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Three-Unit Shopping Center
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510 Park Blvd, Massapequa Park, NY 11762

Three commercial units provide a multi-tenant retail configuration with Business G zoning in Massapequa Park.

Property Size12,432 SF
Days on Market143

Property Features for 510 Park Blvd

General Information

Standard status Active
Size 12,432 SF
Property subtype Retail
Zoning Business G
Net Operating Income $88,694

Financials

Cap Rate 5.2%
Gross Income $149,400

Building Details

Tenancy Multi
Listing Agency: Coldwell Banker Commercial AMH
Listed By: Anthony Briguglio · License #10491212878
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 10:44PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial AMH

Investment Insights

Based on property information with market context.

Located at 510 Park Blvd in Massapequa Park, NY, this shopping center contains three commercial units with 12,432 square feet in total. The buildings encompass 7,216 square feet and carry construction dates of 1953 and 1965. A roof installed 10 years ago is among the property’s documented improvements.

The property is zoned Business G, supporting its established commercial character. Its reported 5.2% cap rate provides a non-monetary measure of the asset’s operating profile. The address is 510 Park Blvd, Massapequa Park, NY 11762.

Key Highlights

  • Three commercial units totaling 12,432 sq. ft.
  • Buildings encompass 7,216 sq. ft.
  • Business G zoning

Property Analytics

Current Use

Infinity Records Ltd (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Daycare Center Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Auto Parts Store Travel Agency

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

697
Businesses Nearby
Under-served
Demand for This Use

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
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Southgate Shopping Center 4946 Merrick Rd, Massapequa Park, NY 11762
  • Sunrise Promenade 5278 Sunrise Hwy, Massapequa Park, NY 11762

Frequently Asked Questions

What type of property is this?
Shopping center - Three commercial units provide a multi-tenant retail configuration with Business G zoning in Massapequa Park.
Where is this shopping center located?
The property is located at 510 Park Blvd Massapequa Park, NY.
What are key features of this property?
This property features: Three commercial units totaling 12,432 sq. ft.; Buildings encompass 7,216 sq. ft.; Business G zoning
(631) 903-3739 Call to check price and availability
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