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    OFF-MARKET
    Retail properties & Spaces

    303 Merrick Rd, Valley Stream, NY 11580

    75,000 SF 0.68 ac lot Built 1971
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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