Multifamily Property for 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

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 38 days. Compare it against other multifamily listings for sale in Hempstead, NY — <a href="/search/sale/multifamily/new-york/hempstead">view the full market</a>.

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