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
For sale
$1,399,999
22 Virginia Avenue, Hempstead, NY 11550
8beds
4,320sqft
Quadruplex, Multi Family
Built in 1950
-- sqft lot
$-- Zestimate®
$324/sqft
$-- HOA
What's special
Four two-bedroom apartments
- 111 days |
- 361 |
- 19 |
Zillow last checked:
Listing updated:
Listed by:
Howard Hanna Coach 516-352-7333,
Lisa M. Reed CBR SRS ABR 516-428-5031
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 975906
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas
Cooling
- None
Features
- First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen
- Basement: Full,Unfinished
- Attic: None
- Has fireplace: No
Interior area
- Total structure area: 4,320
- Total interior livable area: 4,320 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Lot
- Size: 4,000 Square Feet
- Dimensions: 40 x 100
- Features: Level
Details
- Parcel number: 2013360550000890
- Special conditions: In Foreclosure
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Quadruplex, Multi Family
Materials
- Brick
Condition
- Actual
- Year built: 1950
Utilities & green energy
- Gas: Separate Gas Meters: 4
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Community & HOA
Location
- Region: Hempstead
Financial & listing details
- Price per square foot: $324/sqft
- Tax assessed value: $4,071
- Annual tax amount: $30,388
- Date on market: 3/25/2026
- Cumulative days on market: 152 days
- Listing agreement: Exclusive Right To Sell
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 1/9/2026 | Price change | $1,199,000-7.8%$278/sqft |
Source:  OneKey® MLS as distributed by MLS GRID #940496 Report a problem | ||
| 12/2/2025 | Price change | $1,300,000-7.1%$301/sqft |
Source: OneKey® MLS as distributed by MLS GRID #940496 Report a problem | ||
| 7/29/2025 | Price change | $1,400,000+7.7%$324/sqft |
Source: OneKey® MLS as distributed by MLS GRID #894204 Report a problem | ||
| 12/5/2024 | Price change | $1,300,000+4%$301/sqft |
Source: OneKey® MLS as distributed by MLS GRID #L3568033 Report a problem | ||
| 7/24/2024 | Listed for sale | $1,250,000+152.5%$289/sqft |
Source: OneKey® MLS as distributed by MLS GRID #3568033 Report a problem | ||
| 8/16/2006 | Sold | $495,000+312.5%$115/sqft |
Source: Public Record Report a problem | ||
| 6/2/1995 | Sold | $120,000$28/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $4,071 |
| 2023 | -- | $4,071 |
| 2022 | -- | $4,071 |
| 2021 | $20,280 -19.6% | -- |
| 2020 | $25,235 +1.3% | $3,360 |
| 2019 | $24,905 | $3,360 |
| 2018 | $24,905 +2.1% | $3,360 |
| 2017 | $24,396 +5.5% | $3,360 |
| 2016 | $23,133 +750.1% | $3,360 |
| 2015 | $2,721 -1.3% | $3,360 -12.9% |
| 2013 | $2,758 -12.1% | $3,858 |
| 2012 | $3,137 -87.6% | $3,858 -20.2% |
| 2011 | $25,373 +38.1% | $4,836 +2.4% |
| 2010 | $18,370 | $4,723 -6.9% |
| 2009 | -- | $5,073 +13.7% |
| 2008 | -- | $4,463 +66% |
| 2006 | -- | $2,688 +91.6% |
| 2005 | -- | $1,403 +6.8% |
| 2004 | -- | $1,314 |
| 2003 | -- | $1,314 -84.9% |
| 2002 | -- | $8,700 |
| 2001 | -- | $8,700 |
| 2000 | -- | $8,700 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 11550
Nearby schools
GreatSchools rating
- 4/10Joseph McNeil SchoolGrades: 1-6Distance: 0.3 mi
- 3/10Alverta B Gray Schultz Middle SchoolGrades: 7-8Distance: 0.8 mi
- 3/10Hempstead High SchoolGrades: 9-12Distance: 0.2 mi
Schools provided by the listing agent
- Elementary: Joseph McNeil School
- Middle: Alverta B Gray Schultz Middle Sch
- High: Hempstead High School
Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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