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    Property profile & analytics

    249 Merrick Rd Valley Stream, NY 11580-5514

    • Investment properties
    • 1,260 SF
    • 0.04 lot acres
    OFF-MARKET
    Value Estimation
    $435,000
    Last Sale
    Mar 08, 2021
    $445,000
    Location Intelligence
    Property ID
    US63-2780541
    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.

    Current Use by Public Records

    • Investment properties

    Property Details for 249 Merrick Rd

    Year built
    1955
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.04 lot acres
    Property size
    1,260 SF
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    37-00S-00-0081
    APU
    3700S000081

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $470,000

    • CAP approach

      CAP return
      Estimation
      6%
      $375,000
      6.5%
      $350,000
      7%
      $410,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $405,000
      Geo Method
      $360,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $350,000
      Retail
      $375,000
      Mixed-Use
      $300,000
      Hospitality
      $345,000
      Educational
      $330,000
      Residential Income
      $310,000
      Energy
      $380,000
      Income-Based Land
      $325,000
      Food Service
      $395,000

    Location Insight

    • Map
    • Local Demand
    City
    Valley Stream
    County
    Nassau
    State
    New York
    Longitude
    -73.7062
    Latitude
    40.6674
    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
    $11,785
    $590
    $884
    $1,474
    -
    $0.00
    $0.00
    $147,400

    Comparable in this City

    • Value Estimation by Request
      2,760 SF

      1012 Elmont Rd, Unit 1019

      STORE/OFFICE (MIXED USE) • 2,760 SF
      1012 Elmont Rd, Valley Stream, NY 11580-1654
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    • Value Estimation by Request
      1,312 SF

      124 Franklin Ave

      STORE/OFFICE (MIXED USE) • 1,312 SF
      124 Franklin Ave, Valley Stream, NY 11580
      View Details
    • Value Estimation by Request
      3,150 SF

      640 Merrick Rd

      STORE/OFFICE (MIXED USE) • 3,150 SF
      640 Merrick Rd, Valley Stream, NY 11580-4857
      View Details
    • Value Estimation by Request
      1,284 SF

      360 Merrick Rd

      STORE/OFFICE (MIXED USE) • 1,284 SF
      360 Merrick Rd, Valley Stream, NY 11580-5344
      View Details
    • Value Estimation by Request
      2,035 SF

      233 Merrick Rd

      STORE/OFFICE (MIXED USE) • 2,035 SF
      233 Merrick Rd, Valley Stream, NY 11580-5514
      View Details
    • Value Estimation
      $1,420,000
      1,140 SF

      190 Grn St

      STORE/OFFICE (MIXED USE) • 1,140 SF
      190 Grn St, Valley Stream, NY 11580-5035
      View Details

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    • New
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    Similar Nearby for Lease

    • Contact for pricing
      75,000 SF

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      18,000 SF

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    • New
      $2,000 /Mo
      2,692 SF

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      Prime, renovated office space in Valley Stream near train station.
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      View Details
    • $3,500 /Mo

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      Updated 3-bedroom apartment with heat included, near transportation.
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    • $33 SF/Yr
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      Prime Valley Stream Office Space

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    • $1,500 /Mo

      New Retail Space in Hempstead

      Brand new retail space available in the heart of Hempstead.
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      View Details
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    249 Merrick Rd
    Valley Stream, NY 11580-5514
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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