Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    440 Merrick Rd Valley Stream, NY 11580-5253

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    440 Merrick Rd Valley Stream, NY 11580-5253


    • Retail space
    • 1,960 SF
    • 0.28 lot acres
    Off-Market
    Last Sale Nov 1, 2021
    $1,050,000
    Property ID
    US63-0124957
    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.

    Value Estimations
    $1,000,000
    Show details
    Cap Rate Potential
    3.2%
    Retail space
    Location Intelligence

    Current Use by Public Records

    • Marino Marble & Granite Works / General Contractor / Renovation Specialist
    • John S. Pellitteri, PHD / Physician / Medical Clinic
    • Trans World Moving & Storage / Moving Company

    Property Details for 440 Merrick Rd

    Year built
    1920
    Construction
    FRAME
    Lot size
    0.28 lot acres
    Property size
    1,960 SF
    Property type
    Retail space
    APN
    37-368-00-0004
    APU
    37368000004

    Description

    This exceptional Valley Stream property at 440 West Merrick Road offers a unique opportunity to lease flexible commercial space. The building, totaling 3,779 square feet across two stories, features two available spaces ideal for executive offices or retail use. The first floor offers 1,694 square feet of retail space available for lease at a modified gross rental rate of $35 per square foot annually ($4,940 monthly). The second floor provides 2,085 square feet of office space, also available for lease at a modified gross rental rate of $20 per square foot annually ($3,475 monthly). The entire building is currently vacant. While the spaces require renovation before occupancy, the landlord is offering free rent to offset renovation costs. Conveniently located near public transportation and major roadways, this property benefits from its proximity to a luxury motor dealership. Please note that the building permit restricts uses such as gatherings, events, and churches. Minimum leasable space is 1,694 square feet, with a maximum contiguous space of 2,085 square feet. This presents a rare chance to customize a space to perfectly suit your business needs in a highly desirable Nassau County location. The property's address is 440 W Merrick Rd, Valley Stream, NY 11580.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,200,000
      ML approach
      $855,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $840,000
      Market price range: $66.5k - $840k
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,130,000
      Current use
      OFFICE BUILDING
      $1,385,000
      Change: +22% Conversion: Easy
      AUTO REPAIR, GARAGE
      $1,290,000
      Change: +14% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,270,000
      Change: +12% Conversion: Easy
      WAREHOUSE, STORAGE
      $985,000
      Change: -13% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Valley Stream
    County
    Nassau
    State
    New York
    Longitude
    -73.7139
    Latitude
    40.6684
    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
    $73,742
    $3,866
    $6,659
    $10,525
    -
    $0.00
    $0.00
    $1,052,500
    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