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777 W Merrick Road, Valley Stream, NY 11580

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For Sale

$1,400,000

0.09 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • 0.1 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

Premier Development Opportunity in Valley Stream's Core Commercial District. This property represents an exceptional acquisition in one of Valley Stream's highest-demand, highest-visibility business corridors. For the discerning developer, it offers a rare, turnkey opportunity to capture significant vertical expansion potential while benefiting from immediate, diversified cash flow. Preliminary architectural assessments confirm the feasibility of expanding the existing structure upward by up to three full stories. This transforms the asset from a single-story operation into a high-density, mixed-use development opportunity-substantially increasing both commercial and residential square footage in a market where demand consistently exceeds supply. The result is a strong pathway to maximize return on investment (ROI) through strategic redevelopment. The property already provides financial stability through multiple income streams. Currently, it includes two street-facing retail units and a well-maintained residential apartment. The print shop with the basement space lease expires at the end of December, giving you immediate leverage to renew at market rate or reserve the space for accelerated redevelopment staging. Additionally, the barbershop unit is currently vacant, offering either a quick-lease income opportunity or a ready staging area for construction mobilization. Completing the revenue profile is a dependable 2-bedroom, 2-bath residential unit with a fenced backyard-ensuring stable rental income as you advance your development plans.
MLS# 941472

Courtesy Of Coldwell Banker American Homes

(718) 206-1340

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Basement
  • Exterior Type
    Brick
  • Lot Size
    0.09 Acres
  • Rooms
    Basement

Map and Directions

Directions to 777 W Merrick Road, Valley Stream, NY 11580

Home seller CENTURY 21 Milestone Team Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Milestone Team Realty

(718) 291-7000
Learn More About Us

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Monthly Payment Breakdown

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.