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50 Laurel Ave
Hempstead, NY 11550

$1,480,000 USD

Apartments For Sale  •  5,862 SF

Property Details

• Property Type Apartments
• Total Building Size 5,862 SF
• Lot Size 0.17 AC
• Building Class C
• Year Built 1926
• Cap Rate 9.56 %
• Zoning R2

54 Transit Score

83 Walk Score

Highlights

Dense Population no vacancies, easy to rent, Charter School opening directly across the street

Property Flyers

50 Laurel Ave. Hempstead

Financial Summary (Actual)

Net Operating Income: $142,000 USD (2025)

Cap Rate:	9.56 %
Total Expenses:	$38,000 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
Hempstead Station (Hempstead Branch - Long Island Rail Road)	3 min	-	1.1 mi
West Hempstead Station (West Hempstead Branch - Long Island Rail Road)	3 min	-	1.4 mi
Airport	Drive	Walk	Distance
John F Kennedy International	21 min	-	12.8 mi
LaGuardia	30 min	-	17.1 mi
Westchester County	59 min	-	38.6 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes