Listing Agency: SVN | Stora Realty s***@svn.com Show Phone

Listed By: Steven Stoehrer · License #NY 31ST1012361

Source: Crexi

Added: Apr 10 Changed: Aug 30 Last Checked: Aug 30 at 4:24PM

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Investment Insights

Based on property information with market context.

This offering comprises a portfolio of retail centers along Merrick Road in Merrick, New York. The properties are surrounded by major retailers and provide a multi-center format for commercial retail ownership.

The portfolio is located approximately five minutes from NY-27, providing access to a major regional roadway. The offering includes the retail centers at 2019–2055 Merrick Road, Merrick, NY 11566.

Key Highlights

• Portfolio of retail centers
• Approximately five minutes from NY‑27
• Surrounded by major retailers

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Auto Parts Store Nursing Home Hotel & Motel Catering Service Travel Agency Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

1,092

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 11566, NY

35,147

Population

11,723

Households

3

Avg Household Size

43

Median Age

58%

College-Educated

94%

High-School Grad

5.4 sq mi

ZIP Area

6,509

Density / Sq Mi

$169,868

Median Household Income

$79,500

Median Earnings

$2,803

Median Rent

$679,000

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Questions? Ask Rey

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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?

Shopping center - Multiple retail properties are positioned near major retailers and within a five-minute drive of NY-27.

Where is this shopping center located?

The property is located at 2019-2055 Merrick Road Merrick, NY.

What are key features of this property?

This property features: Portfolio of retail centers; Approximately five minutes from NY‑27; Surrounded by major retailers