For Sale
$1,400,000

229 Baldwin RdHempstead, NY 11550

High-traffic location, 6,175 SF, two units.

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional mixed-use property, located at 229 Baldwin Road in Hempstead, New York, presents a compelling investment opportunity. The 6,175 square foot building sits on a 0.22-acre lot and features two separate units, currently offering a mix of occupied and vacant space. Built in 1961, the single-story Class B building is categorized as a medical office, storefront, and traditional office space, making it suitable for a variety of uses. The property benefits from a high-traffic location on Baldwin Road, experiencing over 20,000 vehicles daily. Recent improvements include a brand new roof installed in November 2023. The asking price is $1,400,000, translating to $226.72 per square foot. This fee simple ownership offers a value-add investment opportunity for an owner/user. The property's multi-tenant configuration provides flexibility and potential for increased rental income. The building's versatile nature and prime location make it an attractive prospect for investors seeking a strong return on investment in the thriving Hempstead market. The property is situated in Nassau County, New York, with a zip code of 11550. No tenant credit rating is available.

Highlights

  • 6,175 SF building on a 0.22-acre lot.
  • Two units, one currently vacant.
  • New roof installed November 2023.
  • High-traffic location on Baldwin Road (20,000+ vehicles daily).

Property Details for 229 Baldwin Rd

Property type
Retail properties, Office properties
Square Feet
6,175 SF
Class
B
Year Built
1961
Buildings
1
Stories
1
Lot Size (sq. ft)
9,583 SF
Units
2

Location Insight

City
Hempstead
County
Nassau
State
New York
Latitude
40.694955938188
Longitude
-73.614706101936
229 Baldwin Rd, Hempstead, New York

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229 Baldwin Rd
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