Amityville Multi-Tenant Investment
74 Merrick Rd Amityville, NY 11701
74 Merrick Rd, Amityville, NY, 11701
Contact for pricing
For Sale
Contact for pricing
Multi-tenant investment property with retail and entertainment space.
Property Size4,500 SF
Price / SF$333.33
Days on Market54
Property Features for 74 Merrick Rd
General Information
- Standard status
- Active
- Size
- 4,500 SF
- Property subtype
- Retail
Listing Agency
Tripoint Real Estate
Listed by
Christopher Cardenas · License #10491213447
Source
Crexi
Added: May 26 Checked: Jul 17 at 7:56 am
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
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.
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 | $135.0k | $30.00 |
| − Vacancy | −$9.3k | −$2.07 |
| EGI | $125.7k | $27.93 |
| − OpEx | −$37.7k | −$8.38 |
| NOI | $88.0k | $19.55 |
4,500 SF · lease $30.00/SF/yr · vacancy 6.90% · expense 30.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Kalodimas
Tattoo & Piercing Shop
Combs Bait & Tackle
(Bike/Boat/Book/etc) Store
As Above Tattoo
Tattoo & Piercing Shop
South Shore Tattoo
Tattoo & Piercing Shop
Similar For Sale Nearby
FAQs
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.
