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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.

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
57 ft on Merrick Rd

Amenities

  • Corner Lot
  • Signalised Intersection
Walk Score ®
Very Walkable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Orangetheory Fitness
Chase Bank
Webster Bank
TD Bank
Stop & Shop
Tim Hortons
Starbucks
Club Pilates
Tiger Schulmann's Karate
Anthony's Coal Fired Pizza

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2089-65-A-00-0620-0
Land Assessment
£1,145 (2024)
Improvements Assessment
£513 (2024)
Total Assessment
£1,658 (2024)
  • Listing ID: 27843062

  • Date on Market: 27/02/2023

  • Last Updated:

  • Address: 3904 Merrick Rd, Seaford, NY 11783

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