Property profile

539-543 Merrick Rd Lynbrook, NY 11563

OFF-MARKET
Investment properties
Property ID
US63-3416212
7,627 SF 0.19 ac lot Built 1900
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail property, located at 539-543 Merrick Road in Lynbrook, New York, offers a fantastic opportunity for businesses seeking high-visibility space in a thriving community. The building encompasses a total of 7,500 square feet, with multiple tenancies available. Two spaces are currently vacant, each offering a flexible footprint ranging from 1,250 to 1,350 contiguous square feet. A total of 2,600 square feet is immediately available for lease. The property sits on a substantial 31,476 square foot lot, providing ample space and visibility. Seven convenient parking spaces are available for customers and employees. This property is ideally suited for a variety of retail uses, benefiting from its prime location in Nassau County, New York, with easy access to major roadways and a high volume of foot traffic. The property is classified as a retail store with multiple tenancy options, making it perfect for businesses seeking a flexible and adaptable space. The zip code is 11563. This is a rare opportunity to secure a well-located retail space in a desirable market. Inquire today to learn more about leasing options and secure your space in this vibrant commercial center.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1900
Construction FRAME
Total area 7,627 SF
Lot 0.19 ac (8,305 SF)
APN 37-270-00-0476
UPID US63-3416212

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

539-543 Merrick Rd Lynbrook, NY 11563
Lynbrook metro Census 411800 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.62M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.30M

Owner & transaction history

since 2024
6 recorded transactions
2024
Price N/A
2007
Price N/A
2006
$787,500
2006
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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