5422 Merrick Rd Massapequa, NY 11758-6213
This exceptional 2,568 square foot retail building, situated on a 0.13-acre lot at 5422 Merrick Road in Massapequa, NY, presents a unique investment opportunity. Currently configured as a long-standing restaurant, the property boasts a fully equipped kitchen, including a walk-in refrigerator and an Ansul fire suppression system. A built-in bar and ample storage space, including both rear storage and container storage, add to its functionality. The property's significant advantage lies in its convenient on-site parking for 18 vehicles, catering to the needs of customers in the affluent Massapequa market. The high visibility location on Merrick Road ensures excellent exposure to a substantial customer base. While currently operating as a restaurant with dedicated dining and party room areas, the property offers significant potential for conversion to other retail uses, subject to obtaining the necessary permits. This versatile space is ideal for a discerning investor seeking a well-established property with strong potential for future growth and adaptation to various retail concepts. The asking price is $1,300,000. This presents a compelling opportunity to acquire a prime retail space in a desirable location.
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Sergio's Restaurant
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.