159 Stewart Avenue
About this property
3-bedroom, 1-bath home being sold as a short sale, subject to bank approval. Property is in need of a full renovation—upper level is down to the studs and subfloor, and the basement remains unfinished. Due to its current condition, the home is not mortgageable and will require a cash purchase or alternative financing. Ideal opportunity for investors, builders, or buyers looking to complete a custom project. Sold as-is.
Listing details
- Property Type
- Residential
- Sub-Type
- Single Family Residence
- Year Built
- 1932
- Living Area
- 1,209 sqft
- Lot Size
- 4,160 sqft
- County
- Nassau County
- MLS #
- KEY977490
- Status
- Pending
Street view & aerial
Imagery © Google. Street View and satellite data may not reflect current property condition.
FMR for Hempstead, NY 11550
FY2025 · Nassau-Suffolk HUD Metro FMR Area
All bedroom sizes — ZIP 11550
| Unit Size | Monthly FMR | Annual Gross |
|---|---|---|
| Studio | $1,900 | $22,800 |
| 1 Bedroom | $2,156 | $25,872 |
| 2 Bedroom | $2,530 | $30,360 |
| 3 BedroomSubject | $3,190 | $38,280 |
| 4 Bedroom | $3,530 | $42,360 |
Source: U.S. Department of Housing & Urban Development — Nassau-Suffolk HUD Metro FMR Area, FY2025. FMR represents the 40th-percentile gross rent under the Section 8 Housing Choice Voucher program. Market rents in stable Long Island submarkets typically run 110–130% of FMR.
Mortgage calculator
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Questions about this listing
Is 159 Stewart Avenue in Hempstead still available?
Inventory changes daily. 159 Stewart Avenue is currently listed as Pending in OneKey® MLS. Contact East End Luxury Ltd. at (516) 449-2783 for the most up-to-date status, including any pending offers, auction date, or short-sale lender response.
Can I tour a foreclosure or short sale on Long Island?
Yes. Most distressed properties on Long Island, the Hamptons, and East End are available for showings by appointment. We coordinate access with the listing brokerage, asset manager, or seller's attorney and can typically schedule a tour within 24–72 hours.
How do offers work on a short sale or REO listing?
Short sales require lender approval and typically take 60–120 days from accepted offer to closing. REO/bank-owned listings follow asset-manager addenda and usually close in 30–45 days. Cash offers and pre-approved buyers receive priority. We guide you through every step.
Listings courtesy of OneKey® MLS as distributed by MLS GRID.
Listing last updated: 08/27/2026, 05:17 PM ET
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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