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Approved 13-Unit Apartment Building Site

279 Baldwin Rd, Hempstead, NY 11550

For Sale
Contact for pricing
Pending

Approved site for a 13-unit luxury apartment building.

Property SizeContact for details
Days on Market1193

Property Features for 279 Baldwin Rd

General Information

Standard status Pending
Property subtype Land
Zoning Residence “A” and Residence “B”
Listing Agency: Brown Harris Stevens Garden City
Listed By: David Sargoy
Source: Crexi
Added: Aug 10, 2023 Changed: Nov 12 Last Checked: Aug 25 at 9:13AM

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 Brown Harris Stevens Garden City

Rey
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Investment Insights

Based on property information with market context.

Located at the corner of Baldwin Road and Lawson Street in Hempstead, New York, this property is approved for the construction of a 3-story, 13-unit luxury apartment building. Situated at a heavily trafficked intersection, the proposed building benefits from high visibility. The location is walkable, with nearby shops and stores such as CVS Pharmacy and Dunkin' Donuts. Public transportation is readily accessible, and the Southern State Parkway is easily reachable. The area is anticipated to experience growth and expansion. All zoning and building permits have been approved for the proposed construction.

Key Highlights

  • Fully approved for a 3‑Story, 13‑Unit luxury apartment building.
  • All zoning and building permits approved.
  • Excellent visibility at the heavily trafficked intersection of Baldwin Road and Lawson Street.

Property Analytics

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Open Analytics

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Dental Office Spa & Massage Center Skin Care Clinic

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

Location Intelligence

Trade Area within ½ mile

554
Businesses Nearby

Demographics for 11550, NY

61,901
Population
19,579
Households
3.2
Avg Household Size
36
Median Age
21%
College-Educated
77%
High-School Grad
4.2 sq mi
ZIP Area
14,738
Density / Sq Mi
$86,904
Median Household Income
$40,662
Median Earnings
$1,647
Median Rent
$446,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Approved site for a 13-unit luxury apartment building.
Where is this residential land & home lot located?
The property is located at 279 Baldwin Rd Hempstead, NY.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Fully approved for a 3‑Story, 13‑Unit luxury apartment building.; All zoning and building permits approved.; Excellent visibility at the heavily trafficked intersection of Baldwin Road and Lawson Street.
(917) 805-6441 Call to check price and availability
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