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    Property profile & analytics
    OFF-MARKET Estimated value $9,865,000
    Office buildings

    444 Merrick Rd, Lynbrook, NY 11563-2460

    16,187 SF 1.77 ac lot Built 1962
    Entity Owned ~ Est. High Equity
    Property ID
    US63-3748805
    Property summary
    AI-generated overview

    This exceptional 10,620 square foot multi-tenant medical office building, located at 444 Merrick Road in Lynbrook, NY (zip code 11563), offers immediate occupancy in Nassau County. The property features a convenient location with easy access to the Long Island Railroad, providing excellent commuting options. Three spaces are currently available, ranging from 2,157 to 5,811 square feet, with a total of 7,460 square feet currently vacant. The minimum divisible space is 2,157 square feet, and the maximum contiguous space available is 3,144 square feet. The building's amenities include convenient valet and reserved parking for both staff and clients. Its prime location offers proximity to a variety of local retail shops and restaurants, enhancing convenience and accessibility. This high-traffic location presents a unique opportunity for medical practices seeking a well-appointed and easily accessible space to establish or expand their business. The property is classified as Retail and Office, with a subtype of Medical Office and Restaurant. This is an excellent opportunity to secure a thriving practice in a desirable location.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1962
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 16,187 SF
    Lot 1.77 ac (77,145 SF)
    APN 37-506-00-0232
    UPID US63-3748805
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Steve Mermelstein, MD Physician
    • Robert Y. Garroway, M.D. Physician
    • Long Island Thoracic Surgery Physician
    • Dr Palotta pre-surgical testing Physician
    • Joshua T. Mitgang, M.D. Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $9.87M
    Owner & transaction history
    Lynbrook 444 Mp Wrk7 LLC
    Lynbrook 444 Mp Wrk7 LLC
    since 2025
    7 recorded transactions
    2025
    2024
    2012
    2012
    $3.5M
    1969
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $14.4M +25.8%
    Neighborhood: shopping center $14.2M +24.3%
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