Reason, Relationship, Real estate
Price Reduction
Address
626 Merrick Road Lynbrook, NY
Price
$ 899,000
Property Attributes
  • MLS#3293667
  • TypeMulti-Family
  • CountyNASSAU
  • CityLynbrook
  • Area6
  • Zip11563
  • StyleApartment
  • Year Built1925
  • Taxes22343
  • Price$ 899,000
  • Bedrooms7
  • Full Bathrooms5
  • Half Bathrooms1
  • Sqr Footage5430
  • Lot Size3,920 SqFt
Listing Provided Courtesy Of:
Michael Ying Deng | with Eagle Realty Group New York
Data Source:
OneKey MLS
Property Description

Well maintained mixed use brick building on Merrick Road, facing CVS Pharmacy, w/1 store & 3 apts(1One BR, 2 large 3BR, 2Bath; parking at back; w/Net Operating income of approximately $43K,Cap rate of 4%; with great growth potential. Ideal for starters. Buyer should verify all information provided; Ideal for starters.

Price History
3/10/2021 Listed $999,999
4/12/2021 11% - $899,000

General Features

Architectural Style Apartment
Buildingareaunits Square Feet
Construction Materials Brick
Elementary School District Lynbrook
Garage Spaces 0.00
High School District Lynbrook
Levels 2.00
Middle/Junior School District Lynbrook
Numberofkitchens 3
Parking Features Private, Driveway, Parking Lot
Property SubType Multi Family
Property Type Residential Income
PropertyCondition Excellent
Tax Annual Amount 22343.00
Total Rooms 17
Total Units 4

Exterior Features

Buildingsize 35 x 52
Lot Dimensions 45 x 85
Lot Size Acres 0.0900
Lot Size Area 0.0900
Lot Size Source Other
Lot Size Square Feet 3825.00
Lot Size Units Acres
Number of Separate Electric Meters 4
Number of Separate Gas Meters 4
Total Parking 2.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 11563

Price
AVG $750K
$900K
Taxes
AVG $19,046
$22,343
Visits
AVG 46
12
Year Built
AVG 1929
1925
Walkscore
AVG 70
73
Data Provided by Walkscore ® not using MLS data

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