Medical Office and Apartment
2 Hospital Dr., Massena, NY 13662
MULTI_FAMILY - Massena, NY
Property size:
2,538 SFLot size:
0.22 AcresPrice / SF:
$177/SF- Added:
- Jun 4, 2026
- Days on Market:
- 24
- Last Refresh:
- Jun 27 at 1:06 pm
Property Features for 2 Hospital Dr.
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Mixed
- Parking
- 7
- Parking features
- Parking Lot
- Interior features
- Apartment
- Basement
- Concrete, Interior Entry
- Appliances
- Refrigerator, Washer/Dryer
- Standard status
- Active
- APN
- 9.057-8-1
- Size
- 2,538 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Annual Amount
- 10065
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Electric (Heating), Natural Gas, Heat Pump (Heating)
- Cooling system
- Heat Pump, Central Air
- Water source
- Public
Building Details
- Year built
- 1950
- Floors in Building
- 2
- Flooring type
- Laminate, Carpet, Linoleum
- Building materials
- Frame, Vinyl Siding
- Roof type
- Metal
Listing agent Matthew Ellis (518) 359-9989
Listing office Coldwell Banker Whitbeck Assoc Tupper Lake 96 Park Street, Tupper Lake, NY (518) 359-9440
Listing date Jun 4, 2026
MLS# 207476
Listing URL
Copyright © 2026 Adirondack Champlain Valley MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Positioned directly across from Rochester Regional Health Massena Hospital in Massena
- Main level currently being transformed into a spacious 2‑bedroom apartment (formerly an emergent care facility)
- Second‑floor 1‑bedroom apartment recently updated with a new kitchen and refreshed living spaces
- Main floor medical layout includes reception and waiting area with fireplace, large administrative office, four exam rooms, and four private offices
- Additional interior space includes staff break room and a full basement for abundant storage
- Built in 1950 with frame construction, vinyl siding, metal roof; public water and public sewer; central air and heat pump; parking lot
Overview
This versatile two-level property includes former medical-office improvements and residential space. The main level is described as being converted from an emergent care facility to a spacious two-bedroom apartment, with a reception and waiting area, a fireplace, a large administrative office, and an expansive reception workspace. The layout also includes four exam rooms, four private offices, a staff break room, and access to a full basement for storage.
The building sits directly across from Rochester Regional Health Massena Hospital, supporting walkable convenience for healthcare-related professionals and patients. On-site parking is described as accommodating employees, patients, residents, and visitors. The second floor consists of a one-bedroom apartment that has been recently updated with a new kitchen and refreshed living spaces.
For buyers and operators, the mix of existing clinical-style rooms, office areas, and apartment units creates flexibility for continued medical/professional use or residential occupancy. The property’s mixed-use zoning is noted, and the proximity to the hospital may appeal to tenants who want housing and services within the same immediate area. The full basement and on-site parking further support everyday usability for residents and staff.
The building sits directly across from Rochester Regional Health Massena Hospital, supporting walkable convenience for healthcare-related professionals and patients. On-site parking is described as accommodating employees, patients, residents, and visitors. The second floor consists of a one-bedroom apartment that has been recently updated with a new kitchen and refreshed living spaces.
For buyers and operators, the mix of existing clinical-style rooms, office areas, and apartment units creates flexibility for continued medical/professional use or residential occupancy. The property’s mixed-use zoning is noted, and the proximity to the hospital may appeal to tenants who want housing and services within the same immediate area. The full basement and on-site parking further support everyday usability for residents and staff.
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $64.0k | $25.20 |
| − Vacancy | −$6.7k | −$2.65 |
| EGI | $57.2k | $22.55 |
| − OpEx | −$22.9k | −$9.02 |
| NOI | $34.3k | $13.53 |
2,538 SF · lease $25.20/SF/yr · vacancy 10.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$490.6K
$429.3K – $572.4K
NOI $34,345 @ 7.0% cap · market cap 7.63%
Second Best
Office B
$474.8K
$415.5K – $554.0K
NOI $33,238 @ 7.0% cap · market cap 7.39%
Theoretical Best
Office A
$629.7K
$551.0K – $734.6K
NOI $44,076 @ 7.0% cap · market cap 9.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Mountain Medical Services ...
Medical Clinic
Montalbine Paul V ...
Physician
Mr. Gregory Pataky
Physician
Location Insight
- Map
- Local Demand
- City
- Massena
- County
- St. Lawrence
- State
- New York
- Longitude
- -74.907136
- Latitude
- 44.935964
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Two-level building directly across from Massena Hospital, with exam and office space plus updated apartment living.
Where is this duplex located?
The property is located at 2 Hospital Dr. Massena, NY.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Positioned directly across from Rochester Regional Health Massena Hospital in Massena; Main level currently being transformed into a spacious 2‑bedroom apartment (formerly an emergent care facility); Second‑floor 1‑bedroom apartment recently updated with a new kitchen and refreshed living spaces
