Listing Agency: Coldwell Banker American Homes East Meadow r***@cruserealestate.com Show Phone

Listed By: Taleen Krug · License #NY

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 2:21PM

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Investment Insights

Based on property information with market context.

This mixed-use property combines an established delicatessen with two accessory apartments. The asset is located at 1420 Park Avenue in North Merrick, New York, providing a combination of commercial and residential components within one property.

Key Highlights

• Established delicatessen component
• Two accessory apartments
• Mixed‑use property at 1420 Park Avenue, North Merrick, NY 11566

Property Analytics

Property Profile

Current Use

Park Delicatessen Food Market

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Restaurant Grocery & Convenience Store Hair Salon

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

2

Residential units

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

574

Businesses Nearby

Explore this area Business Placement

Demographics for 11566, NY

35,147

Population

11,723

Households

3

Avg Household Size

43

Median Age

58%

College-Educated

94%

High-School Grad

5.4 sq mi

ZIP Area

6,509

Density / Sq Mi

$169,868

Median Household Income

$79,500

Median Earnings

$2,803

Median Rent

$679,000

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Established delicatessen paired with two accessory apartments in a mixed-use configuration.

Where is this mixed-use property located?

The property is located at 1420 Park Avenue N Merrick, NY.

What are key features of this property?

This property features: Established delicatessen component; Two accessory apartments; Mixed‑use property at 1420 Park Avenue, North Merrick, NY 11566