440 Merrick Rd Valley Stream, NY 11580-5253
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.
-
Marino Marble & Granite Works General Contractor Renovation Specialist
-
John S. Pellitteri, PHD Physician Medical Clinic
-
Trans World Moving & Storage Moving Company
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.