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3840 Linden PlaceHempstead, NY 11550

For Sale

$695,000

Smart Buyer Rebate $4,875

Great Investment Opportunity! This legal two-family, high-ranch style home offers a massive seven-bedroom layout in a prime location.
First Floor: Features an open living/dining area, eat-in kitchen, three spacious bedrooms, and one full bathroom. This unit includes access to a full finished basement with dedicated laundry and utility space.
Second Floor: Offers a large living/dining area, eat-in kitchen, four bedrooms, and one full bathroom.
The Investor's Edge: Both units are Section 8 approved with reliable rental history. The property features 2 separate meters for gas, 2 separate meters for electric, (two boilers/two hot water heaters), significantly lowering landlord overhead. Additional highlights include hardwood floors throughout and a four-car driveway plus ample street parking.
Income Details:
Unit 1: $2,550/month, Voucher renewal 5/1/2026 with 5% increase to $2,677.50.
Unit 2: $2,739/month, Voucher renewal 2/1/2026.
Note: HOME WILL BE DELIVERED WITH EXISTING TENANTS AND LEASES TO TRANSFER TO NEW BUYER.

Listed by John C. Gandolfo

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Coldwell Banker American Homes

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516-223-2525

Listed by Barbara L. Gandolfo

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Coldwell Banker American Homes

Last updated March 16, 2026

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Source: OneKey #951139

Listing Facts

  • TypeMulti-family
  • NeighborhoodHempstead
  • Bedrooms7
  • Bathrooms2
  • Days on Prevu107
  • Taxes$17,747.42/year

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

03/05/2026
Price Decreased
$695,000
01/13/2026
Listed by Coldwell Banker American Homes
$749,000

Property Details for 3840 Linden Place

Exterior

Construction

  • Number Of Units Total: 2
  • Property Condition: Actual
  • Year Built: 1962
  • Architectural Style: Hi Ranch, Other
  • Construction Materials: Frame

Measurements

  • Building Area Total: 2,000
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.11
  • Lot Size Dimensions: 50,100
  • Lot Size Square Feet: 5,000

Financial

Residential Income

  • Gross Income: $60,000.00

Taxes

  • Parcel Number: 2013-34-384-00-0215-0
  • Tax Annual Amount: $17,747.42
  • Tax Assessed Value: $301.00
  • Tax Year: 2024

Interior

Features

  • Flooring: Carpet, Hardwood
  • Interior Features: First Floor Bedroom, First Floor Full Bath

Rooms

  • Basement: Finished, Full
  • Has Basement: Yes
  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 7

Parking

Parking

  • Parking Features: Driveway
  • Parking Total: 3

Schools

Elementary School

  • Elementary School District: Hempstead

High School

  • High School: Hempstead High School
  • High School District: Hempstead

Middle or Junior School

  • Middle Or Junior School: Alverta B Gray Schultz Middle Sch
  • Middle Or Junior School District: Hempstead

Utilities

Equipment

  • Heating: Hot Water, Natural Gas
  • Laundry Features: In Basement
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 7 bedrooms and 2 bathrooms in this multi-family home at 3840 Linden Place.

What schools are nearby to 3840 Linden Place?

Nearby schools include the Alverta B Gray Schultz Middle Sch and Hempstead High School.

Does this multi-family home have parking?

Yes, there are 3 parking spaces available for 3840 Linden Place.

What are the annual taxes for 3840 Linden Place?

Annual taxes for this multi-family home are estimated at $17,747.

How does 3840 Linden Place compare to other multi-family homes in Hempstead?

This multi-family home is listed 6% below the average price for multi-family homes in Hempstead and has been on the market for 1 more day than the typical home in this area.

3840 Linden Place is a 7-bedroom, 2-bath multi-family home for sale in Hempstead NY 11550. Available on Prevu for 107 days at $695,000. This includes a recent price decrease of $54,000. This residence is located in Hempstead. The median listing price for multi-family homes in this area is $650,000. Nearby schools include Alverta B Gray Schultz Middle Sch and Hempstead High School. Property amenities include parking. View other multi-family home listings in New York.

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2026, OneKey™ MLS. All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.