Retail & Office Building in Amityville, NY

148 MERRICK RD, AMITYVILLE, NEW YORK 11701

Executive Summary:

Price:	$2,400,000
Building Size:	11,320 SF
Property Type:	Retail / Office
Lot Size:	5,660 SF
Year Built:	2012
Cap Rate:	4.60%
NOI:	$110,361
Location:	148 Merrick Rd, Amityville, NY 11701

Investment Highlights

For Sale: Retail & Office Building in Amityville, NY
One Vacancy – Provides for a Great Lease-Up Opportunity
2 Municipal Parking Lots Located in Walking Distance
High Traffic Counts on Merrick Rd: 25,762 Cars Per Day
Near Various Bus Stops such as the NYS 110/Merrick Rd Bus Stop and the Montauk Hwy/Riverside Ave Bus Stop
Surrounded by Various Retail & Amenities

Investment Summary

American Investment Properties is retained to sell the property located at 148 Merrick Rd, Amityville. At this location is a retail & office building that currently has one vacancy. There are two municipal parking lots located within walking distance and this property is surrounded by various other retail and amenities.

About Amityville, NY

Amityville is a village in the Town of Babylon in Suffolk County, on the South Shore of Long Island, in New York, United States.

The Triangle – The fork of Broadway and Park Avenue, along with Ireland Place create a triangular plot of land at the center of the village. The Triangle building was built in 1892, the same year that Ireland Place opened. A gazebo was added to the north point of The Triangle before 1987. In 1994, The Triangle was officially
designated “Memorial Triangle” in memory of all who have served the village. The Lauder Museum is located at the corner of Broadway and Ireland Place, just south of The Triangle. The historic building was built for the Bank of Amityville in 1909. The Amityville Historical Society opened the Lauder Museum in 1972.