111 Merrick Rd, Amityville, NY
16,000 SF retail property available in Amityville, NY.
- Added:
- Nov 27, 2024
- Days on Market:
- 558
- Last Refresh:
- May 20 at 8:11 pm
Property Features for 111 Merrick Rd
General Information
- Standard status
- Active
- Size
- 16,000 SF
- Lot size
- 0.91 Acres
- Property subtype
- RETAIL
Listing agent Ryan Rodger
Listing office United Properties Corp. (516) 223-6200
Listing date Nov 27, 2024
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of United Properties Corp.
HighLights
- 16,000 SF retail property for sale.
- Located in Amityville, NY.
- Retail property.
- Available property.
- Property in NY.
- Property for sale.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $480.0k | $30.00 |
| − Vacancy | −$33.1k | −$2.07 |
| EGI | $446.9k | $27.93 |
| − OpEx | −$134.1k | −$8.38 |
| NOI | $312.8k | $19.55 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Amityville
- County
- Suffolk
- State
- New York
- Longitude
- -73.4171
- Latitude
- 40.6711
