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Five-Property Retail Portfolio
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1941-1947 Grand Avenue, Baldwin, NY 11510

Five fully-leased Long Island retail properties total 23 units across Nassau County.

Property Size29,763 SF
Lot Size1.35 Acres
Days on Market122

Property Features for 1941-1947 Grand Avenue

General Information

Standard status Active
Size 29,763 SF
Lot size 1.35 Acres
Property subtype Retail
Occupancy 100%

Building Details

Tenancy Multi
Listing Agency: Marcus & Millichap - Manhattan
Listed By: Scott Plasky · License #NY 40PL1176852
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 22 at 8:29PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Manhattan

Investment Insights

Based on property information with market context.

The offering consists of five Long Island retail properties marketed as both a portfolio and as one-off investments. The portfolio totals 23 units and is 100% occupied, with diverse configurations including multi-store buildings with rear apartments, mixed-use retail with dedicated parking, a newly constructed shopping center, and a single-tenant net-leased preschool/daycare facility.

In Baldwin, a four-store, single-story corner property at 1941–1947 Grand Avenue includes two rear apartments and is directly across from Walgreens. Tenants listed include a deli, hair salon, nail salon, and bridal store, and the tenants pay their own utilities.

In Uniondale, 496 Jerusalem Avenue is a two-story mixed-use building with two stores and two apartments, with a dedicated parking lot for ten cars. In Roosevelt, 175 Nassau Road is an 8,533-square-foot shopping center at a signalized intersection, pre-leased and 100% occupied by six tenants, with 11 parking spaces in front and a rear lot for 25 cars. 18 Whitehouse Avenue is a 4,200-square-foot net-leased preschool/daycare facility with a remaining term of just over nine years on a 10-year lease and one five-year renewal option.

Key Highlights

  • Five fully‑leased Long Island retail properties in Nassau County total 23 units and 29,763 rentable SF on 58,979 SF of land.
  • Portfolio is 100% occupied across all five properties.
  • 1941–1947 Grand Avenue, Baldwin: 4,300 SF corner building with four stores and two apartments; includes individual heat and hot water units.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Food Market Grocery & Convenience Store Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,022
Businesses Nearby
35k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 90% Electronics 10%
Dollar Tree Shops & Services
31,806 visits/mo 0.3 miles
T-Mobile Electronics
3,398 visits/mo 0.3 miles

Demographics for 11510, NY

34,617
Population
11,463
Households
3
Avg Household Size
42
Median Age
43%
College-Educated
94%
High-School Grad
4.2 sq mi
ZIP Area
8,242
Density / Sq Mi
$141,120
Median Household Income
$62,185
Median Earnings
$1,695
Median Rent
$578,600
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Similar Off Market Nearby

  • Feel Beauty Supply 1764 Grand Ave, Baldwin, NY 11510
  • Baldwin Square 660 Sunrise Hwy, Baldwin, NY 11510
  • Freeport Meadowbrook Commons 240 W Sunrise Hwy, Freeport, NY 11520
  • PARK PLAZA 389-403 W Sunrise Hwy, Freeport, NY 11520
  • FreshPits Natural Products 1927 Grand Ave, Baldwin, NY 11510

Frequently Asked Questions

What type of property is this?
Shopping center - Five fully-leased Long Island retail properties total 23 units across Nassau County.
Where is this shopping center located?
The property is located at 1941-1947 Grand Avenue Baldwin, NY.
What are key features of this property?
This property features: Five fully‑leased Long Island retail properties in Nassau County total 23 units and 29,763 rentable SF on 58,979 SF of land.; Portfolio is 100% occupied across all five properties.; 1941–1947 Grand Avenue, Baldwin: 4,300 SF corner building with four stores and two apartments; includes individual heat and hot water units.
(212) 430-5229 Call to check price and availability
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