Mixed-Use

217-01 Merrick Blvd.

217-01 Merrick Blvd, Queens, NY 11413

Listing Price: $1,450,000

Cap Rate
7.53%
Number of Suites
5
Gross SF
3,471
Rentable SF
3,008
Price/Gross SF
$417.75
Lot Size
0.08 acres
Year Built
2003

Investment Overview

Mixed-Use Retail and Office Building in Laurelton, Queens. 217-01 Merrick Boulevard. provides 40 feet of frontage on Merrick Boulevard. with a total of 3,471 square feet available for rent. Annual taxes are $23,878 with a Tax Class 4 designation. The property is in a mixed-use R5D, C2-3 zoning district. Property was built by the seller in 2003. The two ground-floor retail tenants have additional space available below grade. There are three office units on the second floor.

Air conditioning and heating are provided via HVAC. All units are individually metered, and the leases are triple-net.

Investment Highlights

  • Mixed-Use, Office and Retail
  • Laurelton, Queens
  • 40 Feet of Frontage on Merrick Blvd.
  • Tax Class 4 - $23,878 Per Annum
  • Mixed-Use Zoning - R5D, C2-3
  • Built in 2003; HVAC and Individual Meters

Exclusively Listed By

Listing Price: $1,450,000

Cap Rate
7.53%
Number of Suites
5
Gross SF
3,471
Rentable SF
3,008
Price/Gross SF
$417.75
Lot Size
0.08 acres
Year Built
2003

Investment Highlights

  • Mixed-Use, Office and Retail
  • Laurelton, Queens
  • 40 Feet of Frontage on Merrick Blvd.
  • Tax Class 4 - $23,878 Per Annum
  • Mixed-Use Zoning - R5D, C2-3
  • Built in 2003; HVAC and Individual Meters

Investment Overview

Mixed-Use Retail and Office Building in Laurelton, Queens. 217-01 Merrick Boulevard. provides 40 feet of frontage on Merrick Boulevard. with a total of 3,471 square feet available for rent. Annual taxes are $23,878 with a Tax Class 4 designation. The property is in a mixed-use R5D, C2-3 zoning district. Property was built by the seller in 2003. The two ground-floor retail tenants have additional space available below grade. There are three office units on the second floor.

Air conditioning and heating are provided via HVAC. All units are individually metered, and the leases are triple-net.

Exclusively Listed By

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