1820 Grand Ave North Baldwin, NY 11510-2427
- Investment properties
- 3,916 SF
- 0.62 lot acres
Current Use by Public Records
- FJM Laundromat / Laundromat
Property Details for 1820 Grand Ave
- Year built
- 1973
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.62 lot acres
- Property size
- 3,916 SF
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 36-410-00-0774
- APU
- 36410000774
Description
This exceptional commercial property, located at 1820 Grand Ave in Baldwin, NY 11510, presents a unique investment opportunity. The property encompasses a 0.623-acre lot (27,125 square feet) and features a 4,000-square-foot existing building, suitable for a variety of retail uses. The single-tenant occupancy offers flexibility for potential buyers or lessees. The seller is open to considering various proposals, including ground leases and outright sales. Detailed information, including a survey and property flyer, is available upon request. This prime Baldwin location offers excellent visibility and accessibility, making it an ideal site for a thriving retail business. Serious inquiries are encouraged to explore the possibilities of this versatile commercial property. The property's size and existing structure provide a solid foundation for immediate occupancy or redevelopment, catering to a range of business needs. Don't miss this chance to acquire a valuable asset in a desirable commercial area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $795,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $955,000
- 6.5%
- $1,030,000
- 7%
- $935,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $915,000
- Geo Method
- $995,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $860,000
- Retail
- $815,000
- Mixed-Use
- $930,000
- Hospitality
- $785,000
- Educational
- $1,055,000
- Residential Income
- $885,000
- Energy
- $785,000
- Income-Based Land
- $785,000
- Food Service
- $1,065,000
Location Insight
- Map
- Local Demand
- City
- North Baldwin
- County
- Nassau
- State
- New York
- Longitude
- -73.6085
- Latitude
- 40.6663
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA