Sell A Long Island Multi-Family Rental For Cash. We Buy Occupied Buildings With No Eviction Required.
Two-family, three-family, four-family, and small apartment buildings throughout Nassau County. Tenants stay through closing. Section 8 leases respected. Holdovers and active evictions taken on. Close in 14 days or your portfolio timeline.
Long Island multi-family rentals are a different game than single-family sales. The numbers reflect occupied versus vacant, the tenants come with the contract, and Nassau housing court can swallow eighteen months before you get anyone out. The seller in this situation is the tired landlord done with three a.m. boiler calls, the investor liquidating a portfolio, the inherited owner who never wanted the building, or the family that bought two-family in 1978 and is finally ready to be done. Prime Realty Buyers buys Long Island multi-families direct for cash, occupied or vacant. Tenants stay through closing. You don’t have to evict.
WE BUY:
- Occupied closings. Tenants stay through closing. We take the rental as it stands.
- Two-family, three-family, four-family, and small apartment buildings throughout Long Island.
- Zero commissions. No listing-side fee. No buyer-side credit.
- All-cash offers. No mortgage contingency, no DSCR loan timing, no appraisal contingency.
- Close in 14 days, 30 days, or your portfolio timeline. Multiple buildings handled together.
- 24-hour written offer based on current rents, occupancy, and condition. No tenant disruption.
Get Your Cash Offer Today
Fill out this quick form and we'll get back to you within 24 hours.
Your information is private and never shared.
or
Call Us 516-218-0365or
Trusted by Long Island landlords with multi-family rentals in Hempstead, Freeport, Baldwin, Westbury, Mineola, Inwood, Uniondale, Elmont, Hicksville, Valley Stream, and Lynbrook.
Why Long Island Landlords Sell Their Multi-Families To Us
Multi-family rentals carry rules of their own. You can’t sell one like a single-family because you can’t show it like a single-family. Tenants live there. The numbers come from rent rolls, not Zillow comps. The exit timeline depends as much on Nassau housing court as it does on the closing attorney. We buy Long Island multi-families direct from landlords who are done with all of it.
Two-family, three-family, and small apartment building offers based on the numbers that matter.
We price multi-families off current rents, vacancy, condition, and the cap rate that fits the block. Not the Zillow estimate. Not the comp that closed three years ago when rates were three percent. Whether you’ve got a side-by-side two-family in Freeport, a stacked three-family in Hempstead, or a six-unit in Hicksville, the math runs the same. We walk the building once, look at the leases or month-to-month status, and write the offer within 24 hours.
Occupied versus vacant priced honestly on both sides.
Vacant multi-families price higher, but only if vacant happens naturally. We don’t ask you to deliver vacant possession. We don’t ask you to evict. We price the building with tenants in place at current rents, and we close with them in place. If a unit vacates before closing, we adjust. If three units stay occupied at below-market rents, that reflects in the number. The contract price reflects the building you actually have, not the building a retail buyer wishes you had.
Tired landlords exit without the eighteen-month housing court timeline.
Nassau housing court evictions drag eight to eighteen months on a good run. ERAP backlogs, hardship declarations, holdover defenses, appearance delays, all of it. If you’ve got a non-paying tenant and you’ve been fighting it since 2024, you know. We buy buildings with active evictions, holdover situations, and non-paying tenants. We take over the situation post-closing. You don’t sit through one more 9 a.m. calendar call in Mineola. You don’t pay your landlord attorney another retainer.
Investor portfolios liquidated as a package or one building at a time.
If you’ve got three duplexes in Hempstead, a four-family in Freeport, and a six-unit in Hicksville, we can close them together or stagger them. Same offer process, same as-is purchase, same Long Island closing attorney coordination. Portfolio sellers often want capital out faster than retail listing can deliver across multiple addresses. We move multi-property closings on a 14-day or 30-day cadence, with one offer letter covering every address and one set of closing logistics.
Other reasons Long Island landlords sell to us:
- Rental wear factored into the offer, not held against you
- Section 8 leases respected and honored post-closing
- Code violations and open work orders absorbed at closing
- No staging, no tenant disturbances, no retail showings
You stop being a landlord on closing day. We take it from there.
