153 Merrick Ave Merrick, NY 11566-3491
Property profile & analytics
153 Merrick Ave Merrick, NY 11566-3491
- Turn key restaurants
- 1,750 SF
- 0.06 lot acres
Property ID
US63-2553245
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- R&S Beanery / Cafe & Coffee Shop
Property Details for 153 Merrick Ave
- Year built
- 1957
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.06 lot acres
- Property size
- 1,750 SF
- Property type
- Turn key restaurants
- APN
- 55-502-00-0679
- APU
- 55502000679
Description
This exceptional owner-user investment opportunity presents a 1,750-square-foot QSR/restaurant space ideally situated at 153 Merrick Avenue in Merrick, New York. Built in 1957, this single-story, 1,750-square-foot building sits on a 0.06-acre lot (APN: 55-502-00-0679) and offers a prime location within a thriving retail corridor. The asking price is $612,500, translating to $350 per square foot. The property benefits from its proximity to the Merrick LIRR station, less than a ten-minute walk away, ensuring convenient access for both employees and customers. This location boasts significant traffic volume, with Sunrise Highway, nearby, experiencing approximately 52,484 vehicles daily. The surrounding area is characterized by a strong concentration of local businesses and restaurants, creating a vibrant and attractive retail environment. Market analysis reveals approximately 6,900 households within a one-mile radius, boasting an average household income exceeding $204,000. Furthermore, the area's population density is substantial, with approximately 20,160 people residing within a one-mile radius. Recent leasing activity on Merrick Avenue indicates a positive trend, attracting new businesses and increasing foot traffic. This presents a compelling opportunity for an owner-user to establish or expand their business in a high-demand location with excellent visibility and accessibility.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $760,000
- ML approach
- $570,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $773,000
Market price range: $611k - $2.71M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Merrick
- County
- Nassau
- State
- New York
- Longitude
- -73.5544
- Latitude
- 40.6683
- 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
$17,701
$800
$1,534
$2,334
-
$0.00
$0.00
$233,400
