Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    619 Seaman Ave Baldwin, NY 11510

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space near train station and national retailers.

    Property Features for 619 Seaman Ave

    General Information

    Standard status
    Active

    Building Details

    Year built
    1926

    We can help!

    Listing Contact
    Michael Tuccillo
    Michael Tuccillo
    Source: Crexi

    Listing Agency: Marcus & Millichap - Manhattan Listing Agent: Michael Tuccillo

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Retail Space Near Baldwin Station

    This retail space is located near the Baldwin LIRR Station and area schools. The property benefits from its proximity to numerous national retailers, including BestBuy, Walgreens, Burger King, and 7 Eleven. The surrounding area has a dense population, with over 223,000 residents within a three-mile radius. The average household income in the area is over $164,000.
    Location Intelligence

    Current Use by Public Records

    Æ Life- God ... Animal Training

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Baldwin
    County
    Nassau
    State
    New York
    Longitude
    -73.613154
    Latitude
    40.662879

    Nearby Similar for Lease

    • $20 SF/Yr
      4,792 SF

      Updated Retail Property on Grand Avenue

      Dual-building retail property in North Baldwin with flexible spaces.
      1621-1623 Grand Ave, Baldwin, NY 11510
      View Details
    • $3,300 /Mo

      Retail/Office Space in Baldwin, NY

      Corner location suitable for retail or office use with basement.
      1951 Grand Ave, Baldwin, NY 11510
      View Details
    • $3,500 /Mo
      3,001 SF

      Prime Commercial Space in Baldwin

      High-visibility commercial space with finished basement in active business corridor.
      1860 Grand Ave, Baldwin, NY 11510
      View Details
    • $5,000 /Mo
      4,256 SF

      Retail Space on Grand Avenue

      2000 sq ft retail space in high-traffic Baldwin location.
      2426 Grand Ave, Baldwin, NY 11510
      View Details
    • $5,000 /Mo

      Retail Space on Grand Avenue

      2000 sq ft retail space in high-traffic Baldwin location.
      2426 Grand Ave, Baldwin, NY 11510
      View Details
    • $2,600 /Mo

      Versatile Storefront with Basement Storage

      Spacious storefront with customizable layout and ample basement storage.
      2100-2106 Grand Ave, Baldwin, NY 11510
      View Details
    • $2,700 /Mo

      Spacious Commercial/Industrial Warehouse for Rent

      1400 sq ft warehouse with attached garage, move-in ready.
      105 Eastern Pkwy, Baldwin, NY 11510
      View Details
    • $2,600 /Mo

      Versatile Storefront with Basement Storage

      Adaptable storefront for rent with ample basement storage.
      2100-2106 Grand Ave, Baldwin, NY 11510
      View Details
    • $2,700 /Mo

      Spacious Commercial/Industrial Warehouse For Rent

      3,100 sq ft warehouse with garage and ample parking.
      105 Eastern Pkwy, Baldwin, NY 11510
      View Details
    • Contact for pricing
      13,000 SF

      Atlantic Avenue Retail Opportunity

      Retail space with 540 feet of frontage on Atlantic Avenue.
      905-951 Atlantic Ave, Baldwin, NY 11510
      View Details
    • Contact for pricing

      Established Shopping Center For Rent

      Well-located shopping center with high visibility and ample parking.
      1745 Grand Ave, Baldwin, NY 11510
      View Details
    • Contact for pricing
      1,750 SF

      Retail Space in Baldwin, NY

      Retail space with open layout, basement, parking, and signage.
      814-850 Merrick Rd, Baldwin, NY 11510
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space near train station and national retailers.
    Where is this retail space located?
    The property is located at 619 Seaman Ave Baldwin, NY.
    What are key features of this property?
    This property features: - Proximity to Baldwin LIRR Station; - Location near national retailers including BestBuy, Walgreens, Burger King, and 7 Eleven; - High population density with over 223,000 people within a three-mile radius
    (212) 430-5196
    Request Owner's contact information
    619 Seaman Ave Baldwin, NY 11510
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    619 Seaman Ave
    Baldwin, NY 11510
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    619 Seaman Ave Baldwin, NY 11510
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Michael Tuccillo
    Michael Tuccillo
    Real Estate License ID: 10401244358
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!