5651-5661 Merrick RD Massapequa, NY 11758
0.29 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Coming Soon
Purchase Type For Sale
MLS Listing ID 987265
Rental Info No
Annual Tax Amount $41,615
Lot Size 0.291 Acres
Acres 0.291
Property Sub-Type Retail
Source onekey2
Property Description
The residential component of this property features a one-bedroom apartment leased at $1,200 per month and a two-bedroom apartment renting for $1,300 per month. In addition to residential income, the professional office space is currently generating $900 per month. The auto repair space contributes an impressive projected rental income of $12,000 per month, providing a substantial cash flow and enhancing the property's overall profitability.
Strategically located on high-traffic Merrick Rd, this property offers unique access to a dead-end side street from the rear, making it convenient for both clientele and delivery services. The auto repair shop stands out with its brand-new recycled oil heating system, ensuring energy efficiency and sustainability. It is equipped with two 10-foot overhead doors and four drive-on alignment lifts, catering to a high volume of repairs and inspections. This shop also holds a New York State inspection license, attracting even more customers.
Combined, these factors make 5651-5661 Merrick Rd an exceptional investment for those seeking diverse income streams in a prime location. Don't miss out on the opportunity to own this lucrative property with outstanding potential for growth and success!
Location
State NY
County Nassau County
Rooms
Basement Full
Interior
Heating Hot Air, Natural Gas, Oil
Cooling None
Fireplace No
Exterior
Parking Features Alley Access, Driveway, Garage, Heated Garage, Off Street, On Street, Parking Lot, Private, Open, Storage
Utilities Available Cable Available, Electricity Connected, Phone Available, Sewer Connected, Trash Collection Private, Water Connected
Building
Lot Description Back Yard, Cleared, Corner Lot, Cul-De-Sac, Irregular Lot, Level, Other, Private, See Remarks
Sewer Public Sewer
Water Public
Structure Type Block,Brick,Frame
Others
Special Listing Condition None
Nearby Locations