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31374793
31374820

325 Merrick Ave, East Meadow, NY 11554

TB
NY NY 10491210989
North Village Realty
AS
NY 10401378215
North Village Realty
Listed by North Village Realty
$5,400,000
67 days on market
Updated 41 days ago

325 Merrick Ave, East Meadow

Details
Property Type Office
Sub Type Executive Office, Medical Office (+1)
Square Footage 15,690
Net Rentable (SqFt) 15,690
Units 47
Cap Rate 7.33%
NOI $396,708
Occupancy 100%
Price per SqFt $344
Class B
Year Built 1966
Year Renovated 1988
Buildings 1
Stories 3
Acreage 0.730
Zoning Business X

Renovated 16,000 SF Office Building with 45+ Private Parking Spots

Marketing description

325 Merrick Ave, East Meadow, NY is a 15,690 SF multi-tenant medical office building situated on a 0.730-acre parcel in a high-demand East Meadow commercial corridor. The building is currently configured for medical and professional office use with multiple tenants, offering stable income and strong demand characteristics typical of the East Meadow submarket. The property also features ample private on-site parking spaces, providing a favorable parking ratio for medical office users and enhancing tenant convenience. Overall, the property presents a well-located and highly functional medical office asset with strong corridor exposure, solid parking, and a tenant mix aligned with the market’s demand. The combination of its location, visibility, and parking infrastructure supports continued occupancy and potential value growth through lease-up or strategic repositioning. CONTACT THE EXCLUSIVE BROKERS TOM BIGANSKY OR ALEX SOBEL FOR MORE INFORMATION 516-343-6964.

Investment highlights

  • Ideal for Owner/User or Medical Investment
  • 3 Level Elevator Fully Renovated Office Building
  • Can be delivered vacant, partially vacant, or fully occupied
  • Directly across from the recently built NYU Ambulatory Care Center

Listing Contacts

TB
NY NY 10491210989
North Village Realty
AS
NY 10401378215
North Village Realty
Listed by North Village Realty

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$396,708.00
$33,059.00/mo

Valuation Metrics

0
DSCR
7.35%
Cap Rate
7.35%
ROI

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Additional Information

Name
Tom Bigansky
License
NY 10491210989
Brokerage Phone
516-255-4300
Brokerage Address
43 North Park Avenue
Name
Alex Sobel
License
10401378215
Brokerage Phone
516.830.1703
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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