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    Property profile & analytics
    FOR SALE
    Retail space

    821 Merrick Rd, Baldwin, NY 11510

    1,785 SF 0.05 ac lot Built 1946
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US63-2359282
    Property summary
    AI-generated overview

    This exceptional 1,785 square foot commercial property, located at 821 Merrick Road in Baldwin, NY 11510, presents a compelling investment opportunity. Situated on a 2,260 square foot lot, this one-story building boasts 8-10 foot ceilings and offers a flexible open layout ideal for a variety of uses, including retail, office, or restaurant operations. The prime location on heavily trafficked Merrick Road ensures high visibility and convenient access for customers and employees. Ample parking is available, and the property benefits from excellent proximity to major roadways, public transportation, and local amenities. Large windows provide abundant natural light and showcase the business to passersby. The property's versatility allows for customization to meet specific business needs, making it an attractive option for entrepreneurs and established businesses alike. Baldwin's growing community offers a blend of residential and commercial activity, creating a strong potential customer base. This property represents a solid foundation for future growth and success.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1946
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 1,785 SF
    Lot 0.05 ac (2,260 SF)
    APN 54-102-00-0002
    UPID US63-2359282
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Rischs Heater Repairs Big Box & Wholesale Store (Bike/Boat/Book/etc) Store
    • Armstrong Plumbing And Rodding Hardware & Home Improvement General Contractor
    • Sweet & Savory Cafe Take-out & Catering Catering Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Shlomov Realty LLC · 3 yrs held
    Shlomov Realty LLC
    since 2022
    Last sale
    $305,000
    4 recorded transactions
    2022
    $305,000
    2012
    $145,000
    2011
    1989
    $139,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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