5422 Merrick Rd Massapequa, NY 11758-6213
Property profile & analytics
5422 Merrick Rd, Massapequa, NY 11758-6213
- Turn key restaurants
- 3,600 SF
- 0.09 lot acres
Property ID
US63-3115202
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.
Location Intelligence
Current Use by Public Records
- Sergio's / Restaurant
Property Details for 5422 Merrick Rd
- Lot size
- 0.09 lot acres
- Property type
- Turn key restaurants
- APN
- 66-004-00-0094
- APU
- 66004000094
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Massapequa
- County
- Nassau
- State
- New York
- Longitude
- -73.4366
- Latitude
- 40.668
- 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
$7,363
$961
$86
$1,047
-
$0.00
$0.00
$104,700
