777 W Merrick Road
$1,150,000
777 W Merrick Road, Valley Stream, NY 11580
1938
Year Built
941472
MlsNumber
Details:
Highlights:
- Annual Tax: $ 17252.45
- Heating Fuel Type: Gas
- Exterior Description: Brick
- Sewer: Public
- Basement: Unfinished
- Fencing: Partially Fenced
- Water: City Water
Description:
This premier mixed-use property is strategically located in the heart of Valley Stream's high-visibility commercial corridor. The asset offers immediate financial stability through three distinct income streams, including a ground-floor print shop with a two-year lease and a well-maintained 2-bedroom, 2-bath residential unit featuring a private fenced backyard.
Substantial value-add potential exists through the vacant barbershop unit, which is ready for immediate occupancy or a fresh lease. Beyond current operations, preliminary architectural assessments confirm the feasibility of expanding the structure upward by three full stories. This is a rare opportunity to acquire a cash-flowing asset with significant vertical development upside in a high-demand district.
Listing ID: 489c4253-28f0-425f-a7d2-d00dcc1eb1aa
Location
Gallery