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Multi-Tenant Medical Office Building
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294 W Merrick Rd, Freeport, NY 11520

One-story office building with partial basement and 12 suites, with most space built out as medical offices.

Property Size11,604 SF
Lot Size0.56 Acres
Days on Market121

Property Features for 294 W Merrick Rd

General Information

Standard status Active
Size 11,604 SF
Lot size 0.56 Acres
Property subtype Office

Additional Details

Office Units 12

Building Details

Stories 1
Construction masonry
Tenancy Multi
Listing Agency: Cedar William
Listed By: Steven Koutsantonis · License #10311205589
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 11:36PM

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 Cedar William

Investment Insights

Based on property information with market context.

Freeport Medical Office Building is a one-story, masonry office property with a partial basement. The building contains 11,604 square feet above grade and 2,420 square feet in the basement. It is currently divided into 12 office suites, with 67% of the space built out as medical office.

The main entrance is located on the south side facing West Merrick Road, with a small lobby and tenant roster. A handicap ramp is located on the north elevation adjacent to the parking lot, and there is an additional exit on the west side of the building. Access to the basement is provided via an exterior staircase on the west side.

The property is equipped with oil forced warm air heat and central air conditioning. According to the rent roll, the rentable building area is 11,323 square feet. Two new leases were signed within the past eight months in suites 1 and 10, and the office suites were renovated prior to sale.

Key Highlights

  • One‑story office building with partial basement totaling 11,604 SF above grade and 2,420 SF basement (masonry construction).
  • 12 office suites; 67% of the space is built out as medical office.
  • Rentable building area of 11,323 SF per the rent roll.

Property Analytics

Current Use

Advanced Urology Centers ... Physician Computerama, Inc. Social Service Agency CYBS Accountants and Tax ... Accounting Firm Wellness IV Gym & Fitness Center Long Island Foot ... Medical Clinic

Suggested Use

Top Pick Real Estate Agency Gym & Fitness Center Tattoo & Piercing Shop Nursing Home (Bike/Boat/Book/etc) Store Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,665
Businesses Nearby

Demographics for 11520, NY

45,121
Population
14,912
Households
3
Avg Household Size
39
Median Age
27%
College-Educated
86%
High-School Grad
5.1 sq mi
ZIP Area
8,847
Density / Sq Mi
$119,407
Median Household Income
$47,475
Median Earnings
$1,984
Median Rent
$480,600
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - One-story office building with partial basement and 12 suites, with most space built out as medical offices.
Where is this office building located?
The property is located at 294 W Merrick Rd Freeport, NY.
What are key features of this property?
This property features: One‑story office building with partial basement totaling 11,604 SF above grade and 2,420 SF basement (masonry construction).; 12 office suites; 67% of the space is built out as medical office.; Rentable building area of 11,323 SF per the rent roll.
More about this property
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