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Property profile & analytics
OFF-MARKET
Investment properties

484 Merrick Rd Lynbrook, NY 11563-2484

672 SF 0.11 ac lot Built 1938
Entity Owned 17-yr Hold Absentee Owner Free & Clear
Property ID
US63-3841007
Property summary
AI-generated overview

This exceptional single-tenant retail property, located at 484 Merrick Road in Nassau County, presents a unique investment opportunity. Situated on a busy commercial thoroughfare, this property boasts a total building size of 16,266 square feet, with the available space encompassing 2,156 square feet. The property is zoned for commercial use and benefits from its location in a local shopping center, ensuring high visibility and foot traffic. The building itself does not include elevators. The property's address is further identified by its cross street, John Street. This presents a compelling opportunity for businesses seeking a high-traffic location with excellent visibility. The single-tenant occupancy provides a streamlined management structure, while the substantial square footage offers ample space for a variety of retail operations. The property's location within a thriving shopping center ensures a consistent flow of potential customers. This is an ideal space for a business looking to establish a strong presence in a busy commercial area. The property's zoning designation as "Commercial" allows for a wide range of potential uses, subject to local regulations. The convenient location and ample space make this property a highly desirable investment opportunity in a dynamic commercial area of Nassau County. Serious inquiries are encouraged to explore this promising retail space.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1938
Construction FRAME
Total area 672 SF
Lot 0.11 ac (4,920 SF)
APN 37-306-00-0164
UPID US63-3841007
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Lynbrook Music Instruction Vocational School Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
A & J Plaza At Lynbrook LLC · 17 yrs held
A & J Plaza At Lynbrook LLC
since 2009
2 recorded transactions
2017
Price N/A
2009
$1.3M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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