We Buy Multi-Family Rentals As-Is
Multi-family wear doesn’t stop our offer. Long-term tenants leave marks. Older systems work until they don’t. We absorb the condition and price the building based on what it actually is.
✓
Original boilers serving two-family and three-family stacked layouts, oil or gas, still running rough
✓
Separate utility meters that should have been split years ago but never were
✓
Shared common areas in disrepair: hallway carpet, staircases, exterior steps, mailbox banks
✓
Original bath and kitchen sets in tenant units, untouched since the eighties or earlier
✓
Carpet over hardwood in every unit, vinyl flooring layered three deep in kitchens
✓
Old electrical panels, 100-amp services that should be 200-amp, knob-and-tube in older buildings
✓
Roofs needing replacement, gutters held together with sealant, soffit damage from squirrels and weather
✓
Basement water, finished basement units operating without proper certificates of occupancy
✓
Buried oil tanks active or abandoned, including South Shore Sandy-era saltwater intrusion cases
✓
Open building permits, missing certificates of occupancy for unit conversions
✓
Illegal basement apartments, illegal attic units, accessory dwelling units without paperwork
✓
Code violations from the Town building department, open work orders, fire code citations
✓
Section 8 inspection failures, deferred maintenance from years of break-fix instead of replacement
✓
Tenant-damaged units, hoarder-condition units, units the landlord hasn’t entered in years
We take the building as it stands. The next landlord, which is us, handles the rest.
Why Choose Prime Realty Buyers
✓
Local Long Island buyer with multi-family experience across Nassau County
✓
Direct cash purchase with our own funds.
✓
Multi-family pricing built off rent roll, vacancy, condition, and block-appropriate cap rates, not retail single-family comps
✓
Occupied closings standard. No eviction required. Tenants stay through closing with leases respected.
✓
Portfolio sellers handled: multi-property contracts, staggered or simultaneous closings, one offer letter covers every address
✓
Section 8 leases respected, holdover situations absorbed, active Nassau housing court evictions taken on post-closing
✓
Written offer within 24 hours of walkthrough. No bait pricing. No drops at the closing table.
✓
Every Long Island multi-family format: two-family, three-family, four-family, six-unit, twelve-unit, mixed-use storefronts
Specific Multi-Family Situations We Buy In
Two-family side-by-side with both units occupied at below-market legacy rents
Three-family stacked with one paying tenant and two vacant units waiting to be turned
Four-family with a holdover tenant the landlord stopped trying to remove eighteen months ago
Small apartment building (six to twelve units) with mixed occupancy and aging systems
Multi-family with Section 8 tenants on long-term vouchers, paid on time, low maintenance
Building with an active eviction in Nassau housing court that has been dragging since 2024
Investor liquidating a portfolio of three to ten Long Island multi-family addresses at once
Inherited multi-family the heirs never wanted to manage, with or without tenants in place
Multi-family with code violations or open Town building department citations the owner hasn’t cleared
Multi-family with illegal basement, attic, or accessory units the landlord wants to be done with
Nassau Areas We Buy In
We buy multi-family rentals across Nassau County, including Hempstead, Freeport, Baldwin, Westbury, Mineola, Inwood, Uniondale, Elmont, Hicksville, Valley Stream, and Lynbrook. We also buy in every other Nassau village and incorporated town across the county.
Real Seller Stories
“I owned a four-family in Hicksville for sixteen years. Bought it before my daughter was born, she’s almost grown now. Two of the tenants had been there a decade, paying below market. The other two were turning over every fourteen months. The building needed a new roof, a new boiler, the rear porch was rotting. I was done. My CPA ran the numbers on listing it versus selling fast. Prime Realty Buyers gave me a number based on rents and condition. Closed in twenty-six days. Tenants didn’t know anything had changed until the new management letter arrived.”
