Property profile

3381 Merrick Rd Wantagh, NY 11793

OFF-MARKET
Strip malls
Property ID
US63-2249841
4,405 SF 0.21 ac lot Built 1963
Entity Owned 4-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

The property is a retail space configured for a barbershop, with renovations completed that include modern interior finishes such as updated flooring, lighting, and paint. The interior layout includes four barber chair/station positions intended for staffed operation. The space is served by separate utility meters, and electricity is managed by the tenant. The improvements and equipment are consistent with operation as a barbershop by an owner-operator or as a leased retail setup for a staffed team.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1963
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,405 SF
Lot 0.21 ac (9,200 SF)
APN 57-136-00-0399
UPID US63-2249841

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
  • Party Supply Store (Bike/Boat/Book/etc) Store
  • Hair Salon
  • Tattoo & Piercing Shop
  • Hair Salon Nail Salon
  • Insurance Agency

Location

3381 Merrick Rd Wantagh, NY 11793-4342
Wantagh metro Census 415700 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$785k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$950k

Owner & transaction history

since 2022
Last sale
$980,000
2 recorded transactions
2022
$980,000
2021
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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3381 Merrick Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message