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    Property profile & analytics

    989 Jerusalem Ave Merrick, NY 11566-1853

    • Investment properties
    • 2,136 SF
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    $305,000
    Last Sale
    May 10, 2021
    $310,000
    Location Intelligence
    Property ID
    US63-0904261
    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

    • Moxie Wellness / Wellness Program / Personal Trainer
    • Tekbytes Insurance Brokerage inc. / Insurance Agency
    • MegaBolt Group / Recording Studio / Entertainment Agency

    Property Details for 989 Jerusalem Ave

    Year built
    1953
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.07 lot acres
    Property size
    2,136 SF
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    50-592-00-0009
    APU
    50592000009

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $330,000

    • CAP approach

      CAP return
      Estimation
      6%
      $300,000
      6.5%
      $275,000
      7%
      $270,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $275,000
      Geo Method
      $250,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $275,000
      Retail
      $305,000
      Mixed-Use
      $250,000
      Hospitality
      $245,000
      Educational
      $260,000
      Residential Income
      $255,000
      Energy
      $295,000
      Income-Based Land
      $265,000
      Food Service
      $265,000

    Location Insight

    • Map
    • Local Demand
    City
    Merrick
    County
    Nassau
    State
    New York
    Longitude
    -73.5504
    Latitude
    40.6908
    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
    $17,149
    $794
    $2,466
    $3,260
    -
    $0.00
    $0.00
    $326,000

    Comparable in this City

    • Value Estimation by Request
      1,896 SF

      Seaford Ave

      STORE/OFFICE (MIXED USE) • 1,896 SF
      Seaford Ave, Merrick, NY 11566
      View Details
    • Value Estimation by Request
      3,996 SF

      2279 Babylon Tpke, Unit 2285

      STORE/OFFICE (MIXED USE) • 3,996 SF
      2279 Babylon Tpke, Merrick, NY 11566-3827
      View Details
    • Value Estimation by Request
      1,896 SF

      2202 Jerusalem Ave, Unit 2208

      STORE/OFFICE (MIXED USE) • 1,896 SF
      2202 Jerusalem Ave, Merrick, NY 11566-1835
      View Details
    • Value Estimation by Request
      1,250 SF

      1828 Merrick Ave

      STORE/OFFICE (MIXED USE) • 1,250 SF
      1828 Merrick Ave, Merrick, NY 11566-2722
      View Details
    • Value Estimation by Request
      304 SF

      392-399 Merrick Ave

      STORE/OFFICE (MIXED USE) • 304 SF
      392-399 Merrick Ave, Merrick, NY 11566
      View Details
    • Value Estimation by Request
      3,050 SF

      1200 Merrick Ave

      STORE/OFFICE (MIXED USE) • 3,050 SF
      1200 Merrick Ave, Merrick, NY 11566-1352
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      22,865 SF

      Redevelopment Opportunity in High-Traffic Location

      1.5+ acre lot with redevelopment potential and existing building.
      4235 Merrick Rd, Merrick, NY 11566
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    • $90,000

      Commercial Land Available

      Commercial land for sale.
      2116 Merrick Ave, Merrick, NY 11566
      View Details
    • $2,700,000
      2,412 SF

      Retail Property on Merrick Road

      Retail property for sale with 2,412 square feet of space.
      2150 Merrick Rd, Merrick, NY 11566
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    Similar Nearby for Lease

    • Contact for pricing
      2,537 SF

      Merrick Ave Executive Office Suites

      Prime Merrick Office Space Available
      28 Merrick Ave, Merrick, NY 11566
      View Details
    • $3,850 /Mo
      6,992 SF

      Retail Space in Prime Location

      Retail space for rent in a prime Merrick location.
      139-145 Merrick Ave, Merrick, NY 11566
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    • $1,875 /Mo
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      Merrick Retail Space For Lease

      750 SF retail space in the heart of Merrick.
      17b Merrick Ave, Merrick, NY 11566
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    • Contact for pricing
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      Retail Space in Merrick Commons

      Retail space with high visibility in an upscale neighborhood.
      1686 Merrick Rd, Merrick, NY 11566
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    • Contact for pricing
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      Retail Space Near Train Stations

      Retail space available near Merrick and Bellmore train stations.
      2318-2336 Merrick Rd, Merrick, NY 11566
      View Details
    • $5,757 /Mo
      5,212 SF

      Merrick Road Office Building

      Two-story office building with ample parking on Merrick Road.
      2209 Merrick Rd, Merrick, NY 11566
      View Details
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    989 Jerusalem Ave
    Merrick, NY 11566-1853
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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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