688 Merrick Rd - Apartments FOR SALE


Baldwin, NY 11510
$1,350,000 USD
631-425-1233
688 Merrick Rd, Baldwin, NY for Sale
$1,350,000 USD
Apartments - FOR SALE
1/5
null | 5.7% Cap Rate

688 Merrick Rd
Baldwin, NY 11510


HIGHLIGHTS

  • Four Free-Market Two-Bedroom Townhomes
  • Two Parking Spaces Per Unit
  • Established Merrick Road Location in Nassau County

OVERVIEW

As exclusive agent, Cushman & Wakefield is pleased to offer for sale 688 Merrick Road, a rare free-market townhome rental asset located in Baldwin, New York. The Property consists of four two-bedroom, one-and-a-half-bath townhomes totaling approximately 5,572 square feet above grade, with approximately eight surface parking spaces. Built in 1988, the asset offers a differentiated residential format relative to conventional small multifamily properties, providing tenants with larger townhouse-style layouts, private residential character, and convenient on-site parking. 688 Merrick Road is positioned along the Merrick Road corridor in Baldwin, an established Nassau County South Shore community with access to nearby retail, services, schools, parks, and regional transportation. The Property benefits from a recognizable location within a mature residential submarket supported by consistent demand for well-located rental housing.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$242 USD /SF

# OF UNITS

4

PRICE/UNIT

$337,500

CAP RATE

5.7%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1988

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,796 SF

ZONING

Residence CA Zone

APN/PARCEL ID

2089-54-187-00-0253-UCA018500001

ASK ABOUT THIS PROPERTY

Daniel AbbondandoloCushman & WakefieldMore Info
631-425-1233

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Daniel AbbondandoloCushman & WakefieldMore Info
631-425-1233

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