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Financial
Distress signals
Property profile

153 Merrick Ave Merrick, NY 11566

OFF-MARKET
Turn key restaurants
Property ID
US63-2553245
1,750 SF 0.06 ac lot Built 1957
Last sale Jan 2025 · $561,399
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

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…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$18k
Tax billed · 2023
Assessed value$2k
Assessed land$800
Assessed improvement$2k
Effective rate758.40%

Value estimate

· Oct 2026
$760k
$684k – $836k
AI approach$570k
Submarket $/SF estimate$773k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$888/SF
County average, outlier-cleaned · 97 recorded sales of this use type
Observed band · Q1–Q3$349 – $1,547

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionNASSAU

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store11.0
Nursing Home10.3
Hotel & Motel10.2

Location

153 Merrick Ave Merrick, NY 11566-3491
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1815 Merrick, Merrick, NY 11566-2761 $710,000 Dec 2023 2,380 SF
1817 Merrick, Merrick, NY 11566-2718 $790,000 Oct 2023 1,375 SF
1826-1828 Sunrise, Merrick, NY 11566 $500,000 Feb 2023 1,764 SF
56 Merrick, Merrick, NY 11566-3463 $600,000 Feb 2023 1,520 SF
54 Merrick, Merrick, NY 11566-3463 $442,000 Nov 2019 1,275 SF
1810 Merrick, Merrick, NY 11566-4530 $900,000 Jun 2019 1,575 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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