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    475 W Merrick Rd Valley Stream, NY 11580
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    Property profile & analytics

    475 W Merrick Rd, Valley Stream, NY 11580

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    • Retail space
    • 3,300 SF
    • 0.19 lot acres
    Second-Floor Independent Office Space For Lease
    $1,000/Mo

    Second-Floor Independent Office Space

    Independent office suite on the second floor, available for rent on W Merrick Road in Valley Stream.

    475 W Merrick Road, Valley Stream, NY 11580
    View Listing
    Property ID
    US63-2812056
    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
    $1,145,000
    Cap Rate Potential
    5.6%
    Retail space
    Location Intelligence

    Current Use by Public Records

    • Domino's Pizza / Take-out & Catering
    • Progressive Global Network / Real Estate Agency
    • Alison L. Risko, OD / Physician
    • LEASES R US INC. / Car Dealership
    • Sealed house / Government Office

    Property Details for 475 W Merrick Rd

    Year built
    1962
    Lot size
    0.19 lot acres
    Property type
    Retail space
    APN
    37-597-00-0014
    APU
    37597000014

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 13, 2022 $1,250,000 475 West Merrick LLC George T Hawes Bargain And Sale Deed —
    Jan 29, 2013 — Tower Lease Acquisition L Cell — Deed Of Trust · related $5.3M · Deutsche Bank Trust Co America
    — — T3 Unison Site Management LLC — Deed Of Trust · related $406k · Deutsche Bank Trust Co America

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,175,000
      ML approach
      $1,050,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,090,000
      6.5%
      $1,005,000
      7%
      $935,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $924,000
      Market price range: $112k - $1.41M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,905,000
      Current use
      WAREHOUSE, STORAGE
      $1,660,000
      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
    -73.7148
    Latitude
    40.6695
    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
    $71,015
    $2,347
    $8,237
    $10,584
    -
    $0.00
    $0.00
    $1,058,400
    View Listing
    More about this property
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