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    FOR LEASE
    Office buildings

    590 Sunrise Hwy, Baldwin, NY 11510

    1,872 SF 0.23 ac lot Built 1928
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US63-1130525
    Property summary
    AI-generated overview

    This exceptional commercial property at 590 Sunrise Highway in Baldwin, NY, presents a unique investment opportunity. Boasting a substantial 3,500 square feet of office space, this building is ideally suited for a variety of business ventures. The thoughtfully designed layout includes five individual offices, perfect for accommodating a growing team or multiple tenants. A large conference room facilitates productive meetings and client presentations. The first floor offers three offices, a convenient conference room, two bathrooms, and a small kitchen area, providing immediate functionality. Upstairs, the second floor features two additional offices and another bathroom, offering flexibility and privacy. The expansive basement provides significant storage capacity, with the potential for future expansion or adaptation to meet evolving business needs. Ample parking is available on-site, addressing a critical need for many businesses. The property's current use as a mix of offices and a car dealership demonstrates its versatility and adaptability to diverse business models. Located on Sunrise Highway, this property benefits from high visibility and convenient access to major transportation routes, making it an attractive location for businesses seeking a strong presence in the Baldwin market. The asking price of $1,379,000 represents a compelling investment opportunity in a thriving commercial area. The property sits on a lot with no additional acreage, but the existing parking provides ample space.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1928
    Construction FRAME
    Total area 1,872 SF
    Lot 0.23 ac (10,100 SF)
    APN 54-049-00-0114
    UPID US63-1130525
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • GM Motors Inc Car Dealership
    • QUALITY USED VANS Discount Store (Bike/Boat/Book/etc) Store
    • FF Credit Corp. Bank Credit Union
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Gm 590 Sunrise Realty Corp · 1 yrs held
    Gm 590 Sunrise Realty Corp
    since 2025
    Last sale
    $1.2M
    6 recorded transactions
    2025
    $1.2M
    2012
    $365,000
    2012
    $340,000
    1990
    $650,000
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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