The Bryan Karp Team

1870-1872 Grand Avenue , North Baldwin, NY 11510

Sold: 725000
Sold on: Dec 3rd, 2025
Sold: 725000
Sold on: Dec 3rd, 2025
BEDS0 BATHS MLS#889560
STATUSClosed PROPERTY TYPECommercial -


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, Wendys, 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!!!)

Property Features

Basement: Common
Cooling: Central Air
Days on Market: 142
Heating: Natural Gas
Stories: 1.0
Taxes: $19,984
Year Built: 1954

Feature Descriptions

Building Area Total: 4320
Business Type: Retail
Exterior: Block, Frame
On Market Date: 2025-07-15
Parking Total: 86
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Units: 2
Utilities: Natural Gas Available
Water: Public

Listed By / Sold By

Listed By

Agency Name: All Island Estates Realty Corp
Agency Phone: 516-783-5600

Shown By

Agent Name: Bryan Karp
Agent Phone: (631) 759-5277
Agency Title: Coldwell Banker American Homes

Sold By

Agency Name: All Island Estates Realty Corp
Agency Phone: 516-783-5600
Agent Name: Richard Matt Shane

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