Flex Warehouse with
939 Church St Baldwin, NY 11510
939 Church St, Baldwin, NY, 11510
Contact for pricing
For Sale
Contact for pricing
Flex warehouse offering 1,800 SF of warehouse space, 1,800 SF of second-floor offices, and 12-foot clear height.
Property Size5,100 SF
Lot Size0.15 Acres
Price / SF$205.88
Days on Market64
Property Features for 939 Church St
General Information
- Standard status
- Active
- Size
- 5,100 SF
- Lot size
- 0.15 Acres
- Property subtype
- INDUSTRIAL
Listing agency
United Realty
(516) 320-7704
Listed by
Steven Epstein
(516) 320-7704
Source
Moodyscre
Added: May 19 Updated: Jul 20 at 5:42PM Checked: Jul 20 at 5:42PM
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 United Realty
Investment Insights
Based on property information with market context.
This flex warehouse totals 5,100 SF +/- on a 6,395 SF +/- lot and includes multiple functional levels. The property is divided into a two-story section with 1,800 SF of warehouse on the first floor and 1,800 SF of offices on the second floor. There is also lower-level storage noted as 1,500 SF +/- that is not included in the stated building square footage, along with a one-story section that provides an additional 1,500 SF of warehouse space.
Operational access includes two drive-in doors. The fenced yard includes a curb cut, supporting straightforward vehicle movement for loading or on-site operations. Ceiling height is listed as 12 feet.
A practical setup for businesses that need both warehousing and office space, with on-site storage capacity in the lower level in addition to the main warehouse and office areas.
Operational access includes two drive-in doors. The fenced yard includes a curb cut, supporting straightforward vehicle movement for loading or on-site operations. Ceiling height is listed as 12 feet.
A practical setup for businesses that need both warehousing and office space, with on-site storage capacity in the lower level in addition to the main warehouse and office areas.
Key Highlights
- 5,100 SF +/- building on a 6,395 SF +/- lot, plus lower storage not included in building square footage
- Flex layout: 1,800 SF +/- warehouse on the 1st floor and 1,800 SF +/- offices on the 2nd floor
- Additional 1,500 SF +/- 1‑story warehouse section
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $112.0k | $21.96 |
| − Vacancy | −$7.7k | −$1.52 |
| EGI | $104.3k | $20.44 |
| − OpEx | −$15.6k | −$3.07 |
| NOI | $88.6k | $17.38 |
5,100 SF · lease $21.96/SF/yr · vacancy 6.90% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.27M
$1.11M – $1.48M
NOI $88,628 @ 7.0% cap · market cap 8.44%
Second Best
Office B
$1.25M
$1.10M – $1.46M
NOI $87,697 @ 7.0% cap · market cap 8.35%
Theoretical Best
Specialty Retail
$3.37M
$2.95M – $3.93M
NOI $236,041 @ 7.0% cap · market cap 22.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Delicious Moments Caterers — 792 Merrick Rd, Baldwin, NY 11510
- Belkis Bites — 2440 Grand Ave, Baldwin, NY 11510
- Creme De La Ends — 146 Madison Ave, Freeport, NY 11520
FAQs
What type of property is this?
Flex space - Flex warehouse offering 1,800 SF of warehouse space, 1,800 SF of second-floor offices, and 12-foot clear height.
Where is this flex space located?
The property is located at 939 Church St Baldwin, NY.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 5,100 SF +/- building on a 6,395 SF +/- lot, plus lower storage not included in building square footage; Flex layout: 1,800 SF +/- warehouse on the 1st floor and 1,800 SF +/- offices on the 2nd floor; Additional 1,500 SF +/- 1‑story warehouse section
