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    4342 Merrick Rd Massapequa, NY 11758

    Sponsored
    For Sale
    $1,943,000

    High-traffic retail strip, strong income.

    Property size:
    3,599 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional investment opportunity presents a thriving three-store retail property ideally situated on Merrick Road in the heart of Massapequa, NY. The property boasts a total of 3,599 square feet situated on a 0.18-acre lot, providing ample space for its current tenants and potential for future expansion or redevelopment. The building is currently occupied by a restaurant, a convenience store, and a barber shop, generating a substantial monthly income stream. The restaurant contributes $5,950, the convenience store $2,100, and the barber shop $3,288, totaling a significant monthly revenue. The property features eight convenient on-site parking spaces, ensuring easy access for customers and employees. This prime location on a busy, high-traffic thoroughfare guarantees excellent visibility and accessibility, making it an attractive destination for businesses and customers alike. The motivated seller presents a unique chance to acquire a stable, income-producing asset in a desirable and densely populated area. This property is an excellent addition to any investor's portfolio, offering both immediate returns and significant long-term potential. The strong tenant occupancy and consistent rental income make this a low-risk, high-reward investment opportunity. Don't miss this chance to secure a piece of Massapequa's thriving commercial landscape.

    Property Features for 4342 Merrick Rd

    General Information

    Property type
    Retail properties
    Square Feet
    3,599 SF
    Lot Size
    7,841 SF

    Building Details

    Year Built
    1976
    Property Profile Location Intelligence

    Current Use by Public Records

    Levelupcuts Barber Shop Pierce the Barber Barber Shop M&H FOOT RELAXATION Gym

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Massapequa
    County
    Nassau County
    State
    New York
    Longitude
    -73.47354
    Latitude
    40.66642

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail strip, strong income.
    Where is this retail property located?
    The property is located at 4342 Merrick Rd Massapequa, NY.
    What is the asking price?
    The asking price for this property is $1,943,000.
    (718) 805-0500
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    4342 Merrick Rd Massapequa, NY 11758
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    Massapequa, NY 11758
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4342 Merrick Rd Massapequa, NY 11758
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