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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.

Financial Summary (Actual - 2024)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $412,951 $42.79
Other Income - -
Vacancy Loss - -
Effective Gross Income $412,951 $42.79
Taxes - -
Operating Expenses - -
Total Expenses $146,033 $15.13
Net Operating Income $266,918 $27.66

Financial Summary (Actual - 2024)

Gross Rental Income (CAD)
Annual $412,951
Annual Per SF $42.79
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $412,951
Annual Per SF $42.79
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $146,033
Annual Per SF $15.13
Net Operating Income (CAD)
Annual $266,918
Annual Per SF $27.66

Property Facts

Price $4,109,130 CAD
Price Per Unit $821,826 CAD
Sale Type Investment
Cap Rate 6.50%
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.

Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
50/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 2089-36-410-00-0768-0
  • 2089-36-410-00-0769-0
  • 2089-36-410-00-0770-0
  • 2089-36-410-00-0058-0
  • 2089-36-410-00-0771-0
Land Assessment
$2,691 CAD (2025)
Improvements Assessment
$10,248 CAD (2025)
Total Assessment
$12,938 CAD (2025)
  • Listing ID: 3698586

  • Date on Market: 2016-08-22

  • Last Updated:

  • Address: 1884-1892 Grand Ave, Baldwin, NY 11510

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