22 Fairview Boulevard, Hempstead, NY, 11550 | $829,000

Welcome to 22 Fairview Blvd in Hempstead! This is a rare opportunity to own a LEGAL 3-family Tudor just minutes from Hofstra University, the LIRR, and major highways, making it ideal for investors, house hackers, and multi-generational living alike! With three spacious units and classic architectural charm, this property offers both income potential and long-term flexibility. With two 3 bed/1 bath units (1st and 2nd floor) and a 2 bed/1 bath unit (3rd floor), hardwood floors, gas cooking/heat, a full basement with a common laundry area, an additional full bathroom and wet bar, the possibilities are endless! A detached 3-car garage provides additional income opportunity or valuable storage. For Investors: Strong rental demand driven by proximity to Hofstra University and the Hempstead LIRR station. Three legal units create diversified income streams in a commuter-friendly location! For House Hackers: Live in one spacious 3-bedroom unit while the other two units offset your mortgage. A rare opportunity to build equity while dramatically reducing your monthly living costs! For Multi-Generational Living: Keep everyone close while maintaining privacy. Separate units allow for independence, shared expenses, and long-term flexibility — all under one roof. Legal multi-families in prime Hempstead locations do not come available often. Whether you’re building wealth, offsetting your housing costs, or creating space for extended family, this property delivers options! Boiler - 2022, HWH - 2017, New Garage Doors - 2024, 150 Amp Panel! Don't miss this prime opportunity! *Photos have been digitally enhanced to remove snow*

Features

  • Bedrooms: 8
  • Baths: 3 full
  • Laundry: Common Area, In Basement, Laundry Room
  • Style: Tudor
  • Year Built: 1930
  • Garage: 3-car
  • Heating: Natural Gas
  • Cooling: Wall/Window Unit(s)
  • Basement: Full, Partially Finished, Storage Space
  • Acreage: 0.19
  • Est. Taxes: $22,735
  • Lot Desc: Back Yard, Front Yard, Near Public Transit, Near School, Near Shops, Paved
  • Elem. School: Jackson Main Elementary School
  • Middle School: Alverta B Gray Schultz Middle Sch
  • High School: Hempstead High School
  • School District: Hempstead
  • MLS#: 965930
  • Days on Market: 7 days
  • Website: https://www.raveis.com
    /prop/965930/22fairviewboulevard_hempstead_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Annie FranzenSales Associate

203.581.3168

Annie.Franzen@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com
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  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Christine PrestonVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 90874

203.521.7207

Christine.Preston@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Rosemarie DePasqualeInsurance Sales Director, William Raveis Insurance

203.561.0013

Rosemarie.DePasquale@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

22 Fairview Boulevard, Hempstead, NY, 11550

$829,000

Annie Franzen

Sales Associate

William Raveis Real Estate

Phone: 203.581.3168

Annie.Franzen@raveis.com

Christine Preston

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.521.7207

Christine.Preston@raveis.com

NMLS Mortgage Loan Originator ID 90874

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $663,200 $663,200 $663,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.250% 6.000% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.069% 6.110% 5.932%
Monthly Tax Payment $1,895 $1,895 $1,895
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,662 $3,976 $5,507
Total Monthly Payment $5,649 $5,963 $7,494

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.