64 Stewart Avenue
Hempstead,
NY
11550
- For Sale
- 4 Bedrooms
- 2 Full Baths
- Year Built 1912
- Multi Family
- ML# 3568055
Property Details
Overview
5.78 Cap 2 Family Investment property 100% occupied with Section 8 Tenants under the NYS HCR EHV Program. 1st floor tenants have just renewed 1 year lease in May and 2nd floor tenant renewed a 1 year lease in December. Currently the second floor unit is rented for $2700.00 monthly and the first floor unit is rented for $2, 400.00 monthly. The annual gross income is $61, 200.00 after expenses the NOI is $40, 464.47 representing a 5.78 Cap Rate. The 2nd floor tenant pays 100% of their utilities and 1st floor tenant pays their own electric and Landlord pays on average $250.00 monthly for 1st floor tenants gas. 64 Stewart Avenue is a perfect opportunity for an investor to acquire an income-producing asset.
Key Facts
- •Style: Two Story
- •Lot Size: 0.06
- •Lot Sq Ft: 2500
- •Taxes: $6,282
- •VillageTaxes: $8,172
- •School District#: 5
- •School District: New Hyde Park-Garden City Park
•Block: 238
- •Lot: 495
- •Construction Materials: Frame, Aluminum Siding
- •Garage: 0.0
- •Parking Spaces: Yes
- •Parking Facilities: Private, Driveway
- •Bedroom: 4
- •Full Bath: 2
- •Other: 4
- •Refrigerator: Yes
- •Heat: Natural Gas, Hot Water
- •A/C: None
- •Water: Public
- •Sewer: Public Sewer
- •Taxes: $6,282
- •Maintenance: $1,200
Listing Information provided courtesy of
Keystone Realty USA Corp
631-261-2800
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 2020, OneKey™ MLS