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    OFF-MARKET
    Individual retail properties

    1844 Lansdowne Ave, Merrick, NY 11566-3821

    3,220 SF 0.11 ac lot Built 1953
    Entity Owned Absentee Owner ~ Est. High Equity
    Property ID
    US63-2702357
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents three interconnected flex buildings totaling 20,000 square feet, situated on Lansdowne Avenue in Merrick, NY. The property boasts 12,348 square feet of net rentable space, priced at $198 per square foot, and is offered at $3,300,000. Each of the three buildings (6,048 SF, 3,220 SF, and 3,080 SF) features separate ingress/egress and individual gas and electric meters. Building 1834 includes a mezzanine level of 1,944 square feet and a freight elevator. The property benefits from a comprehensive HVAC system, fire sprinklers, and Business zoning. Ample parking is available with 19 on-site spaces supplemented by street parking. Additional features include a kitchen/cafeteria, security cameras and alarm system, Cat 5 networking, updated finishes throughout, and multiple restrooms. The property's annual taxes are $72,856. This is a rare opportunity to acquire a well-maintained, versatile flex space in a desirable location. The property's layout and amenities make it suitable for a variety of businesses. This is a turnkey operation ready for immediate occupancy. Located in Nassau County, NY, with the address 1844 Lansdowne Avenue, Merrick, NY 11566.

    Property profile
    Verified
    Property type Individual retail properties
    Use group GYM, HEALTH SPA
    Year built 1953
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 3,220 SF
    Lot 0.11 ac (4,600 SF)
    APN 55-150-00-0075
    UPID US63-2702357
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • FC Online Marketing Marketing & Advertising
    • Parrella Consulting Consultant
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    1844 Lansdowne Corp
    1844 Lansdowne Corp
    since 2026
    6 recorded transactions
    2026
    $3.7M
    2024
    $20,000
    2022
    2019
    2014
    2004
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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