174 Merrick Road, Merrick, NY 11566

Building Details

Tenancy Multi More

Listing Agency: EOM Realty Advisors, LLC

Listed By: Marc Jeret · License NY #10401368899 Show Phone

Source: Crexi

Added: Oct 19 Changed: Nov 8 Last Checked: Nov 10 at 8:27AM

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Investment Insights

Based on property information with market context.

This mixed-use property pairs a street-facing retail space occupied by Allstate Insurance with a vacant flex area at the rear. Both spaces have been renovated. The rear area is described as suitable for apartment or office use, and the property also includes a renovated patio and a shed.

The retail tenant has a three-year lease with increases and a remaining renewal option. A shared driveway serves the property at 174 Merrick Road in Merrick, New York.

Key Highlights

• Allstate Insurance occupies the front retail space under a three‑year lease with increases
• Vacant rear flex space described for apartment or office use
• Renovations completed in both the retail and rear flex areas

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Brad Rosenberg: Allstate ... Insurance Agency Allstate Insurance Agency Goli Realty Corp Real Estate Agency Garbage Collection Merrick Waste Management Facility

Suggested Use

Top Pick Garden Center Catering Service (Bike/Boat/Book/etc) Store Nursing Home Pet Grooming Service Hotel & Motel

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

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

811

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

Properties on Market for Mixed-use properties in Nassau County

Jul

Aug

Sep

Oct

Vacancy Rate% for Industrial in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

Frequently Asked Questions

What type of property is this?

Mixed-use property - A leased retail storefront and unoccupied rear area provide distinct spaces within one property.

Where is this mixed-use property located?

The property is located at 174 Merrick Road Merrick, NY.

What is the asking price?

The asking price for this property is $729,000.

What are key features of this property?

This property features: Allstate Insurance occupies the front retail space under a three‑year lease with increases; Vacant rear flex space described for apartment or office use; Renovations completed in both the retail and rear flex areas