For Sale: Baldwin Office Building in Baldwin, New York

2322 Grand Ave, Baldwin, NY 11510

Executive Summary:

Price:	$1,500,000
Building Size:	4,800 SF
Property Type:	Office
Lot Size:	0.25 Acres
Year Built:	1972
Price PSF:	$312.50
Projected NOI:	$76,610
Location:	2322 Grand Ave, Baldwin, NY 11510

Property Highlights

Office Building with 5 Units
Vacant Spaces Provide for Great Lease-Up Opportunities
Great Opportunity For an Owner-User or Savvy Investor
Near Sunrise Highway, Baldwin LIRR Train Station, Buses, & Neighborhood Retail Stores
Features On-Site Parking with 17 Spaces

Property Overview

American Investment Properties is retained to sell the property located at 2322 Grand Ave in Baldwin, New York. At this location is a strong office opportunity for an owner-user or savvy investor. The vacant spaces provide for great lease-up opportunities.

This property is located right off the convenient Sunrise Highway and Baldwin Long Island Rail Road Station. The N35 bus route also runs in front of the property. This area has several national credit retail tenants such as a 7-Eleven, Best Buy, Applebee’s, and more.

Features of this property include on-site parking with 17 parking spaces and street parking to accommodate the building’s traffic.

About Baldwin

Baldwin is a hamlet in Nassau County located in the township of Hempstead, on Long Island New York. According to Money Magazine 2007, Baldwin is ranked as the 25th best place to live in the United States.

The hamlet has 50% of it people over 16 years of age who commute to work an average of 32 minuets. About 14.4% of residents in Baldwin take advantage of public transportation trying to avoid dependency on cars. Many different neighborhoods with wonderful tree-lined streets make up the town. Some earlier developments feature either capes, colonials while other areas share a mix of architectural styles.

Baldwin Harbor Park is a popular park in the area offering athletic fields, a playground, bike paths, a roller rink and skate park. It provides enjoyment to children who play in its safe environment. There is a good selection of Italian and Asian restaurants which make this place interesting.

The Baldwin Union Free School District has a total of 7 elementary schools, just 1 middle and a high school. The elementary schools contain grades K-5. The middle school contains grades 6-8, but the sixth graders spend most of their time in a separate wing except for music, gym, lunch, arts, computers, technology and language.