Gas Station with Car
22820 Merrick Boulevard, Laurelton, NY 11413
For Sale
$450,000
The business also includes a convenience store and an auto repair shop.
Property Size2,220 SF
Price / SF$202.70
Days on Market179
Property Features for 22820 Merrick Boulevard
General Information
Standard status
Size
Property subtype
Automotive
Automotive Uses
Convenience Store
Car Wash Format
Tenancy & Operations
Tenant in Place
Real Estate Included
Additional Details
Business Included
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Wally Realty
Listed By:
Steve Caballero · License #10401394415
(718) 465-6600
Source:
Nmgproperties
Added: May 14
Changed: Nov 7
Last Checked: Nov 7 at 3:57PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Wally Realty
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Investment Insights
Based on property information with market context.
The business combines a gas station with a convenience store, an auto repair shop, and a self-service car wash area. The property measures 2,220 square feet and was built in 1963.
Key Highlights
- Includes a gas station, convenience store, auto repair shop, and self‑service car wash
- 2,220‑square‑foot property
- Built in 1963
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,627
Cap Rate
8.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$792,540
$792.5K
Cap Rate 7%
$566,100
$566.1K
Cap Rate 9%
$440,300
$440.3K
Market Conditions
NOI Build-Up for 2,220 SF
Gross rent
$66.6K $30.00/SF
− Vacancy
−$10.0K −$4.50/SF
EGI
$56.6K $25.50/SF
− OpEx
−$17.0K −$7.65/SF
NOI
$39.6K $17.85/SF
Area
Queens County, NY
Vacancy
15.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$792,540
Cap Rate 7%
$566,100
Cap Rate 9%
$440,300
Alternative Uses
Best Use
Specialty Retail
$1.47M
$1.28M – $1.71M
NOI $102,747 @ 7.0% cap · market cap 22.83%
Second Best
Retail
$566.1K
$495.3K – $660.5K
NOI $39,627 @ 7.0% cap · market cap 8.81%
Theoretical Best
Office A
$1.64M
$1.43M – $1.91M
NOI $114,563 @ 7.0% cap · market cap 25.46%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,350
Businesses Nearby
Explore this area
Business Placement
Demographics for 11413, NY
42,978
Population
14,485
Households
3
Avg Household Size
40
Median Age
29%
College-Educated
92%
High-School Grad
3.0 sq mi
ZIP Area
14,326
Density / Sq Mi
$114,766
Median Household Income
$50,525
Median Earnings
$2,038
Median Rent
$631,700
Median Home Value
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Gas station - The business also includes a convenience store and an auto repair shop.
Where is this gas station located?
The property is located at 22820 Merrick Boulevard Laurelton, NY.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Includes a gas station, convenience store, auto repair shop, and self‑service car wash; 2,220‑square‑foot property; Built in 1963
