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    OFF-MARKET
    Investment properties

    915-917 Merrick Ave, Westbury, NY 11590

    4,400 SF 0.26 ac lot Built 1971
    Trust Owned 6-yr Hold Free & Clear
    Property ID
    US63-3107120
    Property summary
    AI-generated overview

    This exceptional 1,100 square foot retail space is available for lease at 915-917 Merrick Avenue in Westbury, New York, within Nassau County. The property is classified as both retail and restaurant space, suitable for a variety of uses, and is currently vacant, presenting a unique opportunity for a single tenant to establish their business. The building's total square footage is 1,100 square feet, offering ample space for a diverse range of retail concepts or a restaurant establishment. The property's location on Merrick Avenue in Westbury provides excellent visibility and accessibility to a high volume of foot and vehicle traffic. The address is 915-917 Merrick Avenue, Westbury, NY 11590. This single-tenant space is ideal for businesses seeking a prominent location in a thriving commercial area. The property is categorized as a shopping center and street retail, benefiting from the advantages of both high visibility and convenient access. This presents a rare chance to secure a well-situated retail space in a desirable Nassau County location. The property is ready for immediate occupancy, allowing for a swift and efficient start to your business operations. Interested parties are encouraged to inquire further to explore the leasing possibilities.

    Property profile
    Verified
    Property type Investment properties
    Use group STORE/OFFICE (MIXED USE)
    Year built 1971
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 4,400 SF
    Lot 0.26 ac (11,108 SF)
    APN 44-012-00-0592
    UPID US63-3107120
    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
    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
    Ron Realty LLC Trust · 6 yrs held
    Ron Realty LLC Trust
    since 2019
    Last sale
    $2.2M
    1 recorded transaction
    2019
    $1.1M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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