38
Map
$1,299,000
●
House -
For Sale
5 Seaton Gate
Hempstead, NY 11580
2 Beds
1 Bath,
2
Half Baths
3,557 Ft²
$7,976
Est. Monthly
About This Property
Prime investment opportunity! This corner mixed-use property boasts
exceptional visibility and public exposure in a high-traffic
location. The building offers a total of 3,557 interior square
feet. The first floor features two commercial medical office
spaces, currently without active leases, presenting a blank canvas
for owner-operators or investors seeking strong rental potential.
The second floor is a renovated (2019) residential unit with two
bedrooms and one full bath. A full, unfinished basement provides
ample storage or future expansion possibilities. With its strategic
corner placement and versatile layout, this property is ideal for
investors and/or end-users looking to maximize exposure and income
potential.
Unit Size
3,557 Ft²
Days on Market
118 days
Land Size
0.20 acres
Price per sqft
$365
Property Type
House
Property Taxes
$1,597
HOA Dues
-
Year Built
1946
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (OneKey MLS #KEY1008979)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 4, 2026 | Listed by Douglas Elliman Real Estate | $1,299,000 | |
| Listed by Douglas Elliman Real Estate | |||
| Mar 23, 2026 | No longer available | - | |
| No longer available | |||
| Sep 22, 2025 | Listed by Douglas Elliman Real Estate | $1,499,999 | |
| Listed by Douglas Elliman Real Estate | |||
   | |||
|
Prime investment opportunity! This corner mixed-use property boasts exceptional visibility and public exposure in a high-traffic location. The building offers a total of 3,557 interior square feet. The first floor features two commercial medical office spaces, currently without active leases, presenting a blank canvas for owner-operators or investors seeking strong rental potential. The second floor is a renovated (2019) residential unit with two bedrooms and one full bath. A full, unfinished basement provides ample storage or future expansion possibilities. With its strategic corner placement and versatile layout, this property is ideal for investors and/or end-users looking to maximize exposure and income potential.
| |||
Property Highlights
Parking Details
Has Garage
Parking Features: Parking Lot, Private
Garage Spaces: 2
Interior Details
Half Bathrooms: 2
Full Bathrooms: 1
Interior Features: Other
Appliances: Other
Rooms: 14
Basement: See Remarks
Exterior Details
Square Footage: 3557
Square Footage Source: $0
Architectural Style: Exp Cape
Year Built: 1946
Building Area Total: 3557
Building Area Units: Square Feet
Construction Materials: Brick, Frame
Lot Size Area: 8571
Lot Size Units: Square Feet
Lot Size Acres: 0.1968
Lot Size Square Feet: 8571
Water Source: Public
Financial Details
Tax Annual Amount: $19,169
Utilities Details
Cooling Type: Wall/Window Unit(s)
Heating Type: Natural Gas, Other
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About North Valley Stream
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Last Updated: 4 months ago
Data Source: OneKey MLS
Data Source: OneKey MLS
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Address: 335 Madison Avenue, New York, NY 10017