258 | $5,651 |
| 2019 | $359 | $5,821 |
| 2018 | $416 | $6,041 |
| 2017 | $416 | $6,162 |
History based on county public records data.
Nearby schools
5
Jackson Main Elementary School
Public District 1-5
0.2 mi
•451 Jackson St
3
Barack Obama Elementary School
Public District 1-6
0.9 mi
•176 William St
4
California Avenue Elementary School
Public District KG-5
1.1 mi
•236 California Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $23,037. The majority of Hempstead, NY residents have income less than $<35k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
60%
<35k
34%
35k-100k
5%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
49%
Single, No Kids
30%
Single, with Kids
7%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
8%
12-17 yrs old
30%
18-34 yrs old
34%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
Pro Boxing
Horse Races
Where do the neighbors shop?
Family Dollar
Burlington
Stein Mart
Where do the neighbors go to eat?
Church's Chicken
Popeyes
LongHorn Steakhouse
What do the neighbors drive?
Cadillac
Dodge
Buick
What do the neighbors listen to?
Jazz
Urban Contemporary
Contemporary Inspirational
All data provided by Home Junction and Claritas
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This home is located at 64 Stewart Ave in Hempstead, NY and zip code 11550 in the Town of Hempstead neighborhood. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 13, 2025 and is currently priced at $625,000.
In February 2025, from all listings sold in Hempstead, NY there were more than 5 sold above asking price, over 4 sold below and more than 3 were sold right at the asked price. Between January and February 2025, Hempstead, NY real estate market has seen decrease in the number of listings by 17.4%. While the average time on the market in February 2025 was 57 days, the median list price was $605,000.
From Rocket Homes Real Estate and based on county public records data.