Leased Strip Mall with
For Sale
$1,650,000
Pending
5640-18 Merrick Road, Massapequa, NY 11758
Commercial Sale, Massapequa, NY
Property SizeContact for details
Lot Size0.34 Acres
Days on Market141
Property Features for 5640-18 Merrick Road
General Information
Property type
Commercial Sale
Property subtype
Retail
Parking
17
Parking features
Parking Lot
Lot features
Corner Lot, Subdivided
Elementary school district
Massapequa
Middle school district
Massapequa
High school district
Massapequa
Directions
Take 135 South to Merrick Rd. The Merrick Plaza strip is located on Merrick Rd
Special listing conditions
In Foreclosure, Real Estate Owned
Standard status
Pending
APN
66-102-66
Lot size
0.34 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
45440
Utilities
Sewer type
Public Sewer
Cooling system
Multi Units, Central Air
Water source
Public
Building Details
Year built
1966
Floors in Building
1
Number of units
4
Flooring type
Concrete
Building materials
Block, Stucco
Listing Agency:
Promise Realty LLC
(718) 445-0000
Listed By:
Unsoo Lee
(516) 984-1762
Added: May 18
Changed: Sep 28
Last Checked: Oct 5 at 4:06AM
MLS# 1001439
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This strip mall is a fully leased retail property comprising a nail spa, smoke shop, pharmacy, and storage operation. The building dates to 1966 and features block and stucco construction, concrete flooring, multi-unit cooling, and central air. Public water and public sewer serve the property.
The property fronts Merrick Road in Massapequa and includes a parking lot with 17 spaces positioned at the front and rear. Existing tenant commitments extend through 2033–2038, providing a defined lease horizon. The site encompasses 0.344 acres and is offered as a retail investment property.
The property fronts Merrick Road in Massapequa and includes a parking lot with 17 spaces positioned at the front and rear. Existing tenant commitments extend through 2033–2038, providing a defined lease horizon. The site encompasses 0.344 acres and is offered as a retail investment property.
Key Highlights
- Fully leased strip mall with nail spa, smoke shop, pharmacy, and storage tenants
- 6% cap rate
- Tenant leases extend through 2033‑2038
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
696
Businesses Nearby
Explore this area
Business Placement
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Strip mall - Fully occupied retail property with established service, convenience, and storage tenants under extended lease terms.
Where is this strip mall located?
The property is located at 5640-18 Merrick Road Massapequa, NY.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Fully leased strip mall with nail spa, smoke shop, pharmacy, and storage tenants; 6% cap rate; Tenant leases extend through 2033‑2038
