Renovated Storefront
4181 Merrick Road, Massapequa, NY 11758
For Sale
$1,250,000
The updated building is zoned GB for commercial use.
Property Size2,992 SF
Price / SF$417.78
Days on Market30
Property Features for 4181 Merrick Road
General Information
Standard status
Size
Class
Total Parking Spaces
Property subtype
Zoning
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Stories
Units
Listing Agency:
Century 21 AA Realty
(631) 226-5995
Listed By:
Emanuel Guella
(631) 987-3716
Source:
Adamstreetrealty
Added: Oct 9
Changed: Nov 2
Last Checked: Nov 7 at 2:12AM
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 Century 21 AA Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,992-square-foot storefront property at 4181 Merrick Road in Massapequa was built in 1963 and has been renovated. The property carries GB zoning.
Key Highlights
- 2,992‑square‑foot storefront property
- GB zoning
- Built in 1963 and recently renovated
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,251
Cap Rate
4.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,185,020
$1.2M
Cap Rate 7%
$846,443
$846.4K
Cap Rate 9%
$658,344
$658.3K
Market Conditions
NOI Build-Up for 2,992 SF
Gross rent
$89.8K $30.00/SF
− Vacancy
−$5.1K −$1.71/SF
EGI
$84.6K $28.29/SF
− OpEx
−$25.4K −$8.49/SF
NOI
$59.3K $19.80/SF
Area
Nassau County, NY
Vacancy
5.70%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,185,020
Cap Rate 7%
$846,443
Cap Rate 9%
$658,344
Alternative Uses
Best Use
Retail
$846.4K
$740.6K – $987.5K
NOI $59,251 @ 7.0% cap · market cap 4.74%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.98M
$1.73M – $2.31M
NOI $138,477 @ 7.0% cap · market cap 11.08%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
828
Businesses Nearby
83k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 53%
Groceries 41%
Dining 3%
Beauty & Spa 3%
Stop & Shop
Groceries
33,647 visits/mo
0.2 miles
Shell
Shops & Services
16,915 visits/mo
0.2 miles
Bethpage Federal Credit Union
Shops & Services
7,052 visits/mo
0.3 miles
TD Bank
Shops & Services
5,837 visits/mo
0.1 miles
Speedway
Shops & Services
5,659 visits/mo
0.0 miles
Demographics for 11758, NY
54,226
Population
19,297
Households
2.8
Avg Household Size
44
Median Age
50%
College-Educated
97%
High-School Grad
12.0 sq mi
ZIP Area
4,519
Density / Sq Mi
$157,404
Median Household Income
$72,947
Median Earnings
$2,153
Median Rent
$624,800
Median Home Value
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Market
Properties on Market for Storefront properties in Nassau County
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Flower After Flower — 4143 Merrick Rd, Massapequa, NY 11758
- Benicia Florist Same Day Delivery Inc — 4303 merrick rd, massapequa, ny 11758
- Full Service Florist — massapequa, ny 11758
Frequently Asked Questions
What type of property is this?
Storefront property - The updated building is zoned GB for commercial use.
Where is this storefront property located?
The property is located at 4181 Merrick Road Massapequa, NY.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 2,992‑square‑foot storefront property; GB zoning; Built in 1963 and recently renovated
