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© 2016 by Girona Ventures LLC

300 Merrick Road

300 Merrick Road

 

Address: 300 Merrick Road, Lynbrook, NY 11563

Year Purchased: 1997

Property Type: Suburban Office

Property SF: 34,000 SF

Project Highlights: Ownership purchased this vacant property and leased back approximately 25% of the building to the seller at closing. An aggressive renovation plan was implemented to bring the property up to 94% occupancy in three years. The renovations came at a cost of approximately $1,300,000 and included a brand new lobby, new HVAC system and tenant and common area upgrades.