Multifamily Housing
227-3 Merrick Boulevard Laurelton, NY 11413
Details & Description
Call for Pricing
    Asset Commercial Realty Group has been exclusively retained to market an entire block front between 228th and 227 Streets on Merrick Boulevard.  The property is occupied by 14 tenants, all with annual increases.  The property is located on a busy road and is near numerous national tenantsHighlights: 200’ on Merrick Boulevard All tenants have 3% annual rental increases All tenants reimburse for real estate tax and pay their own utilities Property is surrounded by local and national retailers Minimal Management NYC retail asset Significant upside in repositioning the property with national tenants at market rents Property is currently 100% leased Majority of tenants have been on premise for over 10 yearsImprovements: Property was completely renovated with new facade in 2006
    Property ID:    148423
    Property URL: melqr.com/148423
    Generated:    04-26-24
    Listing Agents
    Michelle Abramov

    O: 718-663-2652
    mabramov@ripcony.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.
    New York / Laurelton / 11413 / 227-3 Merrick Boulevard

    227-3 Merrick Boulevard

    Laurelton, NY 11413

    No Longer Listed
    227-3 Merrick Boulevard Laurelton, NY 11413 | for Sale | Photo 1
    Price
    $ /mo
    Description
    Asset Commercial Realty Group has been exclusively retained to market an entire block front between 228th and 227 Streets on Merrick Boulevard.  The property is occupied by 14 tenants, all with annual increases.  The property is located on a busy road and is near numerous national tenants
    Highlights:

    200’ on Merrick Boulevard
    All tenants have 3% annual rental increases
    All tenants reimburse for real estate tax and pay their own utilities
    Property is surrounded by local and national retailers
    Minimal Management NYC retail asset
    Significant upside in repositioning the property with national tenants at market rents
    Property is currently 100% leased
    Majority of tenants have been on premise for over 10 years

    Improvements:

    Property was completely renovated with new facade in 2006

    Laurelton Area Market Trends

    Listing Demographics for 227-3 Merrick Boulevard Laurelton, NY 11413

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population47,808392,936996,541
    Population Median Age403939
    Population by Age0-9 Yrs5199 (10%)44749 (11%)116377 (11%)
    10-19 Yrs5738 (12%)49064 (12%)122131 (12%)
    20-29 Yrs6064 (12%)57388 (14%)143918 (14%)
    30-39 Yrs6431 (13%)50602 (12%)128967 (12%)
    40-49 Yrs6125 (12%)50274 (12%)127446 (12%)
    50-59 Yrs7261 (15%)59289 (15%)147432 (14%)
    60-69 Yrs5464 (11%)43314 (11%)113108 (11%)
    70+ Yrs5526 (11%)38255 (9%)97162 (9%)
    Median HH Income$95,122$82,532$79,624
    Total Household Income< 24K1458 (10%)15274 (13%)42812 (14%)
    25-49K2046 (14%)19126 (16%)51769 (17%)
    50-74K1923 (13%)18843 (16%)49615 (16%)
    75-99K2020 (14%)16936 (14%)40496 (13%)
    100-199K5258 (37%)36664 (31%)88683 (29%)
    200K+1402 (9%)9849 (8%)30002 (9%)
    Highest Education LevelNo Diploma339335155104360
    Diploma or GED926078772187543
    Some College810558556123892
    Assoc. Degree37032464557351
    Bachelors Degree596546927133870
    Higher Degree35542756182430
    Total Housing Units14,961123,887322,419
    --Owner-Occupied11,11579,423194,822
    --Renter-Occupied2,99337,269108,555
    Owner-Occupied Values< 100K25925865948
    100-199K25113238281
    200-299K370499113745
    300-399K28622379940445
    400-499K47442797453570
    500K+26281875072833
    Total Working Age Population39,118318,290807,227
    In Work Force25,809211,482524,958
    Not In Work Force13,309106,808282,269
    Workforce Employed24,112195,395487,289
    Workforce Unemployed1,66015,94337,378
    Civlian Workforce25,772211,338524,668
    Military Workforce37144290
    Total Households14,107116,692303,376
    Family Households11,08189,905231,575
    Non-Family Households3,02626,78771,802
    Married Couple6,25350,669155,012
    Other Family4,82839,23676,563
    Married w/Child2,45620,68065,531
    Single Male w/Child3423,0065,747
    Single Female w/Child1,01310,19419,858

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    New York18,976,457+219,378,102+420,146,131+220,604,030
    Queens County2,229,37902,230,722+92,436,549+52,565,268
    Nassau County1,334,54401,339,532+41,386,500+31,432,859

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the population within 1 mile of 227-3 Merrick Boulevard in Laurelton?
    The population within 1 mile of 227-3 Merrick Boulevard Laurelton, NY 11413 is 47,808 people.
    Who do I contact for questions about 227-3 Merrick Boulevard?
    You should contact the listing agent, Michelle Abramov, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    John F Kennedy International Airport (JFK) 3
    La Guardia Airport (LGA) 10
    Newark Liberty International Airport (EWR) 22
    --
    No Longer Listed
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