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231-02 Merrick Blvd
Springfield Gardens, NY 11413
Retail Property For Sale
Investment Highlights
- Corner Building with Dedicated Loading Area
- 200’ Wrap-Around Frontage on Corner of Merrick Blvd & Francis Lewis Blvd
- Quick Access to Belt Parkway
- Occupied by Chase Bank, Major Anchor Tenant
- High-Traffic Retail Corridor
- Annual Average Daily Traffic of 26,300 Vehicles between Merrick Blvd & Francis Lewis Blvd
Executive Summary
A rare opportunity to acquire a premier commercial property featuring a 9,900 SF building on a 10,200 SF lot at one of Queens' most prominent intersections. The property offers substantial existing square footage and a highly visible corner presence, making it a compelling asset for investors and owner-users alike.
Strategically positioned at the prominent corner of Merrick Boulevard and Francis Lewis Boulevard, the site boasts approximately 200 feet of prime corner frontage spanning both thoroughfares, delivering outstanding visibility and exposure to substantial pedestrian and vehicular traffic throughout the day. Its combination of scale, location, and corner exposure makes this a truly unique offering in one of Queens' most active commercial corridors.
Strategically positioned at the prominent corner of Merrick Boulevard and Francis Lewis Boulevard, the site boasts approximately 200 feet of prime corner frontage spanning both thoroughfares, delivering outstanding visibility and exposure to substantial pedestrian and vehicular traffic throughout the day. Its combination of scale, location, and corner exposure makes this a truly unique offering in one of Queens' most active commercial corridors.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
9,900 SF
Building Class
B
Year Built
2005
NOI
$340,204
Percent Leased
29%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.97
Lot Size
0.23 AC
Zoning
C1-3/R3-2/R3A
Property Taxes
| Parcel Number | 13158-0028 | Improvements Assessment | $1,026,810 |
| Land Assessment | $139,500 | Total Assessment | $1,166,310 |
Property Taxes
Parcel Number
13158-0028
Land Assessment
$139,500
Improvements Assessment
$1,026,810
Total Assessment
$1,166,310
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