MLS#1001439
STATUSActive
PROPERTY TYPECommercial - Retail
SCHOOLMassapequa
Property Description
+Strip Mall for sale, Cap 6%, Gross income 150K, Net Income(NOI)100K,+ Only Cash Buyer+ Fully Leased, Long Leases, Stable Income. current tenants- Nail Spa, Smoke Shop, Pharmacy, Storage+High Traffic (Strong visibility on Merrick Rd), Retail Strip Mall+Investment Opportunity, +17 parking front and back +Stable long-term tenants through 2033-2038, value-add potential(renewal).+good for 1031 buyer, retirement cash flow,
Property Features
Property Type: Commercial - Retail
Basement: None
Cooling: Central Air, Multi Units
Heating: Ducts, Hot Air
Lot Size: 0.34 Acres
Stories: 1.0
Taxes: $45,440
Year Built: 1966
Feature Descriptions
Accessibility: Accessible Entrance
Appliances: None
Building Area Total: 4400
Building Features: Awning(s), Bathrooms, High Speed Internet
Business Type: Retail
Cap Rate: 6
Common Walls: 1 Common Wall, End Unit, No One Above, No One Below
Days on Site: 16
Exterior: Block, Stucco
Fencing: Back Yard
Flooring: Concrete
Heating Zones: 3
House Faces: North
Leasable Area: 4400
Lot Features: Corner Lot, Subdivided
On Market Date: 2026-05-18
Parcel Number: 66-102-66
Parking Features: Parking Lot
Parking Total: 17
Property Attached Y/N: 1
Rental Term: Monthly
Security: yes
Security Features: Fire Alarm, Fire Sprinkler System
Sewer: Public Sewer
Units: 4
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Private, Water Connected
Water: Public
Local Schools
School District: Massapequa
Listed By / Shown By
Listing By
Agency Name: Promise Realty LLC
Agency Contact: 516-984-1762
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Broker Headquarters, 621 Columbia St. Suite 800, Cohoes, NY 12047
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5640-18 Merrick Road, Unit 4 | MLS# 1001439
This commercial property located at 5640-18 Merrick Road, Unit 4, Massapequa, NY 11758 is currently listed for sale with an asking price of $1,650,000. 5640-18 Merrick Road, Unit 4 is located within the Massapequa school district. Search Massapequa real estate on www.coldwellbankerchoice.com today.