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1884-1892 Grand Ave

10 Unit Block of Flats £2,347,350 (£234,735/Unit) 6.50% Net Initial Yield Baldwin, NY 11510

Investment Highlights

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

Executive Summary

Two story brick building - 5 Stores & 5 Apts
About a mile north of Sunrise on the Northwest corner of Grand Ave. & St. Luke's Place.

Financial Summary (Actual - 2024)

Annual Annual Per SF
Gross Rental Income £235,899 £24.57
Other Income - -
Vacancy Loss - -
Effective Gross Income £235,899 £24.57
Taxes - -
Operating Expenses - -
Total Expenses £83,422 £8.69
Net Operating Income £152,478 £15.88

Financial Summary (Actual - 2024)

Gross Rental Income
Annual £235,899
Annual Per SF £24.57
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual £235,899
Annual Per SF £24.57
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual £83,422
Annual Per SF £8.69
Net Operating Income
Annual £152,478
Annual Per SF £15.88

Property Facts

Price £2,347,350
Price Per Unit £234,735
Sale Type Investment
Net Initial Yield 6.50%
No. Units 10
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.05 AC
Building Size 9,600 SF
Number of Floors 2
Year Built 1925
Parking Ratio 1.46/1,000 SF

About 1884-1892 Grand Ave , Baldwin, NY 11510

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

Walk Score ®
Very Walkable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 3698586

  • Date on Market: 22/08/2016

  • Last Updated:

  • Address: 1884-1892 Grand Ave, Baldwin, NY 11510

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