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33887435
33886935

1001-1007 Park Blvd, Massapequa Park, NY 11762

DS
NY 10401349050
Silber Investment Properties Ltd
Listed by Silber Investment Properties Ltd
$4,800,000
4 days on market
Updated 4 days ago

Mixed-Use | 1001-1007 Park Blvd, Massapequa Park, NY

Details
Property Type Retail, Office (+1)
Sub Type Storefront
Net Rentable (SqFt) 10,168
Units 8
Cap Rate 6.75%
NOI $324,169
Occupancy 100%
Tenancy Multi
Brand/Tenant United States Postal Service, Webster Bank (+1)
Lease Type Gross
Rent Bumps Yes
Buildings 1
Acreage 0.200
Investment Type Stabilized
Ground Lease No

100% Occupied | 6.75% CAP

Marketing description

Silber Investment Properties is pleased to exclusively present the opportunity to own 1001-1007 Park Blvd, Massapequa Park, NY, a premier mixed-use investment opportunity in the heart of Massapequa Park’s vibrant downtown. Offered at $4,800,000 with a 6.75% cap rate, this well-located asset sits directly near the Massapequa LIRR station, placing it at the center of daily commuter traffic and neighborhood activity. Positioned along Park Blvd and just off Sunrise Highway, the property benefits from outstanding accessibility, strong visibility, and immediate proximity to abundant municipal parking. Surrounded by a dynamic mix of retailers, restaurants, service businesses, and professional offices, the location offers built-in foot traffic and long-term tenant appeal. The surrounding trade area is supported by dense, affluent demographics, with average household incomes reaching approximately $197,318 within 1 mile. Nearby traffic counts of approximately 4,521 vehicles per day on Park Blvd and 51,004 vehicles per day on Sunrise Highway further enhance exposure. This is an exceptional opportunity to acquire a high-profile asset in one of Long Island’s most established and commuter-friendly downtown corridors.

Investment highlights

  • Fully occupied mixed-use building in downtown Massapequa Park Village with well established tenants
  • Situated just off of Sunrise Hwy with 51,004 vehicles per day
  • Huge municipal parking lots directly in rear and side of building which maximiz- es accessibility without any parking lot maintenance required by landlord
  • Webster Bank deposits trending upward year over year: $99M (2023), $104M (2024), $107M (2025)
  • Located 0.1 miles from Massapequa Park train station and 1 mile from Sunrise Mall
  • Area retailers include: Dunkin Donuts, Panera Bread, Moes, Whole Foods, TGI Fridays, Walgreens, 7-11, and more

Listing Contacts

DS
NY 10401349050
Silber Investment Properties Ltd
Listed by Silber Investment Properties Ltd

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$324,169.00
$27,014.08/mo

Valuation Metrics

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DSCR
6.75%
Cap Rate
6.75%
ROI

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