526-532 Merrick Rd - Storefront Retail/Residential FOR SALE


Rockville Centre, NY 11570
$3,700,000 USD
631-751-4300
526-532 Merrick Rd, Rockville Centre, NY for Sale
$3,700,000 USD
Storefront Retail/Residential - FOR SALE
1/7
null | 6.71% Cap Rate

526-532 Merrick Rd
Rockville Centre, NY 11570


HIGHLIGHTS

  • Walking distance to Mount Sinai South Nassau
  • Prime signalized corner in Rockville Centre
  • Property borders Oceanside which allows for onstreet parking

OVERVIEW

Prime location on the corner of S Long Beach Rd. and Merrick Rd in Rockville Centre. This 100% rented property consists of 8 apartments and 5 stores. Many rents are below market, providing a new owner with a strong upside.

FOR SALE DETAILS

PRICE

$3,700,000 USD

PRICE/SF

$370 USD /SF

CAP RATE

6.71%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1949

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

S Long Beach Road

LAND ACRES

0.24 AC

LAND SF

10,590 SF

ZONING

-

APN/PARCEL ID

2029-38-339-00-0030-0

ASK ABOUT THIS PROPERTY

John ChiaramonteSelect Investment Properties, Inc.More Info
631-751-4300

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John ChiaramonteSelect Investment Properties, Inc.More Info
631-751-4300

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