Property profile

303 Merrick Rd Valley Stream, NY 11580

OFF-MARKET
Retail properties & Spaces
75,000 SF 0.68 ac lot Built 1971
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Property summary

AI-generated overview

This exceptional five-story, 75,000 square foot commercial building at 303 E Merrick Road in Lynbrook, NY, offers a diverse range of office and medical spaces for lease. Located in Nassau County, this 1971-built property sits on 0.68 acres and features multiple tenancies, making it ideal for businesses of various sizes. Suites range from 556 to 2,409 square feet, providing flexibility for diverse needs. The building boasts three elevators – two passenger and one freight – ensuring efficient vertical transportation. Significant power is available, exceeding 5,000 amps, catering to businesses with substantial energy demands. Convenient underground parking is complemented by ample above-ground parking and nearby municipal lots. Electric costs are $3.75 per square foot, inclusive of heat. The work letter is negotiable, and immediate occupancy is possible. This prime location offers easy access to major transportation routes and amenities, making it an attractive option for businesses seeking a well-equipped and conveniently located office space in the heart of Lynbrook.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1971
Total area 75,000 SF
Lot 0.68 ac (29,621 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

303 Merrick Rd Valley Stream, NY 11580
Valley Stream metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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