5422 Merrick Rd
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5422 Merrick Rd
2,568 SF Retail Building Massapequa, NY 11758 £1,020,488 (£397/SF)
Investment Highlights
- 23,000 vehicles passing per day
- Long Standing Established Business
- Primary Road
- 18 Dedicated Parking Spaces
Executive Summary
This has been a long standing restaurant for approximately 40 years so it could be a restaurant or medical/retail conversion.
Taxes for both lots $36,733
Taxes for both lots $36,733
Taxes & Operating Expenses (Actual - 2024) |
Annual | Annual Per SF |
---|---|---|
Taxes | £28,827 | £11.23 |
Operating Expenses | - | - |
Total Expenses | £28,827 | £11.23 |
Taxes & Operating Expenses (Actual - 2024)
Taxes | |
---|---|
Annual | £28,827 |
Annual Per SF | £11.23 |
Operating Expenses | |
---|---|
Annual | - |
Annual Per SF | - |
Total Expenses | |
---|---|
Annual | £28,827 |
Annual Per SF | £11.23 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
2,568 SF
Building Class
C
Year Built
1961
Price
£1,020,488
Price Per SF
£397
Tenancy
Single
Number of Floors
1
Building FAR
0.28
Land Acres
0.21 AC
Zoning
Neighborhood Business - Ideal for restaurant with potential for redevelopment.
Sufficient parking for medical conversion.
Parking
18 Spaces (7.01 Spaces per 1,000 SF Leased)
Frontage
100 ft on Merrick Road
Amenities
- Restaurant
- Signage
- Air Conditioning
Walk Score ®
Very Walkable (80)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 2489-66-004-00-0093-0 | Total Assessment | £3,485 |
Land Assessment | £1,057 | Annual Taxes | £28,827 (£11.23/sf) |
Improvements Assessment | £2,428 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
2489-66-004-00-0093-0
Land Assessment
£1,057
Improvements Assessment
£2,428
Total Assessment
£3,485
Annual Taxes
£28,827 (£11.23/sf)
Tax Year
2024
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5422 Merrick Rd
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