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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.
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