- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around





Street View
$814,500
Monthly Est:$4,054
2 Beds
- -- Bath
1,163sqft
248 Guy Lombardo Ave, Hempstead, NY 11520
$814,500
$4,054/moEst:
Get Pre-Approved
Duplex
Built in 1925
$-- HOA
8,541 sqft lot
$700/sq.ft
Description
Welcome to this exceptional, legal two-family residence located on a prime, beautifully landscaped large corner lot (75' x 125') in the heart of Nassau County. Featuring a rental permit in place and a reliable, problem-free tenant already generating $1,700 per month under lease, this property represents an outstanding investment opportunity or an ideal mother-daughter setup with income potential.
Property Highlights & Mechanicals
Lot & Exterior: Expansive 75' x 125' corner lot with professional landscaping, a lawn sprinkler system, a 4-car concrete driveway, and a detached single-car garage with electricity. Additional exterior amenities include three outdoor water spigots (with hot water access), a storage shed with a newer roof, and a side entrance to the basement.
Systems & Utilities: Powered by cost-efficient Freeport Electric with two separate electric meters, 200-amp service, and two separate gas meters. Equipped with independent gas heating, central station alarm, updated smoke and carbon monoxide detectors, and a 10-year-old roof.
Basement: Full unfinished storage basement featuring a washer and dryer, hot water tank, and gas boiler.
Apartment 1
A beautifully appointed main living space showcasing real hardwood floors, exquisite crown molding, and brand-new porcelain tile flooring.
Layout: Primary bedroom, newly renovated full bath, spacious living room, dining room, kitchen, personal gym space, and a large windowed porch.
Kitchen & Comfort: Outfitted with a new refrigerator, electric stove, and Energy Star appliances, complemented by generous closet space throughout.
Apartment 2
Layout: Private bedroom, comfortable living room, kitchen, full bath, two spacious closets, and a pantry.
Kitchen & Income: Features a large refrigerator, gas stove, and Energy Star appliances. Currently rented with a dependable tenant in place, generating $1,700 per month in rental income.
Location & Convenience
Ideally situated in Freeport School District (Elementary School District 009 / Archer Street School just two blocks away), this home offers incredible walkability. Enjoy being just minutes away from the famous Nautical Mile, local supermarkets, shopping, dining, and neighborhood parks.
A rare find offering both charm and strong income generation in a prime South Shore location!
- Houzeo last checked: 4 minutes ago
- Listing updated: November 6, 2026 at 10:01 am
- Listing Provided by: John C. Gandolfo (516) 779-8423 , Barbara L. Gandolfo | Coldwell Banker American Homes (516) 223-2525
- Source: OneKey MLS-NY as distributed by MLS GRID | MLS#: 1069741

Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1925
HOA Fees
-
Finished Area
1,163 sqft
Lot Size
8,541 sqft lot
Basement Area
- sqft
MLS Name
OneKey MLS
MLS Number
1069741
MLS Status
Active
Days on Market
6
Cumulative Days on Market
1

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 2
Bathroom: --
Interior
Interior Features
First Floor Bedroom, First Floor Full Bath, Eat In Kitchen
Cooling
Wall/window Unit(s)
Sewer
Public Sewer
Heating
Natural Gas
Flooring
Hardwood
Construction
Year Built
Year Built: 1925
Home type
Duplex
Construction Materials
Frame, Vinyl Siding
Utilities & Energy
Water Source
Public
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Parking Features
Driveway, Garage
Basement
Unfinished
Price History
| Date | Event | Price |
|---|---|---|
11/05/2026 Source: | Listed for Sale | $814,500 $700/sqft |
Find Homes by Property Features in Hempstead, NY
Based on information from OneKey MLS® through Nov 12, 2026, 07:16AM as submitted to and distributed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. © 2026 OneKey MLS. All rights reserved.
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