Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

475 W Merrick Rd Valley Stream, NY 11580

FOR LEASE
Retail space
Property ID
US63-2812056
3,300 SF 0.19 ac lot Built 1962
Last sale Jan 2022 · $1,250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 475 W Merrick Road in Valley Stream, New York includes an independent office unit located on the second floor. The building was constructed in 1962.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$71k
Tax billed · 2023
Assessed value$11k
Assessed land$2k
Assessed improvement$8k
Effective rate670.97%

Value estimate

· Nov 2026
$1.18M
$1.06M – $1.29M
AI approach$1.05M
CAP approach$1.01M
Submarket $/SF estimate$924k
NOI build-up
Gross scheduled income$14k
Vacancy & credit loss−$3k
Operating expenses−$3k
NOI · 661.38% cap applied$9k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$577/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$318 – $841
Qualifying comparables5

Cap rate analysis

How does the asset earn?
661.38%
$9k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionNASSAU

Location intelligence

Which uses thrive at this corner?
Best fit: Kitchen & Bath
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Kitchen & Bath11.1
Nursing Home11.0
Assisted Living Facility10.6

Location

475 W Merrick Rd Valley Stream, NY 11580
County assessor Recorded deeds · 3 transfers 5 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
39 Lincoln, Valley Stream, NY 11580 $3,100,000 Dec 2025 4,000 SF
101 Rockaway, Valley Stream, NY 11580-5834 $2,300,000 Feb 2024 4,336 SF
589-591 Merrick, Valley Stream, NY 11580 $900,000 Jan 2024 1,990 SF
301 Merrick, Valley Stream, NY 11580-5343 $2,600,000 Apr 2023 1,980 SF
23-27 Merrick, Valley Stream, NY 11580 $1,265,000 Oct 2022 2,774 SF
55-59 Rockaway, Valley Stream, NY 11580 $658,000 Mar 2022 3,500 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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