5640-18 Merrick RD #4, Massapequa, NY 11758
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5640-18 Merrick RD #4, Massapequa, NY 11758
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Nia Casilla

Nia Casilla

+1(646) 712-0400
$ 1,650,000
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Pending

5640-18 Merrick RD #4 Massapequa, NY 11758

0.34 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 1001439

Rental Info No

Year Built 1966

Annual Tax Amount $45,440

Lot Size 0.344 Acres

Acres 0.344

Property Sub-Type Retail

Source onekey2

Property Description

+Strip Mall for sale, Cap 6%, Gross income 150K, Net Income(NOI)100K,
+ Only Cash Buyer
+ Fully Leased, Long Leases, Stable Income. current tenants- Nail Spa, Smoke Shop, Pharmacy, Storage
+High Traffic (Strong visibility on Merrick Rd), Retail Strip Mall
+Investment Opportunity,
+17 parking front and back
+Stable long-term tenants through 2033-2038, value-add potential(renewal).
+good for 1031 buyer, retirement cash flow,

Location

State NY

County Nassau County

Rooms

Basement None

Interior

Heating Ducts, Hot Air

Cooling Central Air, Multi Units

Flooring Concrete

Fireplace No

Appliance None

Exterior

Parking Features Parking Lot

Fence Back Yard

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Private, Water Connected

Total Parking Spaces 17

Building

Lot Description Corner Lot, Subdivided

Story 1

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Structure Type Block,Stucco

Schools

High Schools Massapequa

School District Massapequa

Others

Special Listing Condition Real Estate Owned

OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by Promise Realty LLC • Unsoo Lee

NEARBY SCHOOLS & PROPERTIES

Nia Casilla

Nia Casilla

Licensed Associate Broker | License ID: 10301208805

+1(646) 712-0400

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5640-18 Merrick RD #4

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