Log In/Sign Up
Your email has been sent.
1884-1892 Grand Ave 5 Unit Apartment Building $3,900,000 ($780,000/Unit) 5.70% Cap Rate Baldwin, NY 11510
Investment Highlights
- Two story brick building - 5 Stores & 5 Apts
- 100% Occupancy.
Executive Summary
Two story brick building - 5 Stores & 5 Apts
About a mile north of Sunrise on the Northwest corner of Grand Ave. & St. Luke's Place.
About a mile north of Sunrise on the Northwest corner of Grand Ave. & St. Luke's Place.
Financial Summary (Actual - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$334,458
|
$34.66
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$334,458
|
$34.66
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$112,290
|
$11.64
|
| Net Operating Income |
$222,168
|
$23.02
|
Financial Summary (Actual - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $334,458 |
| Annual Per SF | $34.66 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $334,458 |
| Annual Per SF | $34.66 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $112,290 |
| Annual Per SF | $11.64 |
| Net Operating Income | |
|---|---|
| Annual | $222,168 |
| Annual Per SF | $23.02 |
Property Facts
| Price | $3,900,000 | Apartment Style | Low-Rise |
| Price Per Unit | $780,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.24 AC |
| Cap Rate | 5.70% | Building Size | 9,650 SF |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1925 |
| Property Subtype | Apartment | Parking Ratio | 1.46/1,000 SF |
| Zoning | B-MX - Baldwin Mixed Use Zoning District | ||
| Price | $3,900,000 |
| Price Per Unit | $780,000 |
| Sale Type | Investment |
| Cap Rate | 5.70% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 9,650 SF |
| No. Stories | 2 |
| Year Built | 1925 |
| Parking Ratio | 1.46/1,000 SF |
| Zoning | B-MX - Baldwin Mixed Use Zoning District |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Refrigerator
- Oven
- Range
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Gas Range
- Smoke Detector
About 1884-1892 GRAND AVE , BALDWIN, NY 11510
Small shopping center with 10 units (5 stores & 5 apts) & five parking spaces.
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $7,480 (2025) | |
| Land Assessment | $1,964 (2025) | Total Assessment | $9,444 (2025) |
Property Taxes
Parcel Numbers
Land Assessment
$1,964 (2025)
Improvements Assessment
$7,480 (2025)
Total Assessment
$9,444 (2025)
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Contact the Sale Advisor
1884-1892 Grand Ave