DISCOVER AN EXCEPTIONAL INVESTMENT OPPORTUNITY WITH THIS 10,000 SQUARE FOOT OFFICE BUILDING LOCATED ON THE CORNER OF MERRICK ROAD AND BLAKE AVENUE. THIS WELL MAINTAINED PROPERTY OFFERS STRONG EXISTING INCOME WITH 59% OCCUPANCY, PROVIDING IMMEDIATE CASH FLOW AND ROOM FOR VALUE ADD UPSIDE THROUGH LEASE UP OF THE REMAINING SPACE.
THE BUILDING FEATURES 12 UPDATED OFFICES (SOME WERE COMBINED SO CAN BE MORE) AND 6 RESTROOMS, A BEAUTIFUL BRICK FACADE, AND AN ON-SITE PRIVATE PARKING LOT FOR 20 CARS-A RARE AND HIGHLY DESIRABLE AMENITY IN THE AREA. THE FLEXIBLE LAYOUT AND QUALITY FINISHES MAKE IT IDEAL FOR A RANGE OF PROFESSIONAL TENANTS.
THIS BEAUTIFUL MODERN BUILDING IS SITUATED ON A HIGH-VISIBILITY CORRIDOR WITH EXCELLENT ACCESS TO PUBLIC TRANSPORTATION-LIRR AND NEARBY AMMENITIES, CLOSE TO SHOPS & RESTAURANTS.
337 MERRICK RD & 20 BLAKE AVENUE PRESENT A COMPELLING OPPORTUNITY FOR BOTH INVESTORS AND OWNER-USERS SEEKING A SOLID, INCOME-PRODUCING ASSET WITH GROWTH POTENTIAL!
Heating:
Baseboard, Forced Air, Natural Gas
Utilities
Cable Available, Electricity Connected, Sewer Connected, Water Connected
337-343 -Blake Merrick & Blake Road, Lynbrook, NY, 11563
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
