- For Sale $2,999,000
- Property Type Retail
- Property Size 2,142 SF
- Lot Size 13,750 SF
- Cap Rate % 4.8
- Rental Income / YR $145,752.00
- NOI / YR $145,752.00
- Zoning C1
- # of Floors 1
- Average Floor Size 2,142 SF
- Parking Spaces Avail. 21
- Parking Ratio 10.00 / 1,000 SF
- Property Tenancy Single Tenant
- Building Class A+
- Year Built 1960
- Year Renovated 2017
- Date Updated Feb 7, 2025
- Construction Type Brick
Description
Amazing opportunity to own an investment property In Merrick town, Long Island.
The property was completely renovated in 2017 and features an incredible chance to own a triple net lease national tenant as Citizens Bank.
Prime corner property with a drive thru alley and parking for at least 10 cars makes this property unique.
The long term lease of 15 years and option to renew the lease for another 20 years makes this investment secure and hassle free.
Highlights
- Parking for 10 cars
- Drive thru
- Renovated property in 2017
- National Tenant
False
Contacts
Romero Papp
Papp Realty
Licensed Real Estate Broker
Location
Located at 2150 Merrick Road , Merrick, NY 11566, this property is part of the South Merrick neighborhood and Long Island market.
Contact Listing Broker
Romero Papp
Papp Realty
Licensed Real Estate Broker
