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    4342-4348 Merrick Rd Massapequa, NY 11758

    For Sale
    $1,599,900

    Retail property in high-traffic Massapequa location with income potential.

    Lot size:
    0.18 Acres

    Property Features for 4342-4348 Merrick Rd

    General Information

    Lot size
    0.18 Acres

    Building Details

    Year built
    1976

    Source: Guru Real Estate Services LLC Agent Sanjiv Vig

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

    Overview

    Massapequa Retail Investment Opportunity

    This retail property is located in the heart of Massapequa, situated in a high-traffic area. The property features three stores and eight parking spaces. The current monthly income is $6,100 from a restaurant, $2,100 from a convenience store, and $3,386 from a barber shop. The property is suitable for various retail uses, including restaurants, convenience stores, barber shops, and other retail businesses.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    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
    State
    New York
    Longitude
    -73.473457
    Latitude
    40.666448

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    FAQs

    What type of property is this?
    Strip mall - Retail property in high-traffic Massapequa location with income potential.
    Where is this strip mall located?
    The property is located at 4342-4348 Merrick Rd Massapequa, NY.
    What is the asking price?
    The asking price for this property is $1,599,900.
    What are key features of this property?
    This property features: - High-traffic location in the heart of Massapequa.; - Income-generating property with existing tenants.; - Three established businesses (Restaurant, Convenience store, Barber shop).
    (516) 717-9164
    Request Owner's contact information
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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
    4342-4348 Merrick Rd Massapequa, NY 11758
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