279 Baldwin Rd Hempstead, NY 11550
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13-Unit Luxury Apartment Site, Approved
Property Features for 279 Baldwin Rd
General Information
- Property type
- Land
Listing Agency: Brown Harris Stevens Commercial Real Estate, LLC Listing Agent: David B. Sargoy
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional 14,000 square foot commercial and residential land parcel, located at 279 Baldwin Road (corner of Baldwin Rd and Lawson Street) in Hempstead, NY 11550 (Section 36, Block 75, Lot 250-251), presents a fully approved opportunity for development. All necessary zoning and building permits are in place for a thirteen-unit, three-story luxury apartment building. The proposed building design includes a mix of one- and two-bedroom units, ranging in size from approximately 630 to 981 square feet. The site boasts excellent visibility at a heavily trafficked intersection, offering significant potential for rental income. This walkable location is convenient to numerous shops and stores, including CVS Pharmacy and Dunkin' Donuts, and benefits from easy access to public transportation and the Southern State Parkway. Hempstead is an area experiencing growth and expansion, making this a prime investment opportunity. The asking price for this ready-to-build site is $1,400,000. The permitted zoning is Residence “A” and Residence “B”. This is a rare chance to acquire a fully approved development site in a desirable location with strong potential for significant returns.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial real estate
Location Insight
- Map
- Local Demand
- City
- Hempstead
- County
- Nassau
- State
- New York
- Longitude
- -73.6135397
- Latitude
- 40.6932917
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FAQs
What type of property is this?
Land - 13-Unit Luxury Apartment Site, Approved
Where is this land 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: 101: 1,222.4 sq ft 2-bedroom duplex unit, encompassing both the first floor and basement.; 652 sq ft commercial space on the first floor, ideal for a community center.; 201: 824.3 sq ft 2-bedroom unit.