$3,350,000
( $262.13Per Sq Foot )
 $17,984 est/mo Sourced by Back At You

1061 N Broadway,Massapequa, NY 11758

Massapequa, NY 11758

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Description

Calling All End-Users!!! 4,600+ Sqft. Storefront On Main Street!!! Located In The Heart Of Freeport The Space Offers An Open Layout Option Making This The Perfect Opportunity For Physical Therapists, Clinics, Contractors, Chiropractors, +++!!! The Space Currently Features High 9’ Ceilings, Bathrooms, Sprinklers, 2 Parking Spaces, 600 Sqft. LL, 3 Phase Power, All New LED Lighting, CAC, +++!!! The Property Is Located On S. Main St. Across From The LIRR Only 1 Block From Sunrise Hwy.!!! The Property Is Situated Minutes From The Meadowbrook Pkwy. & The Southern State Pkwy.!!! Neighbors Include BMW, Porsche, Cadillac, Lexus, Chevrolet, Mitsubishi, Chase Bank, The Home Depot, Target, Staples, CVS, Walgreens, Dunkin’, Burlington, Bob’s Discount Furniture, Five Below, Taco Bell, McDonald’s, Wingstop, Burger King, IHOP, +++!!! Get It While It Lasts This Space Will Go VERY Fast Asking Only $45 Per Sqft.!!! None Of This Is To Be Considered Investment Advice. Always Do Your Own Due Diligence Before Making Any Decisions.Income: New York Health (Whole 2nd Fl. + 800 Sqft. 1st Fl. + 3,000 Sqft. LL): $283,018.44 Ann. 3% Ann. Inc.; Lease Exp.: 12/31/28. (1) 5 Year Option With 3% Ann. Inc. Pays 84.76% Of Tax Increase Above 2024 Base Tax. Gynecologist (1,900 Sqft.): $76,565.76 Ann. 3% Ann Inc.; Lease Exp.: 12/31/27. Been Here 13 Years So Far. Pays 15.24% Of Tax Increase Above 2025 Base Tax. Total Gross Income: $359,584.20 Ann. Expenses: Electric: $0 Ann. Gas: $0 Ann. Insurance: $6,826 Ann. Maintenance & Repairs: $2,825 Ann. Garbage: $600 Ann. Snow Removal: $850 Ann. Taxes: $86,424.97 Ann. Total expenses: $97,525.97 Ann. Net Operating Income (NOI): $262,058.23 Ann. (7.82 Cap!!!)

Details

MLS #1031801
Listing TypeFor Sale
StyleBusiness
Sub-TypeResale
StatusActive
Year1969
Days On Site52
Listing Provided ByAll Island Estates Realty Corp | Richard Matt Shane

Features

SQ Feet12,780
Story(s)2
Units4
Zoning465.14
Acreage0.23

Interior

CoolingCentral Air
HeatingNatural Gas

Exterior

Construction MaterialsBlock, Other
Foundation DetailsOther

Utilities

UtilitiesElectricity Available
SewerPublic Sewer

Taxes

Tax Year2026
Tax Annual Amount86425
Tax Lot235

Area Information

StateNY
CountyNassau County
CityMassapequa
Zip Code11758
Listing VS Median (in 11758)
Price:
$3,350,000
low | high
Med:
$799,000
100% of Average
sqft:
12,780
low | high
Med:
1,998
100% of Average
$ / sqft:
$262
low | high
Med:
$400
2.558827484201% of Average
On site:
52
low | high
Med:
9
100% of Average
Sourced by Back At You

Market Activity 11758

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Learn More About This Property

Gregory Kyroglou

Gregory Kyroglou

Modern Spaces New York

 (917) 916-6776greg@modernspaces.com
StateNY
CountyNassau County
CityMassapequa
Zip Code11758
Listing VS Median (in 11758)
Price:
$3,350,000
low | high
Med:
$799,000
100% of Average
sqft:
12,780
low | high
Med:
1,998
100% of Average
$ / sqft:
$262
low | high
Med:
$400
2.558827484201% of Average
On site:
52
low | high
Med:
9
100% of Average
Sourced by Back At You
Listing Updated: July 29, 2026 at 1:06:18 PM PDT
Gregory Kyroglou
(917) 916-6776
Astoria - 29-20 23rd Ave.
Astoria, New York 11105

Gregory Kyroglou - Modern Spaces New York