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22919 Merrick Blvd
Laurelton, NY 11413
229 Merrick Plaza · Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Storefront
Building Size
6,500 SF
Building Class
B
Year Built
1937
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.90
Lot Size
0.17 AC
Zoning
R3-2/ C1-3
Frontage
Amenities
- Signalized Intersection
About 22919 MERRICK BLVD , LAURELTON, NY 11413
The subject offering is an 6,508 square foot multi-tenant retail property on the corner of 230th Street and Merrick Blvd, Laurelton(Queens), New York. The property is currently 100% leased. This asset was renovated in 2006. Many of the tenants have been in occupancy for over ten years. All leases have annual rent escalations of 3%. The property rests on a 7,222 Square Foot lot, and has over 73 feet of frontage on Merrick Blvd. All of the tenants reimburse for Real Estate Taxes and pay their own utilities. Merrick Boulevard is the main retail thoroughfare in Springfield Gardens. This property is situated amongst various national retailers including Walgreen's, Duane Reade, Family Dollar, Chase and numerous other retailers.
Property Taxes
| Parcel Number | 12968-0116 | Improvements Assessment | $701,910 |
| Land Assessment | $146,700 | Total Assessment | $848,610 |
Property Taxes
Parcel Number
12968-0116
Land Assessment
$146,700
Improvements Assessment
$701,910
Total Assessment
$848,610
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