Retail Building in Baldwin, NY
751-753 MERRICK RD, BALDWIN, NEW YORK 11510
Executive Summary:
Price: | $750,000 |
Building Size: | 2,737 SF |
Property Type: | Retail |
Lot Size: | 0.11 Acres |
Year Built: | 1955 |
Projected Cap Rate: | 8.23% |
Projected NOI: | $61,700 |
Location: |
751-753 Merrick Rd, Baldwin, NY 11510
|
Investment Highlights
- Vacant Retail Building in Baldwin, NY
- Great Lease-Up Opportunity
- Separate Water, Electric, and Gas Meters
- High Traffic Counts on Merrick Rd: 23,149 Cars Per Day
- Close Proximity to Sunrise Hwy and the Baldwin LIRR Train Station
Investment Summary
American Investment Properties is retained to sell the property located at 751-753 Merrick Rd, Baldwin. At this location is a vacant retail building. These units provide for great lease-up opportunities. There are separate water, electric, and gas meters. This property is located in close proximity to Sunrise Hwy and the Baldwin LIRR train station.
About Baldwin, NY
Baldwin is a hamlet in Nassau County located in the township of Hempstead, on Long Island New York. 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.
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.
Contact Broker
Dawn Assael Gingold
Sales Associate
[email protected]
(O) 516.393.2300
(C) 917.696.3630
Ron Koenigsberg, CCIM
President
[email protected]
(O) 516.393.2300
(F) 516.390.5780