Colonial Home with Dental
2461 Merrick Ave Merrick, NY 11566
2461 Merrick Ave, Merrick, NY, 11566
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For Sale
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Ground-floor active dental office with ADA bathroom and four operatories, atop a multi-bedroom residential layout.
Property Size3,415 SF
Price / SF$380.67
Days on Market83
Property Features for 2461 Merrick Ave
General Information
- Standard status
- Active
- Size
- 3,415 SF
- Property subtype
- Office
Building Details
- Year Built
- 1961
Listing agency
Douglas Elliman Commercial Division
(631) 858-2408
Listed by
Ben Indiviglia · License #NY 10401224061
Source
Crexi
Added: May 1 Updated: Jul 22 at 12:20AM Checked: Jul 22 at 12:20AM
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 Douglas Elliman Commercial Division
Investment Insights
Based on property information with market context.
This property combines a colonial single-family layout with an active, ground-floor dental office. The dental component includes four operatories (with nitrous and silver solder), three plumbed, along with a doctor’s office room, sterilization room, and dark room. Additional improvements for the office area include switch water, suction, a compressor, reinforced support beams, lead-lined walls, two kitchenettes, an ADA bathroom, and additional half and full bath facilities.
The upper floors provide residential living space, with the second floor featuring a living room, dining room, a new quartz kitchen with sliding doors to the deck, laundry room, a primary bedroom with an en-suite bath, two additional bedrooms, and a hall bathroom. The third floor offers two bedrooms, a full bath, and a walk-in closet/storage area. HVAC includes units replaced in 2023 providing forced hot air and central air independently serving the doctor’s office and the second floor, along with two gas boilers and two electric meters. The roof was replaced in 2012, and the front exterior has been painted.
The property includes two aprons and driveways, with approximately six to seven parking spaces available to support both office and residential use. It’s described as being permitted by Town of Hempstead for primary residency while operating an owner-occupied business.
The upper floors provide residential living space, with the second floor featuring a living room, dining room, a new quartz kitchen with sliding doors to the deck, laundry room, a primary bedroom with an en-suite bath, two additional bedrooms, and a hall bathroom. The third floor offers two bedrooms, a full bath, and a walk-in closet/storage area. HVAC includes units replaced in 2023 providing forced hot air and central air independently serving the doctor’s office and the second floor, along with two gas boilers and two electric meters. The roof was replaced in 2012, and the front exterior has been painted.
The property includes two aprons and driveways, with approximately six to seven parking spaces available to support both office and residential use. It’s described as being permitted by Town of Hempstead for primary residency while operating an owner-occupied business.
Key Highlights
- Ground‑floor active dental office with 4 operatories plus ADA bathroom and additional half bath and full bath
- Owner‑occupied live/work setup: Town of Hempstead allows primary residency while operating an owner‑occupied business
- Medical office features include suction, switch water, compressor, sterilization room, dark room, and lead‑lined wall
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $116.0k | $33.96 |
| − Vacancy | −$16.1k | −$4.72 |
| EGI | $99.9k | $29.24 |
| − OpEx | −$39.9k | −$11.70 |
| NOI | $59.9k | $17.54 |
3,415 SF · lease $33.96/SF/yr · vacancy 13.90% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$855.9K
$748.9K – $998.5K
NOI $59,912 @ 7.0% cap · market cap 4.61%
Second Best
Office B
$838.9K
$734.0K – $978.7K
NOI $58,722 @ 7.0% cap · market cap 4.52%
Theoretical Best
Specialty Retail
$2.26M
$1.98M – $2.63M
NOI $158,055 @ 7.0% cap · market cap 12.16%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Cammarata Robert DDS
Dental Office
Similar For Sale Nearby
Similar Off Market Nearby
- East Bay Veterinary Hospital — 2314 Merrick Rd, Merrick, NY 11566
- Companions Animal Hospital — 1798 Merrick Rd, Merrick, NY 11566
- Merrick Veterinary Group — 61 Sunrise Hwy, Merrick, NY 11566
- Bond Vet - Merrick — 2192 Merrick Rd, Merrick, NY 11566
- Dr. Jonathan E. May — 61 Sunrise Hwy, Merrick, NY 11566
FAQs
What type of property is this?
Medical Office Space - Ground-floor active dental office with ADA bathroom and four operatories, atop a multi-bedroom residential layout.
Where is this medical office space located?
The property is located at 2461 Merrick Ave Merrick, NY.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Ground‑floor active dental office with 4 operatories plus ADA bathroom and additional half bath and full bath; Owner‑occupied live/work setup: Town of Hempstead allows primary residency while operating an owner‑occupied business; Medical office features include suction, switch water, compressor, sterilization room, dark room, and lead‑lined wall
