List Search

440 W Merrick Rd
Valley Stream, NY 11580 Valley Stream

$1,188,000 USD

Storefront Retail Office For Sale  •  12,560 SF

Property Details

  • Property Type Storefront Retail Office
  • Total Building Size 12,560 SF
  • Lot Size 0.28 AC
  • Building Class C
  • Year Built 1960
  • Cap Rate 13.19 %
  • Tenancy Multiple
  • Zoning C-X
58 Transit Score
76 Walk Score

Highlights

Calling All Investors, Developers & End-Users!!!
13.19 Cap 12,560 Sqft. 5 Unit Warehouse/ Retail/ Office Building For Sale Asking Only $94 Per Sqft.!!!
440 W. Merrick Road & 163 Buscher Avenue Are Both Included In This Sale!!!
Renovated In 2020 The Building Features Excellent Signage, Great Exposure, High 16’ Ceilings, 2 Bays, 18+ Parking Spaces
8 Brand New Private Offices, 7,500+ Sqft. Warehouse, Separate Meters, New LED Lighting, +++!!!
Net Operating Income (NOI): $156,750 (Proforma 13.19 Cap)

Financial Summary (Proforma)

Net Operating Income: $156,750 USD (2024)
Cap Rate: 13.19 %
Total Expenses: $68,050 USD

Amenities

  • 24 Hour Access
  • Bus Line
  • Security System
  • Signage
  • Storage Space
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Valley Stream Station (Far Rockaway Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) 3 min 17 min 0.9 mi
Rosedale Station (Far Rockaway Branch - Long Island Rail Road) 3 min - 1.4 mi
Transit/SubwayDriveWalkDistance
Valley Stream Station (Far Rockaway Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) 3 min 17 min 0.9 mi
AirportDriveWalkDistance
John F Kennedy International 12 min - 6.5 mi
LaGuardia 22 min - 13.4 mi
Newark Liberty International 49 min - 33.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 4
Type: Surface
Included in Rent: Yes
Matthew Shane 516-279-8828 All Island Commercial
Matthew Shane 516-279-8828 All Island Commercial