444 Merrick RdLynbrook, NY 11563

Property Details for 444 Merrick Rd

Year built

1962

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.77 AC

Property size (Sq ft)

16,187 SF

Property type

Office buildings

APN

37-506-00-0232

APU

37506000232

Description

This exceptional 10,620 square foot multi-tenant medical office building, located at 444 Merrick Road in Lynbrook, NY (zip code 11563), offers immediate occupancy in Nassau County. The property features a convenient location with easy access to the Long Island Railroad, providing excellent commuting options. Three spaces are currently available, ranging from 2,157 to 5,811 square feet, with a total of 7,460 square feet currently vacant. The minimum divisible space is 2,157 square feet, and the maximum contiguous space available is 3,144 square feet. The building's amenities include convenient valet and reserved parking for both staff and clients. Its prime location offers proximity to a variety of local retail shops and restaurants, enhancing convenience and accessibility. This high-traffic location presents a unique opportunity for medical practices seeking a well-appointed and easily accessible space to establish or expand their business. The property is classified as Retail and Office, with a subtype of Medical Office and Restaurant. This is an excellent opportunity to secure a thriving practice in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $3,428,976

  6.5%

  $3,165,208

  7%

  $2,939,122

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,114,994

  Geo Method

  $2,114,994

• Alternative Use

  Use

  Valuation

  Residential

  $3,924,858

  Hospitality

  $3,595,149

  Educational

  $2,991,122

  Medical

  $3,093,991

  Retail

  $4,652,856

Location Insight

City

Lynbrook

County

Nassau

State

New York

Latitude

40.6582

Longitude

-73.6774

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].