Property profile

188 Merrick Rd Merrick, NY 11566

OFF-MARKET
Retail space
Property ID
US63-1154789
1,200 SF 0.05 ac lot Built 1927
Entity Owned 18-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1927
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,200 SF
Lot 0.05 ac (2,231 SF)
APN 55-167-00-0191
UPID US63-1154789

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
  • Alternative Medicine Practice
  • Alternative Medicine Practice Spa & Massage Center
  • Gym & Fitness Center
  • Rehabilitation Center

Location

188 Merrick Rd Merrick, NY 11566-4532
Merrick metro Census 415101 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$390k

Owner & transaction history

since 2008
2 recorded transactions
2022
Price N/A
2008
$1.6M

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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