2 Retail Buildings in Seaford, NY
$1,599,000
3944 Merrick Road, Seaford, NY 11783
For Sale
Retail
Street Retail
Active
Last Updated: 05/14/2025
98,117
NOI
6.14
Pro Forma Cap Rate
Details:
NOI: $98,117
Pro Forma Cap Rate : 6.14%
Building Size: 6,576 sqft
Lot Area: 13,963 sqft
Occupancy: 100%
Class: B
Lease Type: Modified Gross
Year Built: 1956
Price Per Sqft: $243.16
Zoning: Commercial
Tenancy: Multiple
Parking Spots: 10
Gross Leaseable Area: 6,576
Investment Strategy: Opportunistic
Highlights:
- For Sale: 2 Contiguous Retail Buildings in Seaford, NY
- Tenants Pay for all Utilities, Roof is in Good Condition
- Approximately 10 Parking Spaces Located Behind the Buildings
- High Traffic Counts on Merrick Rd: 37,041 Cars Per Day
- Surrounded by Various Other Neighborhood Retail and Amenities
Description:
At this location is are two fully-occupied contiguous retail buildings in which the tenants pay for all utilities. This property has approximately 10 parking spaces located behind the buildings. Merrick Rd receives high daily traffic counts of over 37,000 cars per day.
Documents:
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Seaford__3944-3954_Merrick_Rd__Offering_Memorandum_.pdf
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Location
Gallery
