Property profile

514 Merrick Rd Baldwin, NY 11510

FOR LEASE
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Property ID
US63-0243154
3,012 SF 0.12 ac Built 1963
Last sale Oct 2012·$450,000
Individually Owned Owner of record is an individual. 14-yr Hold Held for 14 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property is a mixed-use commercial portfolio consisting of two one-story buildings totaling approximately 13,000 square feet. It is located at 514 Merrick Road in Baldwin, providing a consolidated commercial footprint along Merrick Road near the Queens–Nassau County border. The site is approximately 2 miles from the Southern State Parkway and Meadowbrook Parkway, and is described as being near Rockville Centre and Baldwin Long Island Railroad stations, with rail service that connects to Penn Station or Grand Central.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$27k
Tax billed · 2023
Assessed value$4k
Assessed land$1k
Assessed improvement$3k
Effective rate648.90%

Value estimate

· Nov 2026
$520k
$468k – $572k
CAP approach$640k
Submarket $/SF estimate$405k
NOI build-up
Gross scheduled income$252k
Vacancy & credit loss−$45k
Operating expenses−$52k
NOI · 2,813.80% cap applied$155k

Realmo valuation models over county records and 34 qualifying comparable sales.

Recently sold

What actually traded nearby?
$373/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$249 – $522
Qualifying comparables34

Cap rate analysis

How does the asset earn?
2,813.80%
$155k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionNASSAU

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm15.1
Dental Office13.2
Pawn Shop11.3

Location

514 Merrick Rd Baldwin, NY 11510
County assessor Recorded deeds · 2 transfers 34 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2783 Milburn, Baldwin, NY 11510-4119 $580,000 Sep 2024 2,334 SF
2426-2428 Grand, Baldwin, NY 11510 $1,200,000 Sep 2023 2,356 SF
1614 Grand, North Baldwin, NY 11510-1805 $820,000 Apr 2023 2,686 SF
795 Merrick, Baldwin, NY 11510-3522 $1,150,000 Dec 2020 3,280 SF
960 Atlantic, Baldwin, NY 11510-4265 $700,000 Jan 2020 2,800 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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