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1884-1892 Grand Ave
Baldwin, NY 11510 Baldwin

$3,000,000 USD

Apartments For Sale  •  9,650 SF

Property Details

  • Property Type Apartments
  • Total Building Size 9,650 SF
  • Lot Size 0.24 AC
  • Building Class C
  • Year Built 1925
  • Cap Rate 6.50 %
  • Zoning B-MX
40 Transit Score
82 Walk Score

Description 

Small shopping center with 10 units (5 stores & 5 apts) & five parking spaces.

Highlights

Two story brick building - 5 Stores & 5 Apts
100% Occupancy.

Property Flyers

Financial Summary (Actual)

Net Operating Income: $194,872 USD (2024)
Cap Rate: 6.50 %
Total Expenses: $106,616 USD

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Controlled Access
  • Tenant Controlled HVAC
  • Heating
  • Gas Range
  • Refrigerator
  • Oven
  • Range
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Baldwin Station (Babylon Branch - Long Island Rail Road) 2 min 12 min 0.6 mi
Freeport Station (Babylon Branch - Long Island Rail Road) 4 min - 1.8 mi
Transit/SubwayDriveWalkDistance
Baldwin Station (Babylon Branch - Long Island Rail Road) 2 min 12 min 0.6 mi
AirportDriveWalkDistance
John F Kennedy International 19 min - 12.3 mi
LaGuardia 30 min - 19.7 mi
Long Island MacArthur 45 min - 31.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 14
Type: Surface
Included in Rent: Yes
Ryan Rodger 516-223-6200 United Properties Corp.
Ryan Rodger 516-223-6200 United Properties Corp.