22 Virginia Ave Hempstead, NY 11550
Estimated payment $10,013/month
Highlights
- Main Floor Bedroom
- Bathroom on Main Level
- Level Lot
- Eat-In Kitchen
About This Home
Calling all savvy investors! This well-maintained, tenant-occupied property is a rare find. Located just minutes from the Southern State Parkway, Mercy Hospital, and local schools, it offers the perfect combination of convenience and steady rental income. The building features four two-bedroom apartments, all currently leased. Three of the units have been beautifully renovated between 2022 and 2024, ensuring modern, attractive living spaces for tenants. A new roof, installed 3 years ago, adds to the property's appeal, along with upgraded utilities, including four separate gas and electric meters, heating systems, and hot water heaters-all updated within the past five years. Please note that the property is tenant-occupied, and access is limited to the basement only by appointment. Street parking is available. Whether you're looking to expand your portfolio or secure a property with strong investment potential, this opportunity is not to be missed! Annual Rental Income: $106,200
Property Taxes: $30,388 (Includes Hempstead Village taxes of $12,564)
Insurance: $3,600
Water: $900
Listing Agent
Howard Hanna Coach Brokerage Phone: 516-352-7333 License #30RE0834954 Listed on: 03/25/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $30,388
Year Built
- Built in 1950
Lot Details
- 4,000 Sq Ft Lot
- Lot Dimensions are 40x100
- Level Lot
Parking
- On-Street Parking
Home Design
- Quadruplex
- Brick Exterior Construction
Bedrooms and Bathrooms
- 8 Bedrooms
- Main Floor Bedroom
- Bathroom on Main Level
- 4 Full Bathrooms
Schools
- Joseph Mcneil Elementary School
- Alverta B Gray Schultz Middle Sch
- Hempstead High School
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Natural Gas Connected
Additional Features
- Eat-In Kitchen
- Basement Fills Entire Space Under The House
Listing and Financial Details
- Legal Lot and Block 89 / 55
- Assessor Parcel Number 2013-36-055-00-0089-0
Community Details
Overview
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $17,465 | $4,071 | $980 | $3,091 |
| 2024 | $883 | $4,071 | $980 | $3,091 |
| 2023 | $17,342 | $4,071 | $980 | $3,091 |
| 2022 | $17,342 | $4,071 | $980 | $3,091 |
| 2021 | $27,109 | $3,313 | $980 | $2,333 |
| 2020 | $20,280 | $3,360 | $718 | $2,642 |
| 2019 | $25,235 | $3,360 | $718 | $2,642 |
| 2018 | $24,420 | $3,360 | $0 | $0 |
| 2017 | $21,944 | $3,360 | $718 | $2,642 |
| 2016 | $24,396 | $3,360 | $718 | $2,642 |
| 2015 | $2,721 | $3,360 | $718 | $2,642 |
| 2014 | $2,721 | $3,360 | $718 | $2,642 |
| 2013 | $2,758 | $3,858 | $655 | $3,203 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/25/2026 03/25/26 | For Sale | $1,399,999 | -- | $324 / Sq Ft |
Source: OneKey® MLS
MLS Number: 975906
APN: 36-055-00-0089
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