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1061 N Broadway
Massapequa, NY 11758

$2,850,000 USD

Medical For Sale • 12,750 SF

Property Details

Property Type Medical
Total Building Size 12,750 SF
Lot Size 0.23 AC
Building Class B
Year Built 1969
Cap Rate 10.31 %
Tenancy Multiple
Zoning Professional Building

0 Transit Score

70 Walk Score

                
                    Highlights
                
                                Calling All Investors, Developers & End-Users!!! 10.31 Cap 12,750 Sqft. Corner Medical Office Building With Private Parking Lot For Sale!!! 
                            
                                The Building Features Excellent Signage, Great Exposure, Strong Zoning, 26 Parking Spaces, Private Parking Lot, High 10’ Ceilings, Elevator, CAC, ++!!
                            
                                 The Property Is Located In Massapequa On N. Broadway Just 5 Blocks From The Southern State Pkwy.!!! 
                            
                                Neighbors Include Starbucks, Verizon, UPS, Stop & Shop, CVS, Walgreens, Roslyn Savings Bank, 7-Eleven, Dunkin’, Friendly’s, Lukoil, McDonald’s, +++!!!
                            
                                This Property Has A Daily Traffic Count Of 23,600+ Vehicles Per Day!!! 
                            
                                This Property Offers HUGE Upside Potential!!! This Could Be Your Next Investment Property Or Home For Your Business!!!

Financial Summary (Actual)

Net Operating Income: $293,756 USD (2022)

Cap Rate:	10.31 %
Total Expenses:	$119,444 USD

Amenities

24 Hour Access
Bus Line
Commuter Rail
Fenced Lot
Security System
Signage
Storage Space
Basement
Central Heating
High Ceilings
Natural Light
Monument Signage
Air Conditioning

Public Transportation

Commuter Rail	Drive	Walk	Distance
Farmingdale Station (Ronkonkoma Branch - Long Island Rail Road)	5 min	-	2.6 mi
Massapequa Park Station (Babylon Branch - Long Island Rail Road)	7 min	-	4.5 mi
Airport	Drive	Walk	Distance
John F Kennedy International	31 min	-	21.7 mi
Long Island MacArthur	33 min	-	24.1 mi
Laguardia	41 min	-	28.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	26
Type:	Surface
Included in Rent:	Yes

Matthew Shane 516-279-8828 All Island Commercial

1061 N Broadway Massapequa, NY 11758