777 Merrick Road, Hempstead, NY, 11580
$1,150,000
$1,400,000
activeLot Size
4,120 sqft
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Year Built
1938
Stories
1
Type
Commercial
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
This premier mixed-use property is strategically located in the heart of Valley Stream’s high-visibility commercial corridor. The asset offers immediate financial stability through three distinct income streams, including a ground-floor print shop with a two-year lease and a well-maintained 2-bedroom, 2-bath residential unit featuring a private fenced backyard. Substantial value-add potential exists through the vacant barbershop unit, which is ready for immediate occupancy or a fresh lease. Beyond current operations, preliminary architectural assessments confirm the feasibility of expanding the structure upward by three full stories. This is a rare opportunity to acquire a cash-flowing asset with significant vertical development upside in a high-demand district.
Listed by Thomas Song, Coldwell Banker American Homes
Listings courtesy of OneKey® MLS as distributed by MLS GRIDBased on information submitted to the MLS GRID as of Feb 3, 2026, 12:40 AM UTC (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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