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1951-1953 Grand Ave

3,533 SF 100% Leased Retail Building Baldwin, NY 11510 £711,786 (£201/SF) 7.07% Net Initial Yield

INVESTMENT HIGHLIGHTS

  • 3 Unit Corner Retail Building with Private Parking
  • Signalized Traffic Light
  • Ideal opportunity for investment or end-user
  • Vehicles Per Day (VPD) 27,597

EXECUTIVE SUMMARY

Excellent opportunity for investment or an owner-user to occupy their own space with additional income. This building features 3 retail units that can easily be combined if needed. Below market rents with upcoming leases. The property features a full basement and private parking. Located at a signalized traffic light with 27,000+ vehicles per day. Contact the exclusive broker for more information.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
3,533 SF
Building Class
C
Year Built
1948
Price
£711,786
Price Per SF
£201
Net Initial Yield
7.07%
NOI
£50,324
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.72
Lot Size
0.11 AC
Zoning
Business (X) - Mixed Residential district in Hempstead
Frontage
35 ft on Grand Avenue
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Walk Score®
Very Walkable (78)
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.®
Learn How It Works Detailed Scores

NEARBY MAJOR RETAILERS

Capital One
Checkers
Blink Fitness
Applebee's
WW
Starbucks
Friendly's Ice Cream Shop
TGI Fridays
(516) 343-6964

CONTACT

  • Listing ID: 34008322

  • Date on Market: 26/11/2024

  • Last Updated:

  • Address: 1951-1953 Grand Ave, Baldwin, NY 11510

The Retail Property at 1951-1953 Grand Ave, Baldwin, NY 11510 is currently available for sale. Contact North Village Realty LLC for more information.

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1951-1953 Grand Ave
(516) 343-6964 x

1951-1953 Grand Ave

Thomas Bigansky

(516) 343-6964

(516) 343-6964

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