Property profile

3951 Merrick Rd Seaford, NY 11783

FOR LEASE
Theaters & concert halls
Property ID
US63-0237615
6,063 SF 0.66 ac lot Built 1955
Entity Owned 27-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 28,967-square-foot retail space is available for lease at 3951 Merrick Road in Seaford, New York, within Nassau County. The property is a single-tenant building, offering a significant opportunity for a business seeking a substantial presence in a prime location. The building's size provides ample space for a variety of retail uses, allowing for expansive layouts and flexible configurations to suit specific business needs. With 100 parking spaces, customer convenience and accessibility are ensured. The property's location on Merrick Road offers high visibility and easy access for customers, contributing to strong potential for foot traffic and drive-by exposure. The entire building is currently vacant, presenting a unique chance for a tenant to establish a flagship location or expand their existing operations. The property is classified as a shopping center and street retail, benefiting from the advantages of both high-traffic areas and the convenience of street-level access. This presents a rare opportunity to secure a substantial retail space in a desirable Nassau County location. The property's address is 3951 Merrick Road, Seaford, NY 11783. The property is situated at latitude 40.666623 and longitude -73.485138. This is a single-tenant property.

Property profile

Verified
Property type Theaters & concert halls
Use group THEATER (MOVIE)
Year built 1955
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,063 SF
Lot 0.66 ac (28,967 SF)
APN 57-164-00-0142
UPID US63-0237615

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
  • Training Center
  • Cinema Theater & Performing Art Venue

Location

3951 Merrick Rd Seaford, NY 11783
Seaford metro Census 416000 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

2 recorded transactions
1969
Price N/A
1969
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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