5514 Merrick RdMassapequa, NY 11758

  • Other commercial real estate
  • 448 SF
For Sale
$549,500 View listing

Property Details for 5514 Merrick Rd

Year built
1930
Construction
FRAME
Lot size
0.09 AC
Property size (Sq ft)
448 SF
Property type
Other commercial real estate
APN
66-005-00-0054
APU
66005000054

Description

This exceptional commercial property, located at 5514 Merrick Road in Massapequa, New York, presents a fantastic opportunity for a variety of businesses. Priced at $549,500, this general commercial space offers high visibility from its prime location on Merrick Road, ensuring significant exposure to potential customers. The building features a spacious, open layout ideal for flexible configurations to suit diverse business needs. A convenient bathroom is included for employee and client use. Maintaining a comfortable working environment is ensured by the presence of central air conditioning. The property also benefits from natural gas hookup, providing efficient and cost-effective utility service. Ample parking is available in a dedicated rear lot, eliminating parking concerns for employees and clients. A significant advantage is the addition of a rear extension, offering valuable extra space that can be utilized as a separate office, storage area, or adapted to meet specific business requirements. This versatile space is ready for immediate occupancy and presents a compelling investment opportunity in a desirable location. The property sits on a lot of 0 acres. Serious inquiries are encouraged.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $92,233
    Hospitality
    $84,485
    Educational
    $70,291
    Medical
    $72,708
    Retail
    $109,341
5514 Merrick Rd, Massapequa, New York

Location Insight

City
Massapequa
County
Nassau
State
New York
Latitude
40.6688
Longitude
-73.4337
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$12,403
$1,281
$604
$1,885
-
-
-
$188,500

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