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174 Merrick Rd
Lynbrook, NY 11563

$725,000 USD

General Retail Condo For Sale  •  1,700 SF

Property Details

  • Property Type General Retail
  • Total Building Size 6,410 SF
  • Lot Size 0.5 AC
  • Building Class C
  • Year Built 1930
  • Tenancy Multiple
60 Transit Score
80 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 174 Retail 1,700 SF $725,000 USD
  • Unit Size: 1,700 SF
  • Condo Use: Retail
  • Price: $725,000 USD
  • Sale Type: Investment
  • Price/SF: $426.47 USD
Description
The property consists of 1 credit retail tenant (Allstate Insurance) in the front paying $2678 per month with 3 year lease with increases and a renewal option remaining (newly renovated).

+ a vacant flex space in the back newly renovated that can be used/rented out as an apartment/office and a large newly renovated patio.

There is a also a shed and a shared driveway that comes with the property.

Approximately 1700 +/- sq ft which includes the front retail space the back flex office/apartment space and the backyard patio not including shared driveway in measurements.

Public Transportation

Commuter RailDriveWalkDistance
Lynbrook Station (Babylon Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road) 2 min 12 min 0.7 mi
Centre Avenue Station (Long Beach Branch - Long Island Rail Road) 5 min - 1.4 mi
AirportDriveWalkDistance
John F Kennedy International 18 min - 9.4 mi
LaGuardia 27 min - 16.8 mi
Newark Liberty International 57 min - 36.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 16
Type: Surface
Included in Rent: Yes
Marc Jeret 631-839-3748 M&J Partners Realty, LLC
Marc Jeret 631-839-3748 M&J Partners Realty, LLC