Leased Retail Storefront
For Sale
Contact for pricing
851-861 Merrick Rd, Baldwin, NY 11510
Retail storefront asset with existing occupancy, available space, rear parking, and frontage along Merrick Road.
Property SizeContact for details
Days on Market145
Property Features for 851-861 Merrick Rd
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
American Investment Properties
(516) 393-2300
Listed By:
Ron Koenigsberg CCIM · License #NY 31K00933350
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 2:14PM
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 American Investment Properties
Investment Insights
Based on property information with market context.
The property comprises a retail storefront asset at 851-861 Merrick Rd in Baldwin, New York. The building is 85% leased and includes a 1,400 SF retail vacancy. A 4,000 SF basement provides additional space with potential leasing utility. On-site parking is positioned behind the building.
The property fronts Merrick Rd with more than 100 feet of frontage and reported traffic of 23,700 vehicles per day. Lease arrangements provide for tenant reimbursement of real estate taxes over specified base years, while tenants are responsible for other expenses. The combination of occupied storefront space, an existing retail vacancy, basement area, and established vehicular exposure creates a varied physical and leasing profile.
The property fronts Merrick Rd with more than 100 feet of frontage and reported traffic of 23,700 vehicles per day. Lease arrangements provide for tenant reimbursement of real estate taxes over specified base years, while tenants are responsible for other expenses. The combination of occupied storefront space, an existing retail vacancy, basement area, and established vehicular exposure creates a varied physical and leasing profile.
Key Highlights
- 85% leased retail storefront property
- 1,400 SF retail vacancy
- 4,000 SF basement with potential leasing utility
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,115
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 11510, NY
34,617
Population
11,463
Households
3
Avg Household Size
42
Median Age
43%
College-Educated
94%
High-School Grad
4.2 sq mi
ZIP Area
8,242
Density / Sq Mi
$141,120
Median Household Income
$62,185
Median Earnings
$1,695
Median Rent
$578,600
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
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- Wick's First Greenhouse Inc — 2170 grand ave, baldwin, ny 11510
Frequently Asked Questions
What type of property is this?
Storefront property - Retail storefront asset with existing occupancy, available space, rear parking, and frontage along Merrick Road.
Where is this storefront property located?
The property is located at 851-861 Merrick Rd Baldwin, NY.
What are key features of this property?
This property features: 85% leased retail storefront property; 1,400 SF retail vacancy; 4,000 SF basement with potential leasing utility
