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
1/18
null | 6.18% Cap Rate

5340-5346 Merrick Rd
Massapequa, NY 11758
East Massapequa


HIGHLIGHTS

  • 5340 Merrick Road presents an unrivaled, mixed-use investment opportunity with exceptional visibility at the corner of Merrick and Unqua Roads.
  • Fully occupied 10,340-square-foot building with five retail stores and five residential apartments generating immediate and steady rental income.
  • Key features include individually metered units, on-site parking, and a 5,170-square-foot basement with a rear entrance.
  • Strategically located across from Marjorie R. Post Community Park on a bustling commercial corridor near dining, medical offices, and services.

OVERVIEW

5340-5346 Merrick Road is a recently updated, mixed-use property in Massapequa, New York. This is a prime investment opportunity in a high-traffic location at the signalized intersection of Merrick and Unqua Roads, with excellent visibility to approximately 34,000 passing vehicles daily. The property is 100% occupied, with individually metered units and convenient on-site parking in the rear. The 10,340-square-foot building includes five retail stores ranging from 580 to 1,620 square feet, each with over 150 feet of frontage and prominent signage. It also features five residential apartments: three two-bedroom/two-bathroom units, one three-bedroom/three-bathroom unit, and one two-bedroom/one-bathroom unit, providing reliable rental income. Additionally, a complete, 5,170-square-foot basement with a rear entrance. Retail tenants at 5340-5346 Merrick Road include Ace Cleaners, C&R Jewelry, Marvin Windows and Doors, and more. The property is directly across from Marjorie R. Post Community Park, positioned along a vibrant commercial corridor near medical offices, dining, banks, and services such as Dunkin', Corner Galley, Massapequa Pet Vet, and East End Occupational Therapy. Nearly 279,900 residents live within a 5-mile radius of the mixed-use building, representing an average household income of approximately $149,500 annually. Situated in Nassau County on Long Island, 5340-5346 Merrick Road presents a strategic investment opportunity with immediate income potential.

FOR SALE DETAILS

PRICE

$3,185,000 USD

PRICE/SF

$303 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

12

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

GB

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.