4236 Merrick RdMassapequa, NY 11758

Property Details for 4236 Merrick Rd

Year built

1966

Construction

FRAME

Lot size

0.15 AC

Property size (Sq ft)

2,603 SF

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

65-038-00-1359

APU

65038001359

Description

This exceptional single-tenant office space, located at 4236 Merrick Road in Massapequa, New York, presents a fantastic opportunity for businesses seeking a well-situated and functional workspace. The property, situated in Nassau County (zip code 11758), offers a total of 4,650 square feet, with 1,600 square feet currently available for lease. The building is classified as both retail and office space, making it suitable for a variety of businesses. The property's traditional office subtype ensures a professional and established environment. Its convenient location on Merrick Road provides excellent visibility and accessibility. The single-tenant occupancy offers privacy and control over the space. This is an ideal opportunity for a business looking to establish or expand its presence in the thriving Massapequa market. The available 1,600 square feet provides ample room for various office configurations, allowing for customization to meet specific business needs. The property's location in Nassau County, New York, offers access to a strong workforce and a vibrant local economy. Interested parties are encouraged to inquire further to explore the possibilities of this prime commercial real estate opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $455,414

  6.5%

  $420,382

  7%

  $390,355

• Comparable approach

  Method

  Valuation

  Relative Method

  $340,108

  Geo Method

  $340,108

• Alternative Use

  Use

  Valuation

  Residential

  $521,274

  Hospitality

  $477,484

  Educational

  $397,261

  Medical

  $410,924

  Retail

  $617,962

Location Insight

City

Massapequa

County

Nassau

State

New York

Latitude

40.6665

Longitude

-73.477

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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