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    Property profile & analytics

    615 Merrick Ave Westbury, NY 11590-6607

    • Office buildings
    • 7,526 SF
    • 2.10 lot acres
    OFF-MARKET
    Value Estimation
    $16,040,000
    Last Sale
    Sep 27, 2022
    $15,423,333
    Location Intelligence
    Property ID
    US63-0249789
    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.

    Current Use by Public Records

    • New York Commercial Bank / Corporate Office
    • Columbia Federal Savings Bank / Bank / Atm
    • Two Brothers Electrical of Westbury / Electrical Repair Shop

    Property Details for 615 Merrick Ave

    Year built
    1988
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    2.10 lot acres
    Property size
    7,526 SF
    Property type
    Office buildings
    APN
    44-078-00-0047
    APU
    44078000047

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $16,805,000

    • CAP approach

      CAP return
      Estimation
      6%
      $14,380,000
      6.5%
      $16,205,000
      7%
      $16,090,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $14,825,000
      Geo Method
      $16,000,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $15,785,000
      Retail
      $17,535,000
      Mixed-Use
      $13,460,000
      Hospitality
      $14,990,000
      Educational
      $13,690,000
      Residential Income
      $18,040,000
      Energy
      $14,380,000
      Income-Based Land
      $17,420,000
      Food Service
      $14,100,000

    Location Insight

    • Map
    • Local Demand
    City
    Westbury
    County
    Nassau
    State
    New York
    Longitude
    -73.5847
    Latitude
    40.7388
    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
    $613,110
    $22,412
    $96,512
    $118,924
    -
    $0.00
    $0.00
    $11,892,400

    Comparable in this City

    • Value Estimation by Request
      3,600 SF

      990 Westbury Rd

      OFFICE BUILDING • 3,600 SF
      990 Westbury Rd, Westbury, NY 11590-5309
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    • Value Estimation by Request
      5,000 SF

      239 Winthrop Ave

      OFFICE BUILDING • 5,000 SF
      239 Winthrop Ave, Westbury, NY 11590
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    • Value Estimation by Request
      1,600 SF

      792 Carman Ave

      OFFICE BUILDING • 1,600 SF
      792 Carman Ave, Westbury, NY 11590-6428
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    • Value Estimation by Request
      1,196 SF

      433 Maple Ave

      OFFICE BUILDING • 1,196 SF
      433 Maple Ave, Westbury, NY 11590-3259
      View Details
    • Value Estimation by Request
      20,685 SF

      761 Merrick Ave

      PROFESSIONAL BUILDING (MULTI-STORY) • 20,685 SF
      761 Merrick Ave, Westbury, NY 11590-6608
      View Details
    • Value Estimation by Request
      15,015 SF

      865 Merrick Ave

      OFFICE BUILDING • 15,015 SF
      865 Merrick Ave, Westbury, NY 11590-6694
      View Details

    Similar Nearby for Sale

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      Westbury Class A Office Building

      Class A office building in Westbury, New York for sale.
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      6,150 SF

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    • $1,200,000
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      Westbury Office Building for Sale

      Office building with convenient location, parking, and modern amenities.
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      Prime Jericho Turnpike location, 2,906 sq ft.
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      Renovated Office/Industrial Property For Sale

      Renovated office/industrial property with yard space and parking.
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    Similar Nearby for Lease

    • $19,250,000
      9,444 SF

      Westbury Office Building For Rent

      Four-story office building with amenities in Westbury, New York.
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    • Contact for pricing
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      Recently renovated office building with key card access and high ceilings.
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      20,000 SF

      Westbury Medical/Office Building For Rent

      20,000 SF medical/office building with renovation potential and signage.
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    • $38 SF/Yr
      2,100 SF

      Free-Standing Office Building For Rent

      Office building near Northern State Pkwy with parking and garage.
      285 Post Ave, Westbury, NY 11590
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    • Contact for pricing
      127,419 SF

      Westbury Office Space Available

      Available office space in Westbury, New York.
      972 Brush Hollow Rd, Westbury, NY 11590
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    • $31 SF/Yr
      220,000 SF

      Westbury Executive Office Space

      Prime Nassau County Office Suites Available
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    615 Merrick Ave
    Westbury, NY 11590-6607
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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