Property profile

323 Merrick Rd Lynbrook, NY 11563

OFF-MARKET
Turn key restaurants
Property ID
US63-0281009
2,153 SF 0.05 ac lot Built 1924
Entity Owned 16-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1924
Construction FRAME
Total area 2,153 SF
Lot 0.05 ac (2,343 SF)
APN 37-316-00-0016
UPID US63-0281009

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
  • Corporate Office
  • Spa & Massage Center
  • Restaurant

Location

323 Merrick Rd Lynbrook, NY 11563-2509
Lynbrook metro Census 411800 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.01M

Owner & transaction history

since 2009
2 recorded transactions
2009
$670,000
2005
Price N/A

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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