3904 Merrick Rd
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3904 Merrick Rd
2,383 SF Vacant Retail Building Seaford, NY 11783 £630,160 (£264/SF) 7.50% Net Initial Yield
Investment Highlights
- Heart of Town
- Heavy Daytime Foot Traffic
- Great Exposure
- Signalized Intersection
- Easy access to all major roadways
Executive Summary
Absolute Ideal Location with Signalized Intersection!!! Great Corner Property right in the heart of Seaford. Perfect for any Office/Retail use. This property is currently used as an office building with multiple offices, bathrooms, kitchenette and waiting area. Optimal for any professional use, lawyer, accountant, insurance, etc…. Tremendous exposure and visibility with high traffic counts and heavy daytime foot traffic makes this the perfect location for any business. 33x98 Lot next to it is included. Potential Development!!
Owner would prefer to do a long term triple net leaseback.
Owner would prefer to do a long term triple net leaseback.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | $99,999 | $9.99 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | $99,999 | $9.99 |
Net Operating Income | - | - |
Financial Summary (Actual - 2023) Click Here to Access
Gross Rental Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income | |
---|---|
Annual | - |
Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
2,383 SF
Building Class
C
Year Built/Renovated
1955/2013
Price
£630,160
Price Per SF
£264
Net Initial Yield
7.50%
NOI
£47,262
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
2
Slab to Slab
10 ft
Building FAR
0.21
Lot Size
0.26 AC
Parking
6 Spaces (4 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Signalised Intersection
Walk Score ®
Very Walkable (84)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 2089-65-A-00-0620-0 | Improvements Assessment | £513 (2024) |
Land Assessment | £1,145 (2024) | Total Assessment | £1,658 (2024) |
PROPERTY TAXES
Parcel Number
2089-65-A-00-0620-0
Land Assessment
£1,145 (2024)
Improvements Assessment
£513 (2024)
Total Assessment
£1,658 (2024)
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3904 Merrick Rd
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