Massapequa, NY 1031 exchange properties for sale

Updated: May 18

Fully Leased Retail Strip Mall

5640-18 Merrick Road, Massapequa, NY 11758

$1,650,000

0.34 AC lot

Fully leased to a nail spa, smoke shop, pharmacy, and storage user
Tenant lease terms extend through 2033–2038
17 parking spaces located at the front and rear
0.344‑acre retail property on Merrick Road in Massapequa
Built in 1966 with block and stucco construction

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Updated: May 19

Fully Leased Retail Strip Mall

5640-18 Merrick Rd 4, Massapequa, NY 11758

$1,650,000

High Net Operating Income (NOI) of $100,000 and a 6% Cap Rate
Fully Leased with Long‑Term Tenants providing Stable Income through 2033‑2038
High Traffic location on Merrick Rd offering Strong Visibility
17 Parking Spaces available in front and back of the property
Diverse tenant mix including Nail Spa, Smoke Shop, Pharmacy, and Storage

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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Massapequa, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Brick Mixed-Use Building with Central Air

17 Maple Drive, Great Neck, NY 11021

$8,990,000

0.23 AC lot

Fully occupied mixed-use building with 10 tenants across retail and office space, plus central air.

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5-Unit Mixed-Use Building

9022 161st St, Jamaica, NY 11432

$2,598,000

0.04 AC lot

Brick construction combines restaurant space with residential apartments near Jamaica Center–Parsons/Archer Station.

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Mixed-Use Elevator Condominium Building

172-18 Jamaica Avenue, Jamaica, NY 11432

$11,000,000

0.23 AC lot

Bulk condominium offering with residential units, commercial space, assigned parking, and a finished basement.

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Fully Occupied Mixed-Use Building