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20917214
20917215

1883-1885 Grand Ave, Baldwin, NY 11510

AL
NY 40LA1098665
Global Realty Services
Listed by Global Realty Services
$800,000
544 days on market
Updated 147 days ago

Retail Storefront in Baldwin, NY

Details
APN 2089-36-424-00-0251-0
Property Type Retail
Sub Type Storefront
Square Footage 3,200
Units 2
Cap Rate 4.63%
NOI $37,065
Occupancy 100%
Tenancy Multi
Price per SqFt $250
Class C
Year Built 1962
Buildings 1
Stories 1
Acreage 0.090
Ownership Fee Simple

Retail | 4.63% CAP | 3,200 SqFt

Marketing description

Introducing the vibrant "Baldwin Corner Retail Storefront" at 1883-1885 Grand Ave, Baldwin, NY 11510! This prime investment opportunity features a fully-occupied 3,200 SF building set on a 3,880 SF lot in Nassau County, boasting a convenient location surrounded by various retail establishments and amenities. With a current NOI of $37,065 and a competitive price of $800,000, this property offers a solid 4.63% cap rate. Positioned in a high-traffic area with strong demographics including a 2024 average household income of $186,025 within a 1-mile radius, this is an attractive venture for savvy investors looking to add a stable income-producing asset to their portfolio. Don't miss out on this turnkey commercial property in Baldwin, NY - inquire today!

Listing Contacts

AL
NY 40LA1098665
Global Realty Services
Listed by Global Realty Services

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$37,065.00
$3,088.75/mo

Valuation Metrics

0
DSCR
4.63%
Cap Rate
4.63%
ROI

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Additional Information

Name
Andy Lau
License
40LA1098665
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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