$29,000,000

Hempstead, New York 11550

Property Description

Fantastic opportunity to own a major Multi-Family property in nassau county, Over 300 units in a well kept multi-family property at only 6 times the RR and at an attractive 7.2% cap rate, and an attractive $20M interest only loan that could be assumed together with the property.
Two new Federal state of the art boilers, with high-end tech computered heat timers. New security cameras throughout, all parapets new, both lobbies redone. New lentils.
Location Description:
Building located in the vicinity of Hofstra University, Nassau coliseum, and the Reckson office complex. Buildings are in immaculate condition.
(Internet 5459438)

Features

Taxes:
 969,282.00

Neighborhood Information

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URL for this listing: http://www.realestatebook.com/homes/listing/109-5459438/Hempstead-NY-11550/

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More Hempstead Real Estate From Real Estate Book
This property located at is currently for sale.  is in the 11550 ZIP code in Hempstead, New York. This property is listed by Abraham Goren for $29,000,000. .