792-830 Atlantic Avenue, Baldwin, NY 11510

Nassau County, Baldwin, New York 11510

$7,250,000  

Listing ID Number

24775

Property Description

Cushman & Wakefield has been retained on an exclusive basis for the sale of an approximately 96,285 square foot (2.21 acres) corner lot located at a four-way traffic light intersection with retail re-development potential. It is currently improved with three buildings equating to a combined 32,464 square feet (approximately). The corner retail building is currently vacant previously operating as a Bank of America, and the remaining buildings are currently occupied by Synergy Fitness, medical offices, and an HVAC company.

The lot has tremendous potential for investment or redevelopment as the property lies in Business zoning which allows for a large amount of commercial uses including a convenience store pad site, fast food, or office building among others. The property also benefits from five ways of egress on Atlantic Avenue and Grand Avenue.

792 & 816 Atlantic Avenue is also availble for sale as a package for a combined one-acre plot. 792 Atlantic Avenue (former bank building) is also available for lease individually. Property inspections are to be done by appointment only, please inquire within.

Overview

Building Type:Commercial Condo/Co-op
Location:Baldwin, Long Island
Section/Block/Lot:54/N/4325, 4324, 180, 4334
Lot Dimensions:475.24 x 193
irregular
Lot Sq Ft:96,285
gross
Building Sq Ft:32,464
combined

Documents

Contact

For further information or inspection, please contact Exclusive Agents:

Stephen R. Preuss
Senior Managing Director
(718) 512 2118
stephen.preuss@cushwake.com


Property Images

Click the image for a high resolution version.

<     /     >

Property Map


Aerial View


The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.