Retail Storefront in Baldwin, NY

1883-1885 GRAND AVE, BALDWIN, NEW YORK 11510

Executive Summary:

Price: $800,000
Building Size: 3,200 SF
Property Type: Retail
Lot Size: 0.09 Acres
Year Built: 1962
Cap Rate: 4.63%
NOI: $37,065
1883-1885 Grand Ave, Baldwin, NY 11510

Investment Highlights

  • For Sale: Fully-Occupied Retail Storefront with Two Tenants
  • Both Spaces have High Quality Interior Finishes
  • Nail Salon Tenant Reimburses for RE Taxes
  • Property has a Basement – Partially Finished under the Nail Salon
  • Potential for Rental Growth
  • Municipal Parking Lot Located Across the Street
  • Surrounded by Various Other Retail such as Beauty Salons, Nail Salons, Auto Repair Shops, Checkers Fast Food, CVS Pharmacy, Baldwin Pizza, & More

Investment Summary

American Investment Properties is retained to sell the property located at 1883-1885 Grand Ave, Baldwin. At this location is a fully-occupied retail storefront building with two tenants. The tenants contribute towards the annual RE taxes. This property is located in a great spot on Grand Ave and is surrounded by various other neighborhood retail & amenities.

About Baldwin, NY

Baldwin is a hamlet located in the Town of Hempstead in Nassau County, on Long Island, New York, United States. The community is located in the southwestern section of Nassau County, on Long Island’s South Shore of Long Island. Baldwin is home to many public parks, including Coes Neck Park, Lofts Pond Park, Milburn Pond Park, and Silver Lake Park (which is also in Oceanside).

Contact Broker

Ron Koenigsberg - Commercial Real Estate BrokerRon Koenigsberg, CCIM
[email protected]
(O) 516.393.2300
(F) 516.390.5780

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