Corner NNN Commercial
24324 Merrick Boulevard, Rosedale, NY 11422
For Sale
$690,000
A restaurant and bar tenant occupies the building under a net lease, with central HVAC and natural gas service.
Property Size1,455 SF
Lot Size0.05 Acres
Price / SF$474.23
Days on Market105
Property Features for 24324 Merrick Boulevard
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Tenancy & Operations
Currently Operating
Tenant in Place
Additional Details
Corner Location
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Tenancy
Listing Agency:
Chase Global Realty Corp
(718) 355-8788
Listed By:
Sophia X. Yao · License #10311201216
(929) 260-9118
Source:
Clairedleone
Added: Jul 27
Changed: Nov 7
Last Checked: Nov 7 at 3:51PM
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 Chase Global Realty Corp
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Investment Insights
Based on property information with market context.
The corner commercial property at 24324 Merrick Boulevard in Rosedale contains a 1,455-square-foot building on an approximately 24-by-93-foot lot. Built in 1967, it measures approximately 19 by 73 feet and has central HVAC, natural gas, and no basement. The current occupant operates a restaurant and bar; the business is not part of the sale. Recent roof waterproofing has been completed, and the owner’s stated maintenance responsibility is primarily roof-related.
The same tenant has occupied the property for approximately 19 years, with about one year remaining on the current lease. The lease is NNN, and the tenant pays property taxes and the water bill. The property is next to a McDonald’s and within walking distance of the Rosedale LIRR Station. An estimated cap rate of 6%+ is reported.
The same tenant has occupied the property for approximately 19 years, with about one year remaining on the current lease. The lease is NNN, and the tenant pays property taxes and the water bill. The property is next to a McDonald’s and within walking distance of the Rosedale LIRR Station. An estimated cap rate of 6%+ is reported.
Key Highlights
- 1,455‑square‑foot building on an approximately 24' x 93' lot
- Approximately 19' x 73' building footprint; built in 1967
- NNN lease; tenant pays property taxes and water
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,166
Businesses Nearby
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Business Placement
Demographics for 11422, NY
32,839
Population
10,694
Households
3.1
Avg Household Size
41
Median Age
33%
College-Educated
90%
High-School Grad
2.1 sq mi
ZIP Area
15,638
Density / Sq Mi
$108,519
Median Household Income
$51,788
Median Earnings
$2,327
Median Rent
$629,100
Median Home Value
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Market
Properties on Market for NNN properties in Queens County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
NNN property - A restaurant and bar tenant occupies the building under a net lease, with central HVAC and natural gas service.
Where is this nnn property located?
The property is located at 24324 Merrick Boulevard Rosedale, NY.
What is the asking price?
The asking price for this property is $690,000.
What are key features of this property?
This property features: 1,455‑square‑foot building on an approximately 24' x 93' lot; Approximately 19' x 73' building footprint; built in 1967; NNN lease; tenant pays property taxes and water
