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Mixed-Use

2-12 Merrick Ave, Merrick, NY

2 Merrick Ave, Merrick, NY 11566

Listing Price: $5,250,000

Cap Rate
5.83%
Number of Units
21
Occupancy
100.0%
Price/Unit
$250,000
Price/Gross SF
$234.12
Gross SF
22,424

Investment Overview

Marcus & Millichap is pleased to present the exclusive offering of 2–12 Merrick Avenue, a prime mixed-use asset located in the heart of Merrick, NY.

Situated on a generous 0.90-acre parcel, the property features approximately 15,500 square feet of leasable space. The ground floor is home to vibrant retail units, while the second floor comprises twelve well-appointed residential apartments. This dynamic mix of uses offers both stability and upside potential for investors.

Strategically positioned adjacent to the Merrick LIRR Station, the property provides unmatched connectivity to Manhattan and Suffolk County, making it highly attractive to both residents and commercial tenants. The surrounding area is anchored by a strong retail presence, including national brands such as Stop & Shop, CVS Pharmacy, Chase Bank, Dunkin’, and many others.

The local demographics underscore the strength of the location: over 173,000 residents live within a three-mile radius, with an impressive average household income exceeding $169,000.

Investment Highlights

  • Situated on a generous 0.90-acre parcel, the property features approximately 15,500 square feet of leasable space.
  • The ground floor is home to vibrant retail units, while the second floor comprises twelve well-appointed residential apartments.
  • Strategically positioned adjacent to the Merrick LIRR Station, the property provides unmatched connectivity to Manhattan and Suffolk County, making it highly attractive to both residents & commercial.

Exclusively Listed By

  • Michael Tuccillo

    Licensed Associate Real Estate Broker

    (212) 430-5196

    Email Michael

    License(s): NY: 10301217094, NY: 10491208938

    Manhattan

Mixed-Use

2-12 Merrick Ave, Merrick, NY

Listing Price: $5,250,000

Cap Rate
5.83%
Number of Units
21
Occupancy
100.0%
Price/Unit
$250,000
Price/Gross SF
$234.12
Gross SF
22,424

Investment Highlights

  • Situated on a generous 0.90-acre parcel, the property features approximately 15,500 square feet of leasable space.
  • The ground floor is home to vibrant retail units, while the second floor comprises twelve well-appointed residential apartments.
  • Strategically positioned adjacent to the Merrick LIRR Station, the property provides unmatched connectivity to Manhattan and Suffolk County, making it highly attractive to both residents & commercial.

Investment Overview

Marcus & Millichap is pleased to present the exclusive offering of 2–12 Merrick Avenue, a prime mixed-use asset located in the heart of Merrick, NY. Situated on a generous 0.90-acre parcel, the property features approximately 15,500 square feet of leasable space. The ground floor is home to vibrant retail units, while the second floor comprises twelve well-appointed residential apartments. This dynamic mix of uses offers both stability and upside potential for investors. Strategically positioned adjacent to the Merrick LIRR Station, the property provides unmatched connectivity to Manhattan and Suffolk County, making it highly attractive to both residents and commercial tenants. The surrounding area is anchored by a strong retail presence, including national brands such as Stop & Shop, CVS Pharmacy, Chase Bank, Dunkin’, and many others. The local demographics underscore the strength of the location: over 173,000 residents live within a three-mile radius, with an impressive average household income exceeding $169,000.

Exclusively Listed By

  • Michael Tuccillo

    Licensed Associate Real Estate Broker

    (212) 430-5196

    Email Michael

    License(s): NY: 10301217094, NY: 10491208938

    Manhattan

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