Property profile

1000 Park Blvd Massapequa Park, NY 11762

OFF-MARKET
Retail space
Property ID
US63-1603224
14,378 SF 0.66 ac lot Built 1953
Entity Owned 8-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 1000 Park Boulevard in Massapequa Park, NY 11762, offers 6,717 square feet of versatile space, currently entirely vacant and ready for immediate occupancy. The property is ideally suited for a variety of retail and executive office uses, with flexible lease options available. Units range from a minimum of 400 square feet to a maximum contiguous space of 4,065 square feet, allowing for customization to meet diverse business needs. The building features multiple tenancies, providing opportunities for both large and small businesses. Its strategic location directly across from the Long Island Rail Road (LIRR) station ensures high visibility and convenient access for commuters. Furthermore, the property benefits from ample parking, including an exclusive building lot, adjacent municipal parking, and convenient street parking. The building's prominent position, visible from Sunrise Highway, guarantees significant exposure to a large volume of daily traffic. This presents a rare opportunity to establish a thriving business in a highly desirable and accessible location within Nassau County. The property's size and layout offer significant potential for a variety of commercial ventures. Contact us today to learn more about this exceptional opportunity.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1953
Construction FRAME
Total area 14,378 SF
Lot 0.66 ac (28,793 SF)
APN 52-130-00-4770
UPID US63-1603224

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Accounting Firm Tax Preparation
  • Loan Service Bank
  • (Bike/Boat/Book/etc) Store
  • Structural Engineer Corporate Office
  • Real Estate Agency

Location

1000 Park Blvd Massapequa Park, NY 11762-2740
Massapequa Park metro Census 521601 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$4.38M
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.18M

Owner & transaction history

since 2017
3 recorded transactions
2017
$4.4M
2017
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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