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    215 W Merrick Rd Freeport, NY 11520

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    For Lease
    $16,250 /Mo ($47 SF/Yr)

    Retail property on a high-traffic corner with full basement.

    Property size:
    4,069 SF
    Lot size:
    0.92 Acres

    Property Features for 215 W Merrick Rd

    General Information

    Size
    4,069 SF
    Lot size
    0.92 Acres

    Source: MGM Islandwide Realty, Inc. Agent Michael G Macchia

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space on High-Traffic Corner

    This retail property is located on a high-traffic corner of W. Merrick Rd and S. Long Beach Rd. The building offers over 115 feet of frontage on W. Merrick Rd. and includes a full basement. The property has a size of 4069 square feet. It is suitable for a bank or retail user.
    Insight Report Location Intelligence

    Current Use by Public Records

    Taco Bell Fast Food Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Freeport
    County
    Nassau
    State
    New York
    Longitude
    -73.589788
    Latitude
    40.652292

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    FAQs

    What type of property is this?
    Bank - Retail property on a high-traffic corner with full basement.
    Where is this bank located?
    The property is located at 215 W Merrick Rd Freeport, NY.
    What is the lease rate?
    The lease rate is $47 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic corner location (W. Merrick Rd and S. Long Beach Rd); - Over 115 feet of frontage on W. Merrick Rd; - Suitable for bank or retail user
    (516) 818-7650
    Request Owner's contact information
    215 W Merrick Rd Freeport, NY 11520
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    Freeport, NY 11520
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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
    215 W Merrick Rd Freeport, NY 11520
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