987-989 Atlantic Ave
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987-989 Atlantic Ave
5,264 SF 100% Leased Retail Building Baldwin, NY 11510 £2,819,880 (£536/SF)
Investment Highlights
- Approximately +/- 5,264 square feet of space on 0.45 acre lot.
- Over 157,000 people live within a three miles radius and an average household income over $149,00.
- 100% occupied with Subway and Dunkin’ in the ground floor retail spaces and one (1) apartment on the second floor.
Executive Summary
This property offers approximately 5,264 square feet of space on a 0.45-acre lot. It is fully occupied, featuring popular retail tenants Subway and Dunkin' on the ground floor, with a single apartment on the second floor. The location is highly desirable, with over 157,000 residents within a three-mile radius and an average household income exceeding $149,000. Additionally, the property includes 25 parking spaces, making it an excellent investment opportunity in a thriving community.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
5,264 SF
Building Class
B
Year Built
2005
Price
£2,819,880
Price Per SF
£536
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.31
Lot Size
0.39 AC
Parking
25 Spaces (4.75 Spaces per 1,000 SF Leased)
Walk Score ®
Very Walkable (77)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 2089-54-288-00-0011-0 | Improvements Assessment | £1 |
Land Assessment | £5,915 | Total Assessment | £5,916 |
PROPERTY TAXES
Parcel Number
2089-54-288-00-0011-0
Land Assessment
£5,915
Improvements Assessment
£1
Total Assessment
£5,916
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987-989 Atlantic Ave
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