Tyler Prokosch - John J Lease Realtors Logo
$499,000
( $155.94Per Sq Foot )
 $2,679 est/mo Sourced by Back At You

601-603 Merrick,Lindenhurst, NY 11757

Lindenhurst, NY 11757

Share:

PreviousNext

Description

Calling All Investors, Developers & End-Users!!! 8.32% Cap 3,200 Sqft. 2 Unit Retail Building With Private Parking On Montauk Highway For Sale!!! The Property Is Located In The Heart Of Lindenhurst Midway Between Great Neck Road & Wellwood Avenue!!! The Property Features Excellent Signage, Great Exposure, E Multipurpose Zoning, 6 Parking Spaces, 2 Lots, High 8' Ceilings, Private Driveway & Parking, Strategically Placed Curb Cut, 200 Amp Power, All New LED Lighting, A/C+++!!! The Property Has 60' Of Frontage On Busy Montauk Highway!!! Neighbors Include Starbucks, FedEx, Verizon, Chevrolet, Honda, Ulta Beauty, 7-Eleven, CVS, Marshalls, Costello's Ace Hardware, Firestone, Advance Auto Parts, Panera Bread, Ralph's Famous Italian Ices, McDonald's, Dollar Tree, Five Below, Popeyes Louisiana Kitchen, IHOP, +++!!! The Entire Building Can Be Delivered Vacant If Need Be!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: 601 (1,600 Sqft. Store): $42,000 Ann. (Available) 603 (1,600 Sqft. Store): $21,600 Ann. M-M. Pro Forma Gross Income: $63,600 Ann. Expenses: Gas: $0 Ann.Electric: $0 Ann.Water: $0 Ann.Maintenance & Repairs: $250 Ann.Insurance: $2,816 Ann.Taxes: $19,000 Ann. Total Expenses: $22,066 Ann. Net Operating Income (NOI): $41,534 Ann. (Pro Forma 8.32% Cap!!!)

Details

MLS #1061701
Listing TypeFor Sale
StyleOther
Sub-TypeResale
StatusActive
Days On Site21
Listing Provided ByAll Island Estates Realty Corp | Richard Matt Shane

Features

SQ Feet3,200
Acreage0.12

Interior

CoolingWall/Window Unit(s)
HeatingPropane

Exterior

Construction MaterialsBlock, Frame

Utilities

UtilitiesNatural Gas Connected
SewerPublic Sewer

Taxes

Tax Year2026
Tax Annual Amount18400
Tax Lot9

Area Information

StateNY
CountySuffolk County
CityLindenhurst
Zip Code11757
Listing VS Median (in 11757)
Price:
$499,000
low | high
Med:
$617,500
26.252605210421% of Average
sqft:
3,200
low | high
Med:
1,475
100% of Average
$ / sqft:
$156
low | high
Med:
$424
100% of Average
On site:
21
low | high
Med:
48.5
43.298969072165% of Average
Sourced by Back At You

Market Activity 11757

Request a showing

Request a showing

Contact

Additional Information

Showing Information

Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from John J Lease Realtors at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the OneKey® MLS

Contact

Learn More About This Property

Tyler Prokosch

Tyler Prokosch

John J Lease REALTORS

 (845) 542-6966tylerprokosch@johnjleaserealtors.com
StateNY
CountySuffolk County
CityLindenhurst
Zip Code11757
Listing VS Median (in 11757)
Price:
$499,000
low | high
Med:
$617,500
26.252605210421% of Average
sqft:
3,200
low | high
Med:
1,475
100% of Average
$ / sqft:
$156
low | high
Med:
$424
100% of Average
On site:
21
low | high
Med:
48.5
43.298969072165% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $374K - $623K
sqft: 2,000 - 4,000
Nearby Listings Property ImageNearby Listings Details
388 S 2nd Street Property Photo 1
$599,000
388 S 2nd Street
Lindenhurst, NY 11757
Listing Updated: October 15, 2026 at 2:30:21 PM PDT

Tyler Prokosch - John J Lease Realtors