625-627 Merrick RdValley Stream, NY 11580

  • Distribution centers
  • 4,320 SF
For Lease
$22.50/SF/YR View listing

Property Details for 625-627 Merrick Rd

Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.17 AC
Property size (Sq ft)
4,320 SF
Property type
Distribution centers
APN
37-473-00-0240
APU
37473000240

Description

This exceptional 13,000-square-foot warehouse, located at 625-627 W Merrick Road in Valley Stream, NY, presents a significant opportunity for industrial businesses. Built in 1973, this single-tenant property boasts a spacious single-story layout with a 20-foot ceiling height, ideal for various storage and operational needs. The building features two convenient drive-in doors for easy loading and unloading, complemented by ample parking. The property is fully fenced and gated, ensuring security. Power is supplied by a robust 400-amp system. The warehouse also includes significant office space, with 1,150 square feet on the first floor and an additional 1,150 square feet on the second floor, providing ample room for administrative functions. This strategically located property benefits from high visibility and is conveniently situated near the Queens/Nassau border and JFK Airport, offering excellent accessibility. Public transportation is readily available, with multiple bus stops within walking distance. The property is zoned C-2 Commercial, allowing for a wide range of industrial uses. The entire 13,000 square feet is currently vacant and can be made available quickly. This is a rare opportunity to secure a well-equipped, highly visible industrial space in a prime Nassau County location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $817,513
    Hospitality
    $748,838
    Educational
    $623,024
    Medical
    $644,451
    Retail
    $969,148

Location Insight

City
Valley Stream
County
Nassau
State
New York
Latitude
40.6714
Longitude
-73.7193
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$29,615
$2,394
$1,650
$4,044
-
-
-
$404,400

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