Property profile

234 Merrick Rd Valley Stream, NY 11580

OFF-MARKET
Retail properties & Spaces
1,100 SF
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Property summary

AI-generated overview

This exceptional 1,100-square-foot office space, located on the highly desirable Merrick Road in Valley Stream, Nassau County, presents a fantastic opportunity for a variety of businesses. The single-tenant building offers ample space, perfect for a tax office, law office, medical practice, real estate/mortgage firm, or insurance agency. The property includes convenient rear parking, a significant advantage in this location. Rent includes property taxes and a security alarm system, minimizing operational costs. The space features a modern, recently updated restroom with accessible access, adding to its appeal. Central heating and cooling ensure year-round comfort. A versatile back room provides additional storage or workspace flexibility. The water bill is a manageable 33% of the total cost, billed quarterly. This move-in ready office space combines prime location, desirable amenities, and cost-effective features, making it an ideal choice for a discerning business seeking a thriving location in Valley Stream. Don't miss this chance to establish your business in this highly sought-after area.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1,100 SF

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Physician
  • Physician
  • Physician Medical Clinic
  • Physician
  • Medical Clinic

Location

234 Merrick Rd Valley Stream, NY 11580
Valley Stream metro
Google Maps

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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