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$725,000
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Property Description
Calling All Investors, Developers & End-Users!!! 6.65% Cap 4,300+ Sqft. 2 Unit Retail Building With Private Parking Lot On Grand Avenue For Sale!!! The Property Is Located In The Heart Of Baldwin Just A Few Blocks From Sunrise Hwy. & The Baldwin LIRR Station!!! The Property Features Excellent Signage, Great Exposure, Multiple Use (482.24) Zoning, 86 Parking Spaces, High 14' Ceilings, Full Basement, Private Driveway & Parking, Sprinklers, Strategically Placed Curb Cut, All New LED Lighting, CAC+++!!! The Building Has 30' Of Frontage On Busy Grand Avenue!!! Neighbors Include Starbucks, BMW, Mercedes-Benz, Capital One Bank, FourLeaf Federal Credit Union, The Home Depot, Best Buy, Petco, CVS, Walgreens, Dunkin', Wendy's, Jiffy Lube, Dollar Tree, +++!!! The Entire Building Can Be Delivered Vacant If Need Be!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Martial Arts Studio (4,320 Sqft.): $73,740 Ann.; Lease Exp.: 8/31/25. Total Gross Income: $73,740 Ann. Expenses: Gas: $0 Ann. Electric: $0 Ann. Water: $0 Ann. Maintenance & Repairs: $250 Ann. Insurance: $3,620 Ann. Taxes: $19,984.58 Ann. Total Expenses: $23,854.58 Ann. Pro Forma Net Operating Income (NOI): $49,885.42 Ann. (6.65% Cap!!!)
Full Property Details
Full Property Details for 1870-1872 Grand Ave
General
- Sold For: $725,000
- Taxes: $19,984
- Status: Closed
- Type: Commercial
- Source: Long_Island
- MLS ID: 889560
- Added to Site: 312 day(s) ago
Business
- Business Type: Retail
Parking
- Total Spaces: 86
Location
- County: Nassau County
- Cross Streets: Seaman Avenue
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Natural Gas Available
Structural Information
- Detached/Attached: Attached
- Construction: Block, Frame
- Basement: Yes
- Basement Desc.: Common
- Ceiling Height: 14
- Stories/Levels: 1
- Stories in Building: 1
- Building Size: 4320
- Square Feet: 4,320
- Year Built: 1954
Lot Features
- Zoning: multiuse
Financial Considerations
- Tax Amount: $19,984.58
Disclosures and Reports
- Special Conditions: None
- Block: 410
- Lot Number: 752
Listed and Sold by All Island Estates Realty Corp
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Schools
Schools serving 1870-1872 Grand Ave
School District:Baldwin Union Free School District
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1870-1872 Grand Ave
Date
Details
Price
Change
Source
12/03/2025
Sold
$725,000
-3.33%
MLS
7/15/2025
Listed
$750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1870-1872 Grand Avenue, Baldwin, NY 11510 (MLS# 889560) is a Commercial property that was sold at $725,000 on December 03, 2025. Want to learn more about 1870-1872 Grand Avenue? Do you have questions about finding other Commercial real estate for sale in North Baldwin? You can browse all North Baldwin real estate or contact a Coldwell Banker agent to request more information.
