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    OFF-MARKET
    Investment properties

    510 Park Blvd, Massapequa Park, NY 11762-3046

    1,820 SF 0.11 ac lot Built 1953
    Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US63-2731367
    Property summary
    AI-generated overview

    This exceptional mixed-use investment property, located at 510-514 Park Blvd in Massapequa Park, NY 11762, presents a compelling opportunity for discerning investors. The property encompasses a 7,216 square foot building featuring three storefronts, ideally suited for a variety of retail or office uses. Its prime location, just off Sunrise Highway, ensures high visibility and accessibility, attracting significant foot traffic and convenient access for customers and employees. The property also includes a valuable asset: an eleven-space parking lot, addressing the crucial need for convenient parking in a busy commercial area. The asking price for this lucrative investment is $1,700,000. This three-storefront strip offers a strong potential for rental income and appreciation, making it an attractive addition to any commercial real estate portfolio. The property's strategic location in Nassau County, New York, within the vibrant Massapequa Park community, further enhances its investment appeal. This is a rare opportunity to acquire a well-positioned, income-generating property in a thriving market. The combination of high visibility, ample parking, and multiple retail spaces makes this a truly exceptional investment prospect.

    Property profile
    Verified
    Property type Investment properties
    Use group STORE/OFFICE (MIXED USE)
    Year built 1953
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 1,820 SF
    Lot 0.11 ac (4,888 SF)
    APN 57-061-00-0250
    UPID US63-2731367
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Infinity Records Ltd (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Sentar Realty Corp · 5 yrs held
    Sentar Realty Corp
    since 2021
    1 recorded transaction
    2021
    $1.0M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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