Log In/Sign Up
Your email has been sent.
851 Merrick Rd 9,140 SF Retail Building Baldwin, NY 11510 $3,374,875 CAD ($369.24 CAD/SF) 5.89% Cap Rate
Investment Highlights
- For Sale: 5 Unit Retail Strip in Baldwin, NY
- On-Site Parking in the Back
- High Traffic Counts: 23,728 VPD
- Great Lease-Up Opportunity
- 102 ft Frontage on Merrick Rd
- Surrounded by Various Other Retail Stores
Executive Summary
American Investment Properties is retained to sell 851-861 Merrick Rd in Baldwin, New York. At this location is a retail strip center with several units. This property boasts traffic counts of over 23,700 vehicles per day, over 100 feet of frontage on Merrick Rd, and onsite parking behind the building.
Current NOI is $84,382
Pro Forma NOI is $144,382
Current NOI is $84,382
Pro Forma NOI is $144,382
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
9,140 SF
Building Class
B
Year Built
1956
Price
$3,374,875 CAD
Price Per SF
$369.24 CAD
Cap Rate
5.89%
NOI
$198,886 CAD
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.62
Lot Size
0.34 AC
Zoning
Commercial - Commercial
Parking
10 Spaces (1.09 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
Moderately walkable
70/100
Moderately drivable
70/100
Good public transit
60/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 2089-54-102-00-0169-0 | Improvements Assessment | $5,707 CAD |
| Land Assessment | $3,620 CAD | Total Assessment | $9,327 CAD |
Property Taxes
Parcel Number
2089-54-102-00-0169-0
Land Assessment
$3,620 CAD
Improvements Assessment
$5,707 CAD
Total Assessment
$9,327 CAD
1 of 15
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
851 Merrick Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.