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228 Merrick Rd Rockville Centre NY 11570 228 Merrick Rd 4,320 SF Office Building Rockville Centre, NY 11570 $1,250,000 ($289.35/SF) 8% Cap Rate
Investment Highlights
- Centrally located in a high traffic business district
- Exceptional income producing corner property
Executive Summary
Business Type Food & Beverage, Mixed, Restaurant
Cross Street: South Village Avenue
Prime Mixed Use Commercial opportunity in the Business District of Rockville Centre, NY! This versatile property offers over approx. 3000 sq ft of interior space consisting of store front 1495 sq feet with Full Basement adds another approx. 1495 sq. feet . The second story offers a 1495sq. Three Bedroom apartment with 1 bathroom, Livingroom and Eat in Kitchen. This location is surrounded by many businesses, ensuring excellent visibility and offering endless possibilities for growth and customization. A unique investment in a sought-after location This location is an incredible opportunity to own a semi-detached Mixed use commercial building in a high traffic area. Close to Sunrise Highway, JFK, LIRR, Long Beach and Jones Beach
Cross Street: South Village Avenue
Prime Mixed Use Commercial opportunity in the Business District of Rockville Centre, NY! This versatile property offers over approx. 3000 sq ft of interior space consisting of store front 1495 sq feet with Full Basement adds another approx. 1495 sq. feet . The second story offers a 1495sq. Three Bedroom apartment with 1 bathroom, Livingroom and Eat in Kitchen. This location is surrounded by many businesses, ensuring excellent visibility and offering endless possibilities for growth and customization. A unique investment in a sought-after location This location is an incredible opportunity to own a semi-detached Mixed use commercial building in a high traffic area. Close to Sunrise Highway, JFK, LIRR, Long Beach and Jones Beach
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Building Size
4,320 SF
Building Class
B
Year Built
1910
Price
$1,250,000
Price Per SF
$289.35
Cap Rate
8%
NOI
$100,000
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,320 SF
Building FAR
1.00
Lot Size
0.10 AC
Zoning
Mixed use - Retail, Office
1 1
Walk Score®
Walker's Paradise (95)
Property Taxes
| Parcel Number | 2029-38-319-00-0214-0 | Total Assessment | $3,814 |
| Land Assessment | $454 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $3,360 | Tax Year | 2025 |
Property Taxes
Parcel Number
2029-38-319-00-0214-0
Land Assessment
$454
Improvements Assessment
$3,360
Total Assessment
$3,814
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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228 Merrick Rd Rockville Centre NY 11570 | 228 Merrick Rd
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