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1 Park Ln
Massapequa, NY 11758 East Massapequa

$3,750,000 USD

General Retail For Sale  •  7,160 SF

Property Details

  • Property Type General Retail
  • Total Building Size 7,160 SF
  • Lot Size 0.36 AC
  • Building Class C
  • Year Built 1955
  • Cap Rate 5.96 %
  • Tenancy Multiple
33 Transit Score
72 Walk Score

Highlights

ONE-STORY MASONRY BUILDING - 6 Stores (100% OCCUPIED!)
Corner of Park Lane and Front Street, 300 ft from Sunrise Highway (27)

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $223,446 USD (2024)
Cap Rate: 5.96 %
Total Expenses: $92,155 USD

Major Tenants

Tenant SF Occupied Lease End Date
Rent Roll Available upon request.

Amenities

  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Massapequa Park Station (Babylon Branch - Long Island Rail Road) 1 min 16 min 0.8 mi
Amityville Station (Babylon Branch - Long Island Rail Road) 2 min - 1.1 mi
AirportDriveWalkDistance
John F Kennedy International 30 min - 21.1 mi
Long Island MacArthur 30 min - 22.1 mi
LaGuardia 40 min - 28.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 13
Type: Surface
Included in Rent: Yes
Ryan Rodger 516-223-6200 United Properties Corp.
Ryan Rodger 516-223-6200 United Properties Corp.