Property profile

240 Merrick Rd Lynbrook, NY 11563

OFF-MARKET
Manufacturing properties
Property ID
US63-3743816
9,335 SF 0.4 ac lot Built 1959
Entity Owned 14-yr Hold Free & Clear
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1959
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 9,335 SF
Lot 0.4 ac (17,511 SF)
APN 38-091-00-0025
UPID US63-3743816

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
  • Electronics & Wireless Store Auto Parts Store
  • Landscaping General Contractor

Location

240 Merrick Rd Lynbrook, NY 11563-2623
Lynbrook metro Census 412000 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
$2.06M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.48M

Owner & transaction history

since 2012
1 recorded transaction
2012
$700,000

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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