Retail/Office Central Nassau | 2425 Grand Ave
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Retail/Office Central Nassau 2425 Grand Ave
5,000 SF 80% Leased Office Building Baldwin, NY 11510 $949,000 ($190/SF)
Investment Highlights
- There is only a single vacancy in the building, making it ideal for an office user.
- This building is tenanted with consistent cash flow: perfect for an investor!
Executive Summary
This building consists of seven units, four of which are retail (fully tenanted) and three of which are office (with only the largest office vacant, as it is currently used by the owner). There is a private parking lot, and the property is adjacent to Merrick Rd. This is a short walk from the Baldwin LIRR station. There is a basement available for storage.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
5,000 SF
Building Class
C
Year Built
1899
Price
$949,000
Price Per SF
$190
Percent Leased
80%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,500 SF
Slab To Slab
10’
Building FAR
0.96
Lot Size
0.12 AC
Parking
4 Spaces (0.8 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
1 of 1
Walk Score®
Very Walkable (88)
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Retail/Office Central Nassau | 2425 Grand Ave
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