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Financial
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Property profile

3265 Merrick Rd Wantagh, NY 11793

FOR LEASE
Retail space
Property ID
US63-0255622
1,614 SF 0.05 ac lot Built 1952
Last sale Feb 2022 · $343,750
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a retail building with 1,614 square feet of building area, situated on a 2,325 square foot lot. It is zoned for retail or commercial use and is configured as a retail/commercial facility suitable for either purchase or leasing.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$13k
Tax billed · 2023
Assessed value$2k
Assessed land$732
Assessed improvement$1k
Effective rate596.09%

Value estimate

· Oct 2026
$325k
$293k – $358k
NOI build-up
Gross scheduled income$6k
Vacancy & credit loss−$1k
Operating expenses−$1k
NOI · 573.17% cap applied$3k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$570/SF
County average, outlier-cleaned · 462 recorded sales of this use type
Observed band · Q1–Q3$313 – $945
Qualifying comparables6

Cap rate analysis

How does the asset earn?
573.17%
$3k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionNASSAU

Location intelligence

Which uses thrive at this corner?
Best fit: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop10.5
Daycare Center9.7
Carpet & Flooring Store9.1

Location

3265 Merrick Rd Wantagh, NY 11793
County assessor Recorded deeds · 4 transfers 6 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2121-2123 Wantagh, Wantagh, NY 11793 $925,000 Jul 2025 1,250 SF
2097 Wantagh, Wantagh, NY 11793-3913 $510,000 Dec 2022 1,360 SF
3242 Railroad, Wantagh, NY 11793-3709 $2,400,000 Nov 2022 2,228 SF
2093 Wantagh, Wantagh, NY 11793-3913 $900,000 Nov 2022 2,500 SF
2225 Wantagh, Wantagh, NY 11793-3917 $937,500 Aug 2019 1,705 SF
2241 Wantagh, Wantagh, NY 11793-3940 $937,500 Aug 2019 2,464 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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