860 Atlantic Ave, Baldwin, NY 11510-4063
This exceptional investment opportunity presents a substantial office building situated at 860 Atlantic Avenue in Baldwin, New York. Priced at $3,000,000, this property boasts a prime location on a busy thoroughfare, ensuring high visibility and accessibility for tenants. The building sits on a one-acre lot, providing ample parking for employees and clients. This significant advantage is particularly attractive in a location with convenient access to public transportation, further enhancing its appeal to a wide range of potential tenants. The property's strong income generation potential makes it an ideal investment for those seeking a stable and profitable return. The substantial size of the parking lot is a key feature, addressing a common challenge in high-traffic areas. The building's location on a busy thoroughfare ensures high visibility and easy access, making it an attractive proposition for businesses seeking a prominent presence in the Baldwin community. Further details regarding the building's square footage and internal layout are available upon request. This is a rare opportunity to acquire a well-situated, income-producing office building in a thriving location. Serious inquiries are encouraged.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.