Tariq, Hicksville
“Eight buildings across Hempstead, Baldwin, and Freeport. I’d been buying them since 2009, holding them, refinancing, holding more. Forty-seven units total. My wife and I decided last spring we were done. We talked to brokers, we talked to syndicators, we talked to two wholesalers. Prime Realty Buyers gave us one offer letter covering all eight addresses. We closed them on a thirty-day cadence, two a week. They took the buildings with the tenants in place, the leases in place, the Section 8 paperwork. We exited the landlord business in three months instead of two years on retail.”
Cordell, Hempstead
“Tres familias en Freeport. Three-family. I bought it in 2012, lived in the basement unit for three years while I fixed up the others. Bilingual building, mostly Hispanic tenants, all Section 8. I had a good run but my back was telling me it was time. Prime Realty Buyers respected the Section 8 leases, no questions about getting the tenants out. They priced based on the rent roll, not comps from other blocks. Closed in three weeks. The tenants kept paying their share to the new owner. Nobody got displaced. I bought a condo in Florida.”
Esteban, Freeport
“My father bought the two-family in 1971. I grew up in the upstairs unit, my grandparents lived downstairs. After my parents passed, I rented both sides for nine years. Got tired of the calls. The boiler went out in February of last year, I paid eleven grand, that was the moment I said enough. Prime Realty Buyers came through, offered fair money for an old building that needed work, took it as it stood with the downstairs tenant in place. Closed in nineteen days. I drove away from Westbury for good.”
Bartolo, Westbury
“My husband and I inherited a three-family from his mother in 2022. None of us had ever been landlords. Three sets of tenants, three different leases, three different complaints every month. The basement flooded twice in the first year. The Town of Hempstead sent a violation notice about the back stairs. We were spending more time managing the building than running our actual business. Prime Realty Buyers walked through, gave us a number, handled the tenants post-closing. They even took on the violation notice. Closed in twenty-eight days. We are not landlords anymore and we are happier.”
Lourdes, Uniondale
Sound Like Your Situation?
Get a written cash offer within 24 hours based on rent roll and condition. No obligation. No tenant disruption. No listing contract.
Our 3-Step Process
Contact us.
Call 516-218-0365 or submit the form. Tell us the addresses, the unit counts, the occupancy status, and whether any tenants are in active eviction. Five minutes.
Walkthrough and offer.
We walk the building (or buildings) with you. Tenants don’t need to be disturbed. Written cash offer within 24 hours based on rent roll and condition.
Pick your closing date.
Fourteen days, thirty days, or staggered across a multi-property portfolio. You set the timing. Your closing attorney runs the documents.
Prime Realty Buyers Vs Traditional Listing
| Factor | Prime Realty Buyers | Traditional Listing |
|---|---|---|
| Occupied closing | Tenants stay through closing, no eviction needed | Most retail buyers require vacant possession |
| Vacant possession demands | None, building bought as-is with current tenants | Buyer’s contract typically requires units delivered vacant |
| Investor portfolio liquidation | One offer letter covers multiple addresses | Each property listed separately, each with its own timeline |
| Multi-property coordination | Closings staggered or simultaneous on your schedule | Three buildings, three retail timelines, three sets of disruption |
| Nassau housing court timeline absorption | We take active evictions and holdovers post-closing | Retail buyer won’t close until tenants are out, 8 to 18 months wait |
| Section 8 lease handling | Leases respected, HAP payments continue post-closing | Buyer often wants Section 8 tenants displaced before closing |
| Repairs required | Zero | $40K to $200K typical for older multi-family |
| Commissions | Zero | 5% to 6% of sale price |
| Closing timeline | 14 to 30 days | 90 to 180 days from list to close |
| Inspections | None | Buyer’s inspector finds every code violation |
| Appraisal contingency | None | Lender requires it, DSCR appraisal can hold up closing |
| Financing contingency | None | Retail multi-family buyers need investor mortgages |
| Showings | One walkthrough, no tenant disturbance | Multiple showings, tenants notified each time |
| Buyer credits | Zero | $10K to $40K standard for multi-family condition |
| Listing prep cost | $0 | $15K to $60K to make a multi-family listable |
FAQs
Do you buy multi-family rentals with tenants in place?
