This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
4881 Merrick Rd
Massapequa Park, NY 11762
AUCTION: 2/13. NNN Lease to Citibank. $1.25m · Retail Property For Sale
Property Facts
About 4881 MERRICK RD , MASSAPEQUA PARK, NY 11762
Immediate Sale Directed via Public Auction NNN Leased Citibank Building Prime Location on Main Thoroughfare Details: 4881 Merrick Road, Massapequa Park, NY 11762 Located Between Park Blvd & Cartwright Blvd Prime Location on Main Thoroughfare Very Strong Local Deposit Base with $199,000,000 in Deposits 4,080 Sq Ft Lot (40' x 102') 40' Frontage on Merrick Road Citibank Occupies Entire Building – NNN Lease 4,624 Sq Ft (3,734 Sq Ft of Retail & 890 Sq Ft of Office) Current Annual Base Rent: $112,044 15 Year Initial Term (6/2007 – 6/2022) 3 Ten Year Lease Extensions Annual CPI Escalations (3% Cap) Tenant Responsible for 100% of Expenses Additional Information: County: Nassau Section: 53 Block: 88 Lot: 373 Annual Real Estate Taxes: $57,025.42 $1,250,000 Opening Bid ----- PARTIAL AUCTION LIST BELOW (Visit Web for Most Current List) 1/17: Southampton: Two Residential Lots 1/22: Upper East Side, NYC: 5,300+ Sq Ft Mixed-Use Building 1/24: Bronx: 1,750 Sq Ft Office Bldg (Handyman Special) Bronx: 2,250 Sq Ft Corner Lot Brooklyn: 2-Family Brownstone (Fire Damaged) 2/13: Freeport: Turn-Key Marina Massapequa Park: NNN Leased Citibank Bay Shore: Citibank Corner Downtown Building Brooklyn: 7 Unit Multifamily Building SEEKING OFFERS: -Tribeca, NYC: 3,200+ Sq Ft Luxury Waterview Condo *100+ Bank Repo/Consignment Autos & Boats Sell Tri-Weekly on Long Island
Property Taxes
| Parcel Number | 2417-53-088-00-0373-0 | Improvements Assessment | $8,356 |
| Land Assessment | $1,285 | Total Assessment | $9,641 |
Property Taxes
