Calling All Investors, Developers & End-Users!!! 11,880 Sqft. Mixed-Use Building For Sale On Merrick Road!!! The Property Features Excellent Signage, Great Exposure, 186 Parking Spaces, High 10’ Ceilings, Restaurant, (1) 1 Br. Apartment, (1) 2 Br. Apartment, Business Districts (X) Zoning, Office, Security Camera System, Accessible Bathrooms, Ramp, Basement, 3 Phase Power, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Seaford With 50' Of Frontage On Busy Merrick Road Just Blocks From Route 135!!! The Building Is Situated On A 10,230 Sqft. Lot Next To A Huge Municipal Parking Lot!!! Neighbors Include Ford, Jeep-Dodge-Ram, Toyota, Infiniti, Acura, Subaru, USPS, UPS, Capital One Bank, TD Bank, Chase Bank, Stop & Shop, OrangeTheory Fitness, Dunkin’, 7-Eleven, Uncle Giuseppe’s Marketplace, Cold Stone Creamery, Jiffy Lube, CVS, +++ !!! This Property Has A Daily Traffic Count Of 33,000+ Vehicles Per Day!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! This Successful Restaurant Business Can Also Be Bought For Only $525k!!!
Income:
Apt. 1 (New 1 Br.): $28,800 Ann.
Apt. 2 (Office): $30,000 Ann.
Apt. 3 (2 Br.): $42,000 Ann. (Available)
Restaurant + Full LL: $156,000 Ann.
Pro Forma Gross Income: $256,800 Ann.
Expenses:
Gas: $4,620 Ann.
Electric: $0 Ann.
Maintenance & Repairs: $250 Ann.
Insurance: $3,869 Ann.
Taxes: $39,885 Ann.
Water: $0 Ann.
Total Expenses: $48,624 Ann.
Net Operating Income (NOI): $208,176 Ann. (Pro Forma 6.97% Cap!!!)
Offered By
Richard Matt Shane, All Island Estates Realty Corp
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
SEWER
Public Sewer
WATER SOURCE
Public
Year Built
1928
CITY
Seaford
COUNTY
Nassau County
STATE
NY
TAX AMOUNT
39884.7
LATEST UPDATE
2026-03-12T16:53:33.079Z
DAYS ON MARKET
7
PRICE CHANGE(S)
$2,988,000 Mar 12, 2026
CUMULATIVE DAYS ON MARKET
7
Property Details
Property TypeCommercial
StatusActive
Property Sub TypeBusiness
MLS #967968
HeatingNatural Gas
CoolingCentral Air
Utility FeaturesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
SEWERPublic Sewer
WATER SOURCEPublic
Year Built1928
CITYSeaford
COUNTYNassau County
STATENY
TAX AMOUNT39884.7
LATEST UPDATE2026-03-12T16:53:33.079Z
DAYS ON MARKET7
PRICE CHANGE(S)
$2,988,000 Mar 12, 2026
CUMULATIVE DAYS ON MARKET7
Market Trends
New Properties On Market
13
160%
Increase In New Listings
Average Asking Price
$774,998
$92,662 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$411
$17 Increase In List Price/Sq. Ft.
Average Days On Market
7
17 Day
Decrease In Days On Market
Data as of Jun 04, 2026.
Remaining statistics above are calculated on activity within the period from Apr 01, 2026 to May 31, 2026.
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