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851 Merrick Rd 9,140 SF 69% Leased Retail Building Baldwin, NY 11510 $2,450,000 ($268.05/SF) 4.87% Cap Rate
Investment Highlights
- For Sale: 5 Unit Retail Strip in Baldwin, NY
- On-Site Parking in the Back
- High Traffic Counts: 23,728 VPD
- Great Lease-Up Opportunity
- 102 ft Frontage on Merrick Rd
- Surrounded by Various Other Retail Stores
Executive Summary
Current NOI is $84,382
Pro Forma NOI is $119,382
Property Facts
Amenities
- Corner Lot
Space Availability
- Space
- Size
- Space Use
- Position
- Available
*High-Visibility 1,400 SF Storefront with 1,400 SF Storage Basement | Merrick Rd | Retail / Office / Medical / Education | Ample Private Rear Parking* Unlock the potential of this versatile commercial space featuring 2,800 SF Total, split evenly between a 1,400 SF open-layout storefront and a matching 1,400 SF basement for extra storage at no additional cost. Located on highly trafficked Merrick Road, this white-box ready unit offers a clean layout with excellent natural light, updated flooring, and maximum exposure to over 23,000 vehicles passing daily. Ideal and approved for medical, professional office, retail, wellness, or educational use, the recently refreshed interior accommodates non-restaurant tenants as there is no cooking gas. Solving the ultimate suburban retail challenge, the property features a massive, unmetered 50-plus car private parking lot in the rear for clients and staff, supplemented by convenient street parking out front. Situated in a dense commercial corridor just a half-mile from the Baldwin LIRR station with quick access to the Southern State and Meadowbrook Parkways, this property delivers unbeatable convenience and competitive value.
| Space | Size | Space Use | Position | Available |
| Storefront | 1,400-2,800 SF | Office/Retail | - | Now |
Storefront
| Size |
| 1,400-2,800 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
Storefront
| Size | 1,400-2,800 SF |
| Space Use | Office/Retail |
| Position | - |
| Available | Now |
*High-Visibility 1,400 SF Storefront with 1,400 SF Storage Basement | Merrick Rd | Retail / Office / Medical / Education | Ample Private Rear Parking* Unlock the potential of this versatile commercial space featuring 2,800 SF Total, split evenly between a 1,400 SF open-layout storefront and a matching 1,400 SF basement for extra storage at no additional cost. Located on highly trafficked Merrick Road, this white-box ready unit offers a clean layout with excellent natural light, updated flooring, and maximum exposure to over 23,000 vehicles passing daily. Ideal and approved for medical, professional office, retail, wellness, or educational use, the recently refreshed interior accommodates non-restaurant tenants as there is no cooking gas. Solving the ultimate suburban retail challenge, the property features a massive, unmetered 50-plus car private parking lot in the rear for clients and staff, supplemented by convenient street parking out front. Situated in a dense commercial corridor just a half-mile from the Baldwin LIRR station with quick access to the Southern State and Meadowbrook Parkways, this property delivers unbeatable convenience and competitive value.
Nearby Major Retailers
Property Taxes
| Parcel Number | 2089-54-102-00-0169-0 | Improvements Assessment | $4,833 |
| Land Assessment | $3,066 | Total Assessment | $7,899 |
Property Taxes
Presented by
851 Merrick Rd
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