3524 Merrick RdSeaford, NY 11783

Property Details for 3524 Merrick Rd

Year built

1980

Lot size

0.75 AC

Property size (Sq ft)

6,882 SF

Property type

Investment properties

Property subtype

Retail residential properties

APN

63-267-00-0168

APU

63267000168

Description

This exceptional 4,000 square foot retail space is ideally situated at 3524 Merrick Road in Seaford, New York, within Nassau County. The property offers a fantastic opportunity for businesses seeking a high-visibility location with ample parking. The entire building, totaling 4,000 square feet, is currently vacant, presenting a blank canvas for a new tenant to customize to their specific needs. The property is classified as a multi-tenant building, although the entire space is available for lease at this time. With 45 parking spaces readily available, customer and employee parking is never a concern. The address is 3524 Merrick Road, Seaford, NY 11783, offering excellent accessibility and visibility along a major thoroughfare. This property is perfect for a variety of retail uses and presents a unique chance to establish a strong presence in a thriving Seaford community. The property is categorized as commercial retail space. The building's size and ample parking make it an attractive option for businesses requiring significant space and convenient parking for customers and staff. This is a rare opportunity to secure a substantial retail space in a desirable location. Interested parties should inquire promptly.

• CAP approach

  CAP return

  Valuation

  6%

  $1,410,872

  6.5%

  $1,302,344

  7%

  $1,209,319

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,393,763

  Geo Method

  $1,393,763

• Alternative Use

  Use

  Valuation

  Residential

  $1,302,344

  Hospitality

  $1,192,940

  Educational

  $992,512

  Medical

  $1,026,646

  Retail

  $1,543,907

Location Insight

City

Seaford

County

Nassau

State

New York

Latitude

40.6648

Longitude

-73.5009

CBSA code

35620

CBSA name

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

Property Tax & Assessments

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