105 Eastern Blvd - Apartments FOR SALE


Baldwin, NY 11510- Baldwin Harbor
$1,300,000 USD
516-551-5276
105 Eastern Blvd, Baldwin, NY for Sale
$1,300,000 USD
Apartments - FOR SALE
1/4
null | 8% Cap Rate

105 Eastern Blvd
Baldwin, NY 11510
Baldwin Harbor


HIGHLIGHTS

  • 3 Buildings, BUILDING 1 FRONT TWO ONE BEDROOM APARTMENTS ON 2ND FLOOR AND 1ST FLOOR WAREHOUSE WITH GARAGE
  • BUDILING 2 - TWO ONE BEDROOM APARTMENTS
  • BUILDING 3 - ONE BEDROOM APARTMENT

OVERVIEW

A rare opportunity to own a 5-family mixed use residential / commercial property in South Baldwin. This prime mixed-use property is fully occupied and fully leased generating strong diversified income high-performing mixed-use building in prime Location. Features 5 one-bedroom residential apartments and 1 warehouse offering 1200 Square feet with a 12ft garage. The apartments have recently been invested in for over $50k in capital improvements. The property presents an exceptional opportunity for a new owner to unlock additional value. Situated in the heart of the rapidly growing Baldwin Harbor - This location boasts high visibility with signalized traffic and over hundreds of vehicles passing daily. Private Driveway with 10 I spaces that is directly attached to North and South side of the building. please contact Vanessa Ambrosecchia 516-551-5276 or via email at Vanessa.ambrosecchia@elliman.com. Ideal for 1031 exchange buyers or investors seeking stable cash flow and upside in a high-demand location Highlights: Long Island Railroad, Sonny’s Canal House, Nautical Mile, Long Beach, Jones Beach, JFK Airport, Belt Parkway, Meadowbrook Parkway. Tons of shopping and restaurants close by. Boaters Delight.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$325 USD /SF

# OF UNITS

3

PRICE/UNIT

$433,333

CAP RATE

8%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1948

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

B-MX

APN/PARCEL ID

2089-54-364-00-0449-0

ASK ABOUT THIS PROPERTY

Vanessa AmbrosecchiaDouglas EllimanMore Info
516-551-5276

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Vanessa AmbrosecchiaDouglas EllimanMore Info
516-551-5276

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.