5340-5346 Merrick Rd - Storefront Retail/Residential FOR SALE


Massapequa, NY 11758- East Massapequa
$3,185,000 USD
631-450-6735
5340-5346 Merrick Rd, Massapequa, NY for Sale
$3,185,000 USD
Storefront Retail/Residential - FOR SALE
1/10
null | 6.18% Cap Rate

5340-5346 Merrick Rd
Massapequa, NY 11758
East Massapequa


HIGHLIGHTS

  • Pristine Update Building, Corner Location, Signaled Intersection on Busy Merrick Rd. Over 150 FT. Storefront

OVERVIEW

Pristine Condition. Major Capital Improvements Completed 2024. Calling All Investors, Hi-Traffic (34,000 Daily) Corner Location with Signaled Intersection 10,340 Sf. Mixed-Use Updated Building, Parking in Rear (5) Retail Stores (1) 1,620 Sf (2) 990 Sf, (1) 900 Sf, (1) 580 Sf (5) Residential Apartments (3) 2-Bedroom 2-Bathrooms (1) 3-Bedroom 3-Bathrooms, (1) 2-Bedroom 1-Bathroom Full Basement 5170 Sf. with Rear Entrance - Income Potential 100% Occupied

FOR SALE DETAILS

PRICE

$3,185,000 USD

PRICE/SF

$308 USD /SF

CAP RATE

6.18%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

GB (General Business)

APN/PARCEL ID

2489-66-003-00-0093-0

ASK ABOUT THIS PROPERTY

Lisa ONeillNassau ShoresMore Info
631-450-6735

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Lisa ONeillNassau ShoresMore Info
631-450-6735

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.