111 Merrick Rd
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
111 Merrick Rd
16,191 SF 87% Leased Retail Building Amityville, NY 11701 $4,950,000 ($306/SF) 6.76% Cap Rate
Investment Highlights
- ONE STORY MASONRY BUILDING - 6 STORES
- Just West of 110 on the South side of Merrick Rd.
- Tenants pay own own water, electric, and fuel.
Executive Summary
ONE STORY MASONRY BUILDING - 7 STORES
Just West of 110 on the South side of Merrick Rd.
Just West of 110 on the South side of Merrick Rd.
Financial Summary (Pro forma - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$484,924
|
$29.95
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$484,924
|
$29.95
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$150,467
|
$9.29
|
| Net Operating Income |
$334,457
|
$20.66
|
Financial Summary (Pro forma - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $484,924 |
| Annual Per SF | $29.95 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $484,924 |
| Annual Per SF | $29.95 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $150,467 |
| Annual Per SF | $9.29 |
| Net Operating Income | |
|---|---|
| Annual | $334,457 |
| Annual Per SF | $20.66 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
16,191 SF
Building Class
B
Year Built
1979
Price
$4,950,000
Price Per SF
$306
Cap Rate
6.76%
NOI
$334,457
Percent Leased
87%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.37
Lot Size
1.00 AC
Parking
50 Spaces (5.56 Spaces per 1,000 SF Leased)
Frontage
100 FT on Merrick Rd
About 111 Merrick Rd , Amityville, NY 11701
ONE STORY MASONRY BUILDING - 6 STORES Just West of 110 on the South side of Merrick Rd.
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Rosyln Savings Bank
- -
- 3,400 SF
- -
- Jul 2017
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
| Rosyln Savings Bank | - | 3,400 SF | - | Jul 2017 |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Inline retail; former hair salon. Call owner for rental rate.
| Space | Size | Space Use | Position | Available |
| 111-02 | 2,050 SF | Retail | In-Line | Now |
111-02
| Size |
| 2,050 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
111-02
| Size | 2,050 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Inline retail; former hair salon. Call owner for rental rate.
Walk Score ®
Very Walkable (84)
Nearby Major Retailers
1 of 10
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
111 Merrick Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.