Retail Storefront with Open
4804 Merrick Rd Massapequa, NY 11758
4804 Merrick Rd, Massapequa, NY, 11758
$599,000
For Sale
$599,000
Open floor plan retail space with one bathroom and ample parking with dedicated spots, expandable to 1,200 sq. ft.
Property Size1,200 SF
Price / SF$499.17
Days on Market75
Property Features for 4804 Merrick Rd
General Information
- Standard status
- Active
- Size
- 1,200 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1950
Listing agency
EXIT Realty Premier
(516) 795-1000
Listed by
Benny A. Diasparra
Source
Elliman
Added: May 9 Updated: Jul 21 at 4:36PM Checked: Jul 21 at 4:36PM
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 EXIT Realty Premier
Investment Insights
Based on property information with market context.
This retail storefront offers an open floor plan with one bathroom. The space is presented as ready for business and includes ample parking with dedicated spots, supporting straightforward customer access.
The property is described as being at the foot of Harbour Green and Bar Harbour, with visibility intended to support a range of retail and service concepts.
An expandable layout is noted, with an additional 1,200 square feet available, creating flexibility for future growth while maintaining the same general retail configuration.
The property is described as being at the foot of Harbour Green and Bar Harbour, with visibility intended to support a range of retail and service concepts.
An expandable layout is noted, with an additional 1,200 square feet available, creating flexibility for future growth while maintaining the same general retail configuration.
Key Highlights
- Open floor plan retail space with 1 bathroom
- Expandable up to 1,200 sq. ft.
- Ample parking lot with dedicated spots
Local Financial Insights For Retail
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 | $36.0k | $30.00 |
| − Vacancy | −$2.1k | −$1.71 |
| EGI | $33.9k | $28.29 |
| − OpEx | −$10.2k | −$8.49 |
| NOI | $23.8k | $19.80 |
1,200 SF · lease $30.00/SF/yr · vacancy 5.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$339.5K
$297.1K – $396.1K
NOI $23,764 @ 7.0% cap · market cap 3.97%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$793.4K
$694.2K – $925.7K
NOI $55,539 @ 7.0% cap · market cap 9.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
DE Capital Mortgage
Loan Service
Douglas Elliman Real ...
Real Estate Agency
EXIT Realty Premier
Real Estate Agency
The Nociforo Team | Best ...
Real Estate Agency
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FAQs
What type of property is this?
Retail space - Open floor plan retail space with one bathroom and ample parking with dedicated spots, expandable to 1,200 sq. ft.
Where is this retail space located?
The property is located at 4804 Merrick Rd Massapequa, NY.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Open floor plan retail space with 1 bathroom; Expandable up to 1,200 sq. ft.; Ample parking lot with dedicated spots
