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    Property profile & analytics
    OFF-MARKET Estimated value $1,425,000
    Office buildings

    860 Atlantic Ave, Baldwin, NY 11510-4063

    5,964 SF 0.62 ac lot Built 1985
    Entity Owned 7-yr Hold ~ Est. High Equity
    Property ID
    US63-0237632
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Office buildings
    Use group PROFESSIONAL BUILDING (MULTI-STORY)
    Year built 1985
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 5,964 SF
    Lot 0.62 ac (27,007 SF)
    APN 54-00N-00-4333
    UPID US63-0237632
    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
    • Gentle Dental: Labombard Brian E DDS Dental Office
    • Kalmanowitz Sharon Employment Agency
    • Stambler Bettina Employment Agency
    • Nicole Saglamer, MD Pediatrician Medical Clinic
    • BMT Acupuncture Medical Clinic Alternative Medicine Practice
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.43M
    Owner & transaction history
    860 Atlantic Ave I LLC · 7 yrs held
    860 Atlantic Ave I LLC
    since 2018
    4 recorded transactions
    2018
    $640,000
    2018
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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