1870-1872 Grand Avenue, North Baldwin, NY

$750,000

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4,320

Square feet

About 1870-1872 Grand Avenue

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!!!)

Features of 1870-1872 Grand Avenue

MLS® # 889560
Price $750,000
Bathrooms 0.00
Square Footage 4,320
Acres 0.00
Year Built 1954
Type Commercial Sale
Sub-Type Business
Status Pending

Community Information

Address 1870-1872 Grand Avenue
City North Baldwin
County Nassau County
State NY
Zip Code 11510

Amenities

Utilities Natural Gas Available
Parking Spaces 86
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas
Cooling Central Air
Fireplace No
# of Stories 1
Has Basement Yes
Basement Common

Exterior

Construction Block, Frame

Additional Information

Date Listed July 14th, 2025
Days on Market 96
Zoning multiuse
Short Sale No
RE / Bank Owned No

Listing Details

OfficeAll Island Estates Realty Corp
Contact Info516-783-5600

Listing Map

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