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3-5 Covert St
Hempstead, NY 11550
Covert-Orchard Properties · Multifamily Property For Sale
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12 Units
Property Facts
| No. Units | 12 | Lot Size | 0.10 AC |
| Property Type | Multifamily | Building Size | 12,820 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | C | Year Built/Renovated | 1918/2019 |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 12,820 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1918/2019 |
About 3-5 COVERT ST , HEMPSTEAD, NY 11550
3-5 Covert St. Hempstead, NY • Entire building rented out to a Homeless Shelter for 10 years. • 12 Unit Multi-Family Building. • Entire building renovated (+ Basement) • Total 13,000 SF. • Monthly lease $19,800 (Triple net NNN) • NOI: $237,600 (Annual Rent) • Rent Increase: 2% Every Year • Cap Rate: 9% Price: $2,640,000 Benny Goldstein 347-606-9342 6069342@gmail.com * I have many other off market properties for sale, send me an email and I will send them over to you.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 12 | - | - |
Property Taxes
| Parcel Number | 2013-35-440-00-0401-0 | Improvements Assessment | $5,082 |
| Land Assessment | $674 | Total Assessment | $5,756 |
Property Taxes
Parcel Number
2013-35-440-00-0401-0
Land Assessment
$674
Improvements Assessment
$5,082
Total Assessment
$5,756
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