Amityville Multi-Tenant Investment
For Sale
Contact for pricing
74 Merrick Rd, Amityville, NY 11701
Multi-tenant investment property with retail and entertainment space.
Property Size4,500 SF
Price / SF$333.33
Days on Market144
Property Features for 74 Merrick Rd
General Information
Standard status
Active
Size
4,500 SF
Property subtype
Retail
Occupancy
100%
Lease Type
Gross
Building Details
Tenancy
Multi
Listing Agency:
Tripoint Real Estate
Listed By:
Christopher Cardenas · License #10491213447
Source:
Crexi
Added: May 26
Changed: Oct 10
Last Checked: Oct 16 at 8:54AM
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 Tripoint Real Estate
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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.
The property at 74 Merrick Rd, Amityville, is configured as a multi-tenant investment. It features established local businesses, including a tattoo studio and a bait & tackle retail operation. The building offers a blend of retail, service, and entertainment-oriented space. It features strong street frontage and dedicated rear parking, enhancing accessibility for customers and tenants. Interior photos show renovated finishes, open retail layouts, and lounge/recreation areas. The property size is 4,500 square feet.
Key Highlights
- Strong street frontage and dedicated rear parking for customers and tenants.
- Multi‑tenant investment property with established local businesses.
- Unique blend of retail, service, and entertainment‑oriented space.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$87,980
Cap Rate
5.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,759,600
$1.8M
Cap Rate 7%
$1,256,857
$1.3M
Cap Rate 9%
$977,556
$977.6K
Market Conditions
NOI Build-Up for 4,500 SF
Gross rent
$135.0K $30.00/SF
− Vacancy
−$9.3K −$2.07/SF
EGI
$125.7K $27.93/SF
− OpEx
−$37.7K −$8.38/SF
NOI
$88.0K $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%
$1,759,600
Cap Rate 7%
$1,256,857
Cap Rate 9%
$977,556
Alternative Uses
Best Use
Retail
$1.26M
$1.10M – $1.47M
NOI $87,980 @ 7.0% cap · market cap 5.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M
NOI $95,964 @ 7.0% cap · market cap 6.40%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,200
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Multi-tenant investment property with retail and entertainment space.
Where is this retail space located?
The property is located at 74 Merrick Rd Amityville, NY.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Strong street frontage and dedicated rear parking for customers and tenants.; Multi‑tenant investment property with established local businesses.; Unique blend of retail, service, and entertainment‑oriented space.
