One-Story Multi-Tenant Retail
For Sale
Contact for pricing
229-19 Merrick Blvd, Laurelton, NY 11413
One-story multi-tenant retail building on a signalized corner, renovated in 2006 and fully leased.
Property Size6,508 SF
Price / SF$845.11
Days on Market145
Property Features for 229-19 Merrick Blvd
General Information
Standard status
Active
Size
6,508 SF
Class
B
Property subtype
Retail
Zoning
R3-2/C1-3
Occupancy
100%
Lease Type
NN
Investment Type
Stabilized
Net Operating Income
$319,159
Building Details
Year Built
1937
Year Renovated
2006
Buildings
1
Stories
1
Units
7
Tenancy
Multi
Listing Agency:
East Coast New York Inc.
Listed By:
Eric Li · License #10301218578
(917) 974-0992
Source:
Crexi
Added: Apr 15
Changed: Sep 5
Last Checked: Sep 3 at 10:45AM
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 East Coast New York Inc.
Investment Insights
Based on property information with market context.
229-19 Merrick Boulevard is a one-story, multi-tenant retail building positioned on a signalized corner. The property was renovated in 2006 and is currently fully leased. Lease terms include 3% annual rent escalations, and tenants pay their own utilities while reimbursing property taxes.
Located on Merrick Boulevard in Laurelton, Queens, the surrounding retail mix includes Walgreens, Duane Reade, Family Dollar, Chase, and other nearby neighborhood retailers, supporting consistent everyday storefront demand.
For buyers seeking an income-producing retail asset with existing in-place occupancy and structured annual rent growth, this turn-key corner property offers a straightforward, management-friendly ownership profile.
Located on Merrick Boulevard in Laurelton, Queens, the surrounding retail mix includes Walgreens, Duane Reade, Family Dollar, Chase, and other nearby neighborhood retailers, supporting consistent everyday storefront demand.
For buyers seeking an income-producing retail asset with existing in-place occupancy and structured annual rent growth, this turn-key corner property offers a straightforward, management-friendly ownership profile.
Key Highlights
- One‑story, multi‑tenant retail building at 229‑19 Merrick Boulevard in Laurelton, Queens
- Signalized corner location on Merrick Boulevard
- Renovated in 2006
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,543
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
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - One-story multi-tenant retail building on a signalized corner, renovated in 2006 and fully leased.
Where is this retail space located?
The property is located at 229-19 Merrick Blvd Laurelton, NY.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: One‑story, multi‑tenant retail building at 229‑19 Merrick Boulevard in Laurelton, Queens; Signalized corner location on Merrick Boulevard; Renovated in 2006
