Property profile

100 Merrick Rd Rockville Centre, NY 11570

FOR LEASE
Office buildings
Property ID
US63-2615577
12,000 SF 1.42 ac lot Built 1963
Entity Owned 8-yr Hold Free & Clear
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100 Merrick Rd, Rockville Centre, NY 11570 For Lease
Contact for pricing 3,919 SF available
100 Merrick Rd, Rockville Centre, NY 11570
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Property summary

AI-generated overview

This full-service café is located between two six-story office buildings and serves both office occupants and local residents. The site includes ample customer seating and a private parking area, and the business premises have an on-site automated teller machine (ATM). The property is positioned for access to the Southern State Parkway. The café configuration supports weekday daytime service hours (7:30 AM to 3:00 PM) and the facility is permitted to operate daily up to 10:00 PM, allowing for potential expansion into evening hours.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1963
Total area 12,000 SF
Lot 1.42 ac (61,812 SF)
APN 38-313-00-0015
UPID US63-2615577

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
  • Law Firm
  • Physician
  • Accounting Firm
  • Law Firm
  • Law Firm

Location

100 Merrick Rd Rockville Centre, NY 11570
Rockville Centre metro Census 412301 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.37M

Owner & transaction history

since 2018
7 recorded transactions
2020
Price N/A
2018
$22.1M
2018
Price N/A
2013
$17.2M
2013
$630,000
1969
Price N/A
1969
Price N/A

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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