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Merrick Blvd 4,000 SF 50% Leased Retail Building Laurelton, NY 11413 $3,850,000 ($962.50/SF) 4.21% Cap Rate
Executive Summary
two story retail building with room to expand office space on the second floor to 2000 sf
heavy foot & car traffic on busy Merrick Blvd near belt PKWY
heavy foot & car traffic on busy Merrick Blvd near belt PKWY
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,000 SF
Building Class
C
Year Built/Renovated
1931/2017
Price
$3,850,000
Price Per SF
$962.50
Cap Rate
4.21%
NOI
$162,000
Percent Leased
50%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
10’
Building FAR
1.84
Lot Size
0.05 AC
Zoning
C8-1 - a commercial zoning district in New York City that allows for heavy commercial uses and is a sub-district of the C8 zoning district
Frontage
Amenities
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Additional 1,000 SF of basement space available.$5900/month for 1st year, $6900 afterwards
Additional 1,000 SF of basement space available.
| Space | Size | Space Use | Position | Available |
| Back | 1,000 SF | Retail | In-Line | Now |
| Front | 1,000 SF | Retail | In-Line | Now |
Back
| Size |
| 1,000 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
Front
| Size |
| 1,000 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
Back
| Size | 1,000 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Additional 1,000 SF of basement space available.$5900/month for 1st year, $6900 afterwards
Front
| Size | 1,000 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Additional 1,000 SF of basement space available.
Walk Score®
Very Walkable (85)
Nearby Major Retailers
Property Taxes
| Parcel Number | 12959-0017 | Improvements Assessment | $22,988 |
| Land Assessment | $5,036 | Total Assessment | $28,024 |
Property Taxes
Parcel Number
12959-0017
Land Assessment
$5,036
Improvements Assessment
$22,988
Total Assessment
$28,024
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Queens Community Realty
Merrick Blvd
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