479 Front Street — Sale in Hempstead, NY

  • Price: $10M
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Hempstead, NY 11550
  • Size: 33,263 SF
  • Year built: 2014

Investment Figures

Price per square foot
$301
Price per unit
$322,581 across 31 units

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

KW Commercial has been exclusively retained for the sale of the Village Lofts at 479 Front Street in Hemp-stead, NY – Nassau County. This is an amazing opportunity to purchase a newly built multifamily property at a 6.2% CAP rate with an assumable mortgage at 70% LTV. The loan has 30 years remaining with a fixed rate of 2.12% for the duration of this fully amortized loan, creating a highly attractive cash-on-cash return for the buyer. Building SF: 33263 | Year Built: 2014 | Listing Type: FOR SALE

Market Context

This multifamily in Hempstead, NY is listed for sale at $10,000,000 across 33,263 SF. The building dates to 2014. It has been on the market for 70 days. Compare it against other multifamily listings for sale in Hempstead, NY — view the full market.

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