127-01 / 23 Merrick Boulevard, Jamaica, NY | Retail Strip | $5,500,000

Home/Completed, Investment Sales, Past Transactions/127-01 / 23 Merrick Boulevard, Jamaica, NY | Retail Strip | $5,500,000

127-01 / 23 Merrick Boulevard, Jamaica, NY | Retail Strip | $5,500,000


Asset Commercial Realty Group has been exclusively retained to market 127-01 Merrick Boulevard, Jamaica, NY.

The building spans a total of 13,250 SF on a 18,000 SF lot. The property was built in 2006. The center is 100% Occupied and encompasses a full block front on Merrick Boulevard between Selover Road and Andreson Road. Vibrant mix of Tenants with annual rent increases of 3%. The strip center is surrounded by national and local retailers. Tenants reimburse for all utilities and contribute to Real Estate Taxes. 100% Occupied. Most tenants have been in the center for over 5 years.

  • AssetCRG represented both the buyer and the seller
  • Sold For: $5,500,000
  • Asset Type: Retail Property
  • Square Footage: 13,250
  • CAP: 6.5 %

Additional Information

Asset Type







$ 5,500,000

Building Size

13,250 SF

Cap Rate





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    Our strong relationships with national retailers & office tenants, the broader real estate community, brokers, contractors, architects, engineers, attorneys, and local municipalities offer significant benefits to property owners. We're proud to provide the most comprehensive investment sales, leasing, and property management services across Metropolitan New York and Long Island.

    Contact Info

    215-15 Northern Boulevard,
    3rd Floor
    Bayside, NY 11361

    Phone: 646.586.2091

    Fax: 646.767.6790

    Web: www.assetcrg.com