Medical Office with
2 Hospital Drive, Massena, NY 13662
New
MULTI_FAMILY - Massena, NY
Property size:
2,538 SFLot size:
0.22 AcresPrice / SF:
$177/SF- Added:
- Jun 4, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 7 at 5:06 pm
Property Features for 2 Hospital Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Mixed
- Parking
- 7
- Parking features
- Parking Lot
- Interior features
- Apartment
- Basement
- Interior Entry, Concrete
- 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
- Natural Gas, Forced Air, Electric (Heating), Heat Pump (Heating)
- Cooling system
- Central Air, Heat Pump
- Water source
- Public
Building Details
- Year built
- 1950
- Floors in Building
- 2
- Flooring type
- Carpet, Linoleum, Laminate
- 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
- Versatile building directly across from Massena Hospital (Rochester Regional Health Massena Hospital).
- Main level being transformed from a former emergent care facility into a spacious 2‑bedroom apartment layout.
- Former medical layout includes reception and waiting area with a fireplace, large administrative office, and expanded reception workspace.
- Additional main‑floor rooms: four exam rooms, four private offices, a staff break room, plus a full basement for storage.
- Second‑floor 1‑bedroom apartment recently updated with a new kitchen and refreshed living spaces.
- Built in 1950 with frame and vinyl siding, metal roof; includes central air and heat pump with forced‑air/natural gas and electric heat options.
Overview
This mixed-use building combines a medical/professional main level with apartment living on the second floor. The main floor includes a reception and waiting area with a fireplace, an administrative office, and an expanded reception workspace, supported by four exam rooms, four private offices, a staff break room, and a full basement for storage. The main level is currently being transformed from a former emergent care facility into a spacious two-bedroom apartment. The second-floor one-bedroom apartment has been recently updated, including a new kitchen and refreshed living spaces.
The property is positioned directly across from Massena Hospital and is described as a convenient, high-access location for hospital-related needs. On-site parking is available, accommodating employees, patients, residents, and visitors.
For tenants or operators, the existing configuration of reception areas, exam rooms, offices, and storage can support healthcare or professional use, while the apartments allow for residential flexibility. With ongoing conversion of the main level and an updated second-floor unit, the building may also appeal to buyers looking to manage a property with both workspace and housing components within a single structure, under Mixed zoning.
The property is positioned directly across from Massena Hospital and is described as a convenient, high-access location for hospital-related needs. On-site parking is available, accommodating employees, patients, residents, and visitors.
For tenants or operators, the existing configuration of reception areas, exam rooms, offices, and storage can support healthcare or professional use, while the apartments allow for residential flexibility. With ongoing conversion of the main level and an updated second-floor unit, the building may also appeal to buyers looking to manage a property with both workspace and housing components within a single structure, under Mixed zoning.
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
Multifamily LT 5
$185.3K
$162.1K – $216.1K
NOI $12,968 @ 7.0% cap · market cap 2.88%
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 - Versatile property across from the hospital, with exam rooms and offices plus updated second-floor apartment living.
Where is this duplex located?
The property is located at 2 Hospital Drive 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: Versatile building directly across from Massena Hospital (Rochester Regional Health Massena Hospital).; Main level being transformed from a former emergent care facility into a spacious 2‑bedroom apartment layout.; Former medical layout includes reception and waiting area with a fireplace, large administrative office, and expanded reception workspace.
