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58-60 E Merrick Rd 13,620 SF 100% Leased Retail Building Valley Stream, NY 11580 $5,250,000 ($385.46/SF)
Investment Highlights
- ?Premier Merrick Road frontage — approximately 200 feet of continuous frontage on a corridor carrying 29,750 vehicles per day
- Net-lease style expense recovery — leases carry tax, CAM, and insurance reimbursements, insulating ownership from rising Nassau County operating costs
- ?Durable, diversified income mix — across convenience retail (7-Eleven), home-improvement retail (Aboff’s Paints) and fitness (Stay Fit Culture)
- Dense, affluent trade area — 689,875 residents within five miles with a 2025 average household income of $146,327
Executive Summary
Marcus & Millichap is pleased to exclusively present for sale 58-60 E Merrick Road, a retail strip center located in Valley Stream, NY.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
13,620 SF
Building Class
B
Year Built
1992
Price
$5,250,000
Price Per SF
$385.46
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.51
Lot Size
0.61 AC
Zoning
Commercial
Parking
28 Spaces (2.75 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signalized Intersection
Exceptionally walkable
90/100
Moderately drivable
60/100
Good public transit
60/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 2035-37-103-00-0004-0 | Improvements Assessment | $4,608 |
| Land Assessment | $5,851 | Total Assessment | $10,459 |
Property Taxes
Parcel Number
2035-37-103-00-0004-0
Land Assessment
$5,851
Improvements Assessment
$4,608
Total Assessment
$10,459
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