195 Merritts Rd, Farmingdale, NY 11735-3256
This exceptional 7,278 square foot retail property, formerly a Capital One branch, presents a unique investment opportunity in South Farmingdale, NY. Situated on a 1.39-acre lot at 195 Merritts Rd, this 1977-constructed, two-story building offers significant potential for repositioning or redevelopment. The ground floor boasts approximately 7,278 square feet of vacant space, including a convenient drive-thru. Additional square footage is available on the second floor and in the basement. The property includes approximately 59 parking spaces, a significant asset given the high traffic volume of approximately 17,847 vehicles daily on Merritts Road. The building is 100% vacant and ready for immediate occupancy. All offers must be submitted via the Purchase and Sale Agreement (PSA), available upon request. This freestanding building in Nassau County offers a rare chance to acquire a substantial property in a high-traffic location. The property's size, location, and existing infrastructure make it ideal for a variety of retail uses. This is a prime opportunity for investors seeking a high-visibility location with significant redevelopment potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.