Building Details

Construction double block

Tenancy Multi

Listing Agency: HMX Realty Advisors Show Phone

Listed By: Robert James · License #NY 10311201830

Source: Crexi

Added: Apr 10 Changed: Aug 29 Last Checked: Aug 29 at 5:30PM

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Investment Insights

Based on property information with market context.

Park Plaza is a 9,750-square-foot, multi-tenant shopping center on a .75-acre parcel in Massapequa Park, New York. The property uses double-block construction and includes more than 44 on-site parking spaces, along with two entrance and exit curb cuts from Sunrise Highway. Tenants include PM Pediatrics, Liberty Travel, Jersey Mike’s, and Busy Bee Jewelers.

The property fronts Sunrise Highway, also designated NYS Route 27, with reported traffic exceeding 64,420 cars per day. The highway provides east-west travel across southern Long Island, while the Massapequa Park LIRR station is nearby. Sunrise Mall, a 1.2 million-square-foot shopping destination, is close to the property, along with T.J. Maxx, Michaels, Burlington, Kohl’s, Petco, and Party City.

Key Highlights

• 9,750‑square‑foot multi‑tenant shopping center on a .75‑acre parcel
• More than 44 on‑site parking spaces
• Two entrance and exit curb cuts from Sunrise Highway

Property Analytics

Property Profile

Current Use

Jersey Mike's Subs Take-out & Catering Nana's Wonderland Massapequa Family Recreation Center Dr. Devin Grossman Pediatrician Naima Elahi Pediatrician Joseph Cohen Pediatrician

Suggested Use

Top Pick Law Firm Hair Salon Auto Parts Store Daycare Center Auto Repair Shop Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

64,420 VPD

Traffic count

Multi-tenant

Tenancy

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

737

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 11762, NY

22,439

Population

7,783

Households

2.9

Avg Household Size

43

Median Age

51%

College-Educated

97%

High-School Grad

3.2 sq mi

ZIP Area

7,012

Density / Sq Mi

$170,799

Median Household Income

$70,314

Median Earnings

$2,886

Median Rent

$623,000

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

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Frequently Asked Questions

What type of property is this?

Shopping center - Double-block retail construction offers two Sunrise Highway curb cuts and on-site parking.

Where is this shopping center located?

The property is located at 5050 Sunrise Hwy RT. 27 Massapequa Park, NY.

What are key features of this property?

This property features: 9,750‑square‑foot multi‑tenant shopping center on a .75‑acre parcel; More than 44 on‑site parking spaces; Two entrance and exit curb cuts from Sunrise Highway