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    2012 Sunrise Hwy Merrick, NY 11566-3825
    Property profile & analytics

    2012 Sunrise Hwy Merrick, NY 11566-3825


    • Banks
    • 9,000 SF
    • 0.23 lot acres
    Off-Market
    Property ID
    US63-6120948
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Lenox Hill Radiology | Merrick / Physician / Medical Clinic
    • Zwanger-Pesiri Radiology / Medical Clinic

    Property Details for 2012 Sunrise Hwy

    Year built
    1965
    Lot size
    0.23 lot acres
    Property size
    9,000 SF
    Property type
    Banks
    APN
    55-130-00-0101
    APU
    55130000101

    Description

    This exceptional investment opportunity comprises three Class A medical office buildings in prime Nassau County, NY locations: Merrick, Lynbrook, and Levittown. Each building is strategically situated on major thoroughfares with high traffic counts and surrounded by national retailers, ensuring excellent visibility and accessibility. The properties boast a combined square footage ranging from 6,970 to 12,315 square feet, situated on lots ranging from 0.46 to 1.2 acres. All three buildings are currently under a triple net (NNN) lease with RadNet, a leading provider of medical imaging and radiology services, with nine years remaining on a ten-year lease term, expiring January 30, 2031. The lease includes two five-year renewal options and a 3% annual rent increase. Annual rent totals $1,993,000, providing a stable and predictable income stream. The properties benefit from strong demographics, with a wealthy population and increasing demand for medical imaging services. This portfolio offers a rare opportunity to acquire a diversified, high-yield investment in a thriving Long Island market. The permitted zoning for all properties is Medical. Buildings were constructed in 2013.


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    Location Insight

    • Map
    • Local Demand
    City
    Merrick
    County
    Nassau
    State
    New York
    Longitude
    -73.5521
    Latitude
    40.6626
    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
    $23,230
    $3,354
    $270
    $3,624
    -
    $0.00
    $0.00
    $362,400
    More about this property
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