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$1,399,999
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Property Description
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
Full Property Details
Full Property Details for 22 Virginia Ave
General
- Price: $1,399,999
- Taxes: $30,388
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 975906
- Updated: 3/25/2026
- Added to Site: 10 day(s) ago
Interior
- Interior Features: First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Parking
- Parking Features: On Street
Location
- County: Nassau County
- Cross Streets: W Graham Avenue
- Driving Directions: Use GPS
School Information
- High School District: Hempstead
- Elementary School: Joseph McNeil School
- Middle School: Alverta B Gray Schultz Middle Sch
- High School: Hempstead High School
Heating & Cooling
- Cooling Type: None
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Structural Information
- Architectural Style: Other
- Detached/Attached: Detached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Full Basement, Unfinished
- Building Size: 4320
- Square Feet: 4,320
- Year Built: 1950
Lot Features
- Lot Size (Acres): 0.0918
- Lot Size (Sq. Ft.): 4,000
- Lot Dimensions: 40 x 100
- Road Maintenance: Public Maintained Road
- Lot Features: Level
Financial Considerations
- Tax Amount: $30,388
Disclosures and Reports
- Special Conditions: In Foreclosure
- Property ID: 2013-36-055-00-0089-0
- Block: 55
- Lot Number: 89
Listed by Howard Hanna Coach
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Schools
Schools serving 22 Virginia Ave
School District:Hempstead Union Free School District
| Name | Grades | Distance |
|---|---|---|
Joseph McNeil School 335 South Franklin Street, Hempstead, NY 11550 | 1-6 | 0.3 mi |
Prospect Elementary School, Hempstead, NY 265 Peninsula Boulevard, Hempstead, NY 11550 | PK-K | 0.8 mi |
Alverta B Gray Schultz Middle School 70 Greenwich Street, Hempstead, NY 11550 | 6-8 | 0.8 mi |
Hempstead High School 201 President Street, Hempstead, NY 11550 | 9-12 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 22 Virginia Ave
Date
Details
Price
Change
Source
3/25/2026
Listed
$1,399,999
182.83%
MLS
8/02/2006
Sold
$495,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 22 Virginia Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$17,465
1878%
$4,071
—
2024
$883
-95%
$4,071
—
2023
$17,342
-7%
$4,071
—
2022
$18,655
-8%
$4,071
23%
2021
$20,280
-20%
$3,313
-1%
2020
$25,235
3%
$3,360
—
2018
$24,420
—
$3,360
—
2016
$24,396
-3%
$3,360
—
2019
$25,235
9%
$3,360
—
2016
$23,133
-1%
$3,360
—
2015
$23,260
-9%
$3,360
-21%
2014
$25,669
—
$4,232
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 22 Virginia Ave
22 Virginia Avenue, Hempstead, NY 11550 (MLS# 975906) is a Multi-Family property with 4 units containing 8 bedrooms and 4 full bathrooms. 22 Virginia Avenue is currently listed for $1,399,999 and was received on March 25, 2026. Want to learn more about 22 Virginia Avenue? Do you have questions about finding other Multi-Family real estate for sale in Hempstead? You can browse all Hempstead real estate or contact a Coldwell Banker agent to request more information.