Yes. Occupied closings are standard for us. Two-family, three-family, four-family, small apartment buildings, mixed-use storefronts with apartments above. The tenants stay through closing. The leases come with the building. We handle the tenant relationship post-closing, including rent collection, repairs, and any lease renewals or non-renewals.
What about non-paying tenants or active evictions?
We buy those too. Nassau housing court evictions drag eight to eighteen months on a good run. You don’t have to wait for the judge. We take the building, we take the situation, and we handle the eviction or workout post-closing. There’s no requirement that you deliver a vacant unit or resolve the case before we close.
How do you price a multi-family rental?
On the numbers that matter for the building you actually have: current rents, vacancy, condition, location, the cap rate that fits the block. Not a single-family comp three streets over. We walk the building once, look at the rent roll and leases, and write an offer within 24 hours of the walkthrough.
Do you respect Section 8 leases?
Yes. Section 8 voucher tenants are good business: HAP payments arrive on time, the tenants take care of units, and turnover is lower than market-rate. We respect the leases, continue receiving HAP payments post-closing, and don’t push to displace anyone. The Section 8 paperwork transfers with the property through the local housing authority.
I have three buildings across Nassau. Can you buy them together?
Yes. Portfolio sellers are a big part of our multi-family business. One offer letter covers every address. We can close them on a staggered cadence (two a week, one a week, whatever fits your tax planning) or simultaneously if your lender, 1031 timing, or estate planning requires it. Same as-is purchase across every building.
¿Compran propiedades de varias familias en Long Island?
Tengo una de tres familias en Freeport. Sí. Compramos propiedades de dos familias, tres familias, cuatro familias y edificios pequeños de apartamentos en todo Long Island, incluyendo Freeport, Hempstead, Inwood, Uniondale, Hicksville, y otros pueblos del condado de Nassau. Compramos con inquilinos en su lugar. No tiene que desalojar a nadie. Respetamos los contratos de Sección 8. Llame al 516-218-0365 y le explicamos el proceso completo en español.
What if my multi-family has code violations or open building department citations?
We buy as-is including code violations, open work orders, and citations from the Town of Hempstead, Town of North Hempstead, Town of Oyster Bay, or the relevant Village building department. We absorb the resolution post-closing. You don’t pay an expediter to clear the file before we close. Fire code violations, electrical violations, occupancy violations, all handled on our side.
Do you buy multi-family with illegal basement or attic apartments?
Yes. Illegal accessory units are extremely common in Long Island multi-family inventory. Unpermitted basement apartments, attic conversions, and accessory dwelling units without certificates of occupancy. We buy as-is and resolve the CO situation post-closing or operate the building within the legal unit count after closing.
What about inherited multi-family rentals?
Yes. Many of our multi-family sellers inherited the building and never wanted to be landlords. We buy through probate, through Letters Testamentary, or through affidavit of heirship when the estate qualifies and the title company can insure the file. Tenants stay through closing. Your estate attorney handles the document coordination on the estate side.
How long does the whole thing take?
First call to written offer: 24 hours. Contract signing: within a week. Closing: 14 to 30 days on a single building. Multi-property portfolios run on staggered closing schedules across 30 to 90 days depending on lender coordination, 1031 timing requirements, or your own pacing preferences.
Do I have to tell my tenants we’re selling?
No requirement on our end. New York law requires you to notify tenants of the change of ownership after closing (we handle that notification letter post-closing), but you don’t have to disclose pre-closing. We walk the building once with you, with the lightest possible disruption. No realtor showings, no open houses, no Zillow listing announcing the sale.
Are there any fees, commissions, or closing costs I pay?
No. We pay customary closing costs including title insurance, recording fees, and transfer taxes. No realtor commission. No buyer credits. No inspection requests. The contract price is what hits your account at closing minus any liens, mortgage payoffs, or tax warrants on the property.
Get Your Cash Offer Today
The eighteen-month housing court timeline isn’t your problem. The deferred maintenance isn’t your problem. The Section 8 paperwork isn’t your problem. The Town violation letter isn’t your problem. One walkthrough, one written cash offer, one closing on your schedule, with the tenants staying right where they are.