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Property profile & analytics
OFF-MARKET
Specialty properties
65 Merrick Rd, Valley Stream, NY 11580-5909
Entity Owned
Free & Clear
Property ID
US63-1898845
Property summary
AI-generated overview
This exceptional mixed-use property, located at 65 W Merrick Road in Valley Stream, NY, presents a compelling investment opportunity. The 14,000 square foot building, constructed in 1953, features two 7,000 square foot spaces, currently occupied under month-to-month leases. The property boasts a convenient C-1 zoning designation. Situated on a 0.27-acre lot, it offers ample parking with a 35-car lot. The building is a two-story structure, providing versatile space for office and retail uses. Occupancy is slated for June 1st, 2024. Its prime location offers easy access to downtown Valley Stream, the Valley Stream LIRR station, and major transportation arteries including Sunrise Highway and the Southern State Parkway. The property is also conveniently located just 6 miles from John F. Kennedy International Airport. This presents significant upside potential for the owner/user. This is a rare opportunity to acquire a well-positioned mixed-use property in a thriving Nassau County location.
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
1948
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,548 SF
Lot
0.42 ac (18,339 SF)
APN
37-095-00-0028
UPID
US63-1898845
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
NY Event Planner & Design Inc Marketing & Advertising Event Planning
-
VFW POST 1790 Advocacy Group Social Service Agency
-
GCS Logistics Inc Freight Service Logistics Company
-
US Daily Homes Nursing Home Retirement Community
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65 West Merrick LLC Property Management Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
VALLEY STREAM VETERANS ASSOCIATION INC
VALLEY STREAM VETERANS ASSOCIATION INC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Valley Stream submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Valley Stream submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Assessed value
$11,847
Assessed 2023
Previous assessed
$11,847
+0.0% YoY
Assessed land
$5,777
Assessed improvement
$6,070
Total market value
$1,184,700
Applied tax rate
450.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
1948
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Total area
5,548 SF
Lot
0.42 ac (18,339 SF)
APN
37-095-00-0028
UPID
US63-1898845
Jurisdiction
NASSAU
Metro division
NASSAU-SUFFOLK, NY METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1948
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Lot
0.42 ac
Current owner
From public records · entity-resolved
VALLEY STREAM VETERANS ASSOCIATION INC
Entity
Free & Clear · 0 yrs held
Mailing address
65 E MERRICK RD, VALLEY STREAM, NY 11580-5909
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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