Mixed-Use Property with Gated
320 Merrick Road, Amityville, NY 11701
For Sale
Contact for pricing
Three vacant divisions, HVAC, and B-2 General Business zoning accommodate a range of commercial use possibilities.
Property Size6,400 SF
Lot Size0.55 Acres
Price / SF$359.38
Days on Market33
Property Features for 320 Merrick Road
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Zoning
Site & Location
Frontage
Road Access
Additional Details
Office Units
Property Use
Amenities
Rear Gated Yard
Fully HVAC
Building Details
Tenancy
Listing Agency:
Industry One Realty Corporation
Listed By:
Mario Asaro · License #NY
Source:
Crexi
Added: Oct 8
Changed: Nov 8
Last Checked: Nov 8 at 3:10PM
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 Industry One Realty Corporation
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mixed-use property contains approximately 6,400 square feet across three vacant divisions measuring 3,600, 900, and 1,800 square feet. The layout allows for further division. The building is fully HVAC-equipped, has ceiling heights of approximately 10 feet, and includes a gated yard at the rear. The parking area was repaved in 2025 and provides approximately 33 spaces. The site covers 0.55 acres, or approximately 23,958 square feet.
At the corner of Merrick Road, the property has 45 feet of road frontage. B-2 General Business zoning is in place. Potential uses identified for the property include medical, veterinary, urgent care, daycare, insurance, school, and training operations.
At the corner of Merrick Road, the property has 45 feet of road frontage. B-2 General Business zoning is in place. Potential uses identified for the property include medical, veterinary, urgent care, daycare, insurance, school, and training operations.
Key Highlights
- Approximately 6,400 square feet on a 0.55‑acre site
- Three vacant divisions: 3,600 square feet, 900 square feet, and 1,800 square feet
- Approximately 33 parking spaces; lot repaved in 2025
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$125,126
Cap Rate
5.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,502,520
$2.5M
Cap Rate 7%
$1,787,514
$1.8M
Cap Rate 9%
$1,390,289
$1.4M
Market Conditions
NOI Build-Up for 6,400 SF
Gross rent
$192.0K $30.00/SF
− Vacancy
−$13.2K −$2.07/SF
EGI
$178.8K $27.93/SF
− OpEx
−$53.6K −$8.38/SF
NOI
$125.1K $19.55/SF
Area
Suffolk County, NY
Vacancy
6.90%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,502,520
Cap Rate 7%
$1,787,514
Cap Rate 9%
$1,390,289
Alternative Uses
Best Use
Retail
$1.79M
$1.56M – $2.09M
NOI $125,126 @ 7.0% cap · market cap 5.44%
Second Best
Mixed Use
$1.63M
$1.42M – $1.90M
NOI $113,933 @ 7.0% cap · market cap 4.95%
Theoretical Best
Office A
$1.95M
$1.71M – $2.27M
NOI $136,482 @ 7.0% cap · market cap 5.93%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
3
Office units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
730
Businesses Nearby
Explore this area
Business Placement
Demographics for 11701, NY
27,831
Population
9,544
Households
2.9
Avg Household Size
41
Median Age
31%
College-Educated
87%
High-School Grad
4.6 sq mi
ZIP Area
6,050
Density / Sq Mi
$110,639
Median Household Income
$48,080
Median Earnings
$2,307
Median Rent
$489,000
Median Home Value
Market
Average Price Trend$/SF for Mixed-use properties in Suffolk County, NY
Properties on Market for Mixed-use properties in Suffolk County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Three vacant divisions, HVAC, and B-2 General Business zoning accommodate a range of commercial use possibilities.
Where is this mixed-use property located?
The property is located at 320 Merrick Road Amityville, NY.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Approximately 6,400 square feet on a 0.55‑acre site; Three vacant divisions: 3,600 square feet, 900 square feet, and 1,800 square feet; Approximately 33 parking spaces; lot repaved in 2025
