Property profile

585 Merrick Rd Lynbrook, NY 11563

OFF-MARKET
Office buildings
Property ID
US63-0104576
5,615 SF 0.26 ac lot Built 1971
Entity Owned 20-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING (MULTI-STORY)
Year built 1971
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,615 SF
Lot 0.26 ac (11,195 SF)
APN 37-280-00-0345
UPID US63-0104576

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Physician
  • Physician
  • Pediatrician Physician
  • Employment Agency
  • Physician

Location

585 Merrick Rd Lynbrook, NY 11563-2311
Lynbrook metro Census 411800 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.32M

Owner & transaction history

since 2006
2 recorded transactions
2006
$1.3M
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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