Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    821 Merrick Rd Baldwin, NY 11510

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $649,000

    2,300 sq ft building on highly trafficked Merrick Road.

    Lot size:
    0.05 Acres

    Property Features for 821 Merrick Rd

    General Information

    Property type
    Commercial
    Standard status
    Active
    Lot size
    0.05 Acres

    We can help!

    Listing Contact
    Javed Iqbal
    Javed Iqbal
    Source: Elliman

    Listing Agency: Kaloshi Real Estate Inc Listing Agent: Javed Iqbal

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Prime Commercial Space on Merrick

    This 2,300 sq ft one-story building presents an opportunity for a user seeking real estate in Baldwin, NY. Situated on Merrick Road, the property benefits from high traffic, visibility, convenient access, and ample parking. The flexible commercial space features an open layout suitable for various businesses, including retail, office, and service-based ventures. Large windows provide natural light and street visibility. The location offers direct access to a thriving neighborhood with potential customers. The property has convenient access to major roadways, public transport, and local amenities. The building offers potential for customization.
    Location Intelligence

    Current Use by Public Records

    Rischs Heater Repairs Big Box & Wholesale Store Armstrong Plumbing And Rodding Hardware & Home Improvement Sweet & Savory Cafe Take-out & Catering

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Baldwin
    County
    Nassau
    State
    New York
    Longitude
    -73.610849
    Latitude
    40.651106

    Nearby Similar for Sale

    • $915,000
      4,000 SF

      Commercial Building on High-Traffic Roadway

      Prime commercial property with high visibility and excellent accessibility.
      1614 Grand Ave, Baldwin, NY 11510
      View Details
    • $799,000
      3,533 SF

      Retail Property in Excellent Condition

      Retail property with upside, collectible rents, and parking.
      1951-1953 Grand Ave, Baldwin, NY 11510
      View Details
    • $649,000
      1,785 SF

      Prime Baldwin Commercial Space Available

      2,300 sq ft commercial space on Merrick Road.
      821 Merrick Rd, Baldwin, NY 11510
      View Details
    • Contact for pricing
      19,618 SF

      Baldwin Office Building For Sale

      Office building near hospitals, train, and amenities in Baldwin, NY.
      865 Merrick Rd, Baldwin, NY 11510
      View Details
    • $150,000

      Established Laundromat Business For Sale

      Profitable laundromat business opportunity with 17 washers and 18 dryers.
      2406 Grand Ave, Baldwin, NY 11510
      View Details
    • Contact for pricing
      2,150 SF

      Neighborhood Shopping Center on Sunrise Highway

      77,804 sqft shopping center with national tenants and ample parking.
      660-684 Sunrise Hwy, Baldwin, NY 11510
      View Details
    • $3,000,000

      Baldwin South Business District Property

      Property in Baldwin South Business District with private parking lot.
      860 Atlantic Ave, Baldwin, NY 11510
      View Details
    • $875,000
      Pending

      Updated Two-Family House

      Immaculate, updated two-family house available for sale.
      2676 Johnson Pl, Baldwin, NY 11510
      View Details
    • $395,000
      Pending

      Charming Garden-Style Residence

      Spacious 2-bedroom residence with community amenities and convenient location.
      1600 Grand Ave, Baldwin, NY 11510
      View Details
    • Contact for pricing
      15,410 SF

      Retail Property on Merrick Road

      Retail property available for sale in Baldwin, New York.
      980-998 Merrick Rd, Baldwin, NY 11510
      View Details
    • $649,000
      1,785 SF

      Baldwin Commercial Property - $649,000

      Merrick Road Restaurant/Office Space
      821 Merrick Rd, Baldwin, NY 11510
      View Details
    • Contact for pricing
      11,700 SF

      Mixed-Use Building For Sale

      Two-story building with retail stores and apartments.
      2372 Grand Ave, Baldwin, NY 11510
      View Details

    FAQs

    What type of property is this?
    Retail space - 2,300 sq ft building on highly trafficked Merrick Road.
    Where is this retail space located?
    The property is located at 821 Merrick Rd Baldwin, NY.
    What is the asking price?
    The asking price for this property is $649,000.
    What are key features of this property?
    This property features: - Prime location on highly trafficked Merrick Road offering excellent visibility.; - Spacious 2,300 sq ft of flexible commercial space suitable for various businesses.; - Ample parking for clients and staff.
    (718) 287-5200
    Request Owner's contact information
    821 Merrick Rd Baldwin, NY 11510
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    821 Merrick Rd
    Baldwin, NY 11510
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    821 Merrick Rd Baldwin, NY 11510
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Javed Iqbal
    Javed Iqbal
    Real Estate License ID: 10311203437
    (718) 287-5200 (347) 234-1049
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!