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  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $19,985
Days Active 16
Approx. Age 1954
MLS® Number 889560

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Calling All Investors, Developers & End-Users!!! 6.65% Cap 4, 300+ Sqft. 2 Unit Retail Building With Private Parking Lot On Grand Avenue For Sale!!! The Property Is Located In The Heart Of Baldwin Just A Few Blocks From Sunrise Hwy. & The Baldwin LIRR Station!!! The Property Features Excellent Signage, Great Exposure, Multiple Use (482.24) Zoning, 86 Parking Spaces, High 14’ Ceilings, Full Basement, Private Driveway & Parking, Sprinklers, Strategically Placed Curb Cut, All New LED Lighting, CAC+++!!! The Building Has 30’ Of Frontage On Busy Grand Avenue!!! Neighbors Include Starbucks, BMW, Mercedes-Benz, Capital One Bank, FourLeaf Federal Credit Union, The Home Depot, Best Buy, Petco, CVS, Walgreens, Dunkin’, Wendy’s, Jiffy Lube, Dollar Tree, +++!!! The Entire Building Can Be Delivered Vacant If Need Be!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Martial Arts Studio (4, 320 Sqft.): $73, 740 Ann.; Lease Exp.: 8/31/25. Total Gross Income: $73, 740 Ann. Expenses: Gas: $0 Ann. Electric: $0 Ann. Water: $0 Ann. Maintenance & Repairs: $250 Ann. Insurance: $3, 620 Ann. Taxes: $19, 984.58 Ann. Total Expenses: $23, 854.58 Ann. Pro Forma Net Operating Income (NOI): $49, 885.42 Ann. (6.65% Cap!!!)Show Description
MLS® Number889560
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1954
Stories1
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatNatural Gas
A/CCentral Air
Heating Fuel

Extras

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