464 Merrick Rd, Oceanside, NY 11572
Prime Oceanside, NY storefront on Merrick Road, asking $789,000. This 4,900 square foot Class C retail property boasts a high-traffic corner location with a traffic signal, ensuring excellent visibility and accessibility. The building, constructed in 1955, features approximately 2,900 square feet on the ground level, including a warehouse with an overhead door, and a full 2,000 square foot basement. The property includes two parking spaces and sits on a 0.1-acre lot (4,212 square feet). Currently 100% occupied with a single tenant under a modified lease. Its convenient location offers close proximity to Mount Sinai Hospital and the Long Island Rail Road (LIRR), providing significant foot and vehicular traffic. The property is zoned for retail use and has a Nassau County tax assessment of $26,620. This is a strong investment opportunity in a thriving commercial area.
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L & R Fireplace & Barbecue Center Hardware & Home Improvement
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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