480 LEWIS AVE
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Location
480 LEWIS AVE
Mblu
0523/ 155A/ 084C/ 0000/
Acct#
8536
Owner
MERIDEN REALTY LLC 97.75% &
Total Market Value
$2,361,100
Appraisal
$3,372,900
PID
8536
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$1,436,100$1,936,800$3,372,900
Assessment
Valuation YearImprovementsLandTotal
2025$1,005,300$1,355,800$2,361,100

Owner of Record
OwnerMERIDEN REALTY LLC 97.75% &
Co-OwnerMERIDEN NASSIM LLC 1.25% & ET AL
Address150 GREAT NECK RD STE 304
GREAT NECK, NY 11021
Sale Price$12,500,000
Book & Page 5382/654
Sale Date06/08/2020
Instrument25
QualifiedU

Ownership History
Ownership History
OwnerSale PriceBook & PageInstrumentSale Date
MERIDEN REALTY LLC 97.75% &$12,500,0005382/6542506/08/2020
MERIDEN SQUARE PARTNERSHIP ATT$02637/549912/18/2000

Building Information
Building 1 : Section 1
Year Built: 1972
Living Area: 150,792
Replacement Cost: $20,146,431
Building Percent Good: 5
Replacement Cost
Less Depreciation:

$1,007,300
Building Attributes
FieldDescription
StyleDepartment Store
ModelComm/Ind
GradeB
Stories2
Occupancy1
Exterior Wall 1Concr/Cinder
Exterior Wall 2 
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Drywall
Interior Wall 2 
Interior Floor 1Ceramic Tile
Interior Floor 2Carpet
Heat FuelGas
Heat TypeForced Hot Air
AC TypeCentral
Bldg UseCommercial
Total Rooms 
Total Bedrooms 
Total Full Bath(s)0
Total Half Bath(s)0
Extra Fixture(s)0
Fireplace(s)0
Extra Opening(s) 
Gas Fireplace(s) 
WS Flues0
Heat/ACHT/AC PACKAGE
FrameRein Conc
Baths/PlumbingAverage
Ceiling/Wall06
Rooms/Prtns02
Wall Height16.00
% Sprinkled100
1st Floor Use 
Bsmt Garage0
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
BASFIRST FLOOR 75,396 75,396
FUSFINISHED UPPER STORY 75,396 75,396
CANCANOPY 3,747 0
   154,539 150,792

Extra Features
Extra Features
CodeDescriptionSizeValueAssessed ValueBldg #
ESCLESCALATOR1.00 UNIT$1,000$7001
ELV1ELEVATOR PASS2.00 STOP$2,800$2,0001
ELV2ELEVATOR FRGHT2.00 STOP$3,600$2,5001
SPR1SPRINKLERS-WET150792.00 SF$7,500$5,3001

Land
Land Use
Use Code201
DescriptionCommercial  
NeighborhoodC2
Land Line Valuation
Size (Acres)10.76
Total Market Land$1,355,800
Appraised Value$1,936,800

Outbuildings
Outbuildings
CodeDescriptionSizeValueAssessed ValueBldg #
PAV1PAVING350000.00 S.F.$413,900$289,7001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2024$2,315,800$799,100$3,114,900
2023$2,315,800$799,100$3,114,900

Assessment
Valuation YearImprovementsLandTotal
2024$1,621,060$559,370$2,180,430
2023$1,621,060$559,370$2,180,430

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