615-621 Seaman Ave, North Baldwin, NY — Sale in Baldwin, NY

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Baldwin, NY 11510

Investment Figures

Cap rate
6.98%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is proud to present for sale 615-621 Seaman Avenue ("Subject property"), a mixed-use property located in North Baldwin, NY. The subject property rests on a 0.20-acre parcel with approximately +/- 14,670 square feet of space. This property has nine (9) apartments and ground floor commercial retail spaces. The subject property is ideally located near the Baldwin LIRR Station and area schools. The subject property is ideally located near numerous national retailers like BestBuy, Walgreens, Burger King, 7 Eleven and much more. The area demographics paint a picture of opportunity – over 223,000 people live within a three miles radius and an average household income is well over $164,000. Additional information is available upon request. Investment Highlights: • The subject property rests on a 0.20-acre parcel with approximately +/- 14,670 square feet of space. • This property has nine (9) apartments and ground floor commercial retail spaces. • The subject property is ideally located near the Baldwin LIRR Station and area schools.

Market Context

This mixed use in Baldwin, NY is listed for sale. It is offered at an approximate 7.0% capitalization rate, a key benchmark for income-producing mixed use assets. It has been on the market for 101 days. Compare it against other mixed use listings for sale in Baldwin, NY — view the full market.

Contact

  • Michael Tuccillo

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