Park Plaza | 5050 Sunrise Hwy
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Park Plaza 5050 Sunrise Hwy
9,750 SF 100% Leased Retail Building Massapequa Park, NY 11762 For Sale
Investment Highlights
- Building Class A
- 44 Parking Spaces
- Separate Tenant Water, Gas and Electric Meters.
- 78,000 Vehicles Per Day
- Across from the Massapequa Park LIRR Station
Executive Summary
The property is zoned for retail, medical, restaurant or quick-serve use.
The updated center is fully occupied with solid leases.
https://apollosdrone.pixieset.com/parkplaza/
Current tenants are PM Pediatrics, Jersey Mike's Subs and Nana's
Wonderland.
The PM Pediatrics at this location is one of their top performing locations nationwide.
It is located right across from the Massapequa Park LIRR Train Station with ±158,000 daily riders.
It’s tenants benefit from 260' of storefront/frontage on Sunrise Highway in this thriving neighborhood.
The updated center is fully occupied with solid leases.
https://apollosdrone.pixieset.com/parkplaza/
Current tenants are PM Pediatrics, Jersey Mike's Subs and Nana's
Wonderland.
The PM Pediatrics at this location is one of their top performing locations nationwide.
It is located right across from the Massapequa Park LIRR Train Station with ±158,000 daily riders.
It’s tenants benefit from 260' of storefront/frontage on Sunrise Highway in this thriving neighborhood.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
9,750 SF
Building Class
A
Year Built
2003
NOI
$463,188
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.30
Land Acres
0.75 AC
Parking
44 Spaces (4.5 Spaces per 1,000 SF Leased)
Frontage
260 FT on Sunrise Highway
Amenities
- 24 Hour Access
- Commuter Rail
- Freeway Visibility
- Pylon Sign
- Signage
- Tenant Controlled HVAC
- Recessed Lighting
- Monument Signage
Walk Score ®
Very Walkable (78)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 2417-53-103-00-1854-0 | Total Assessment | $13,148 |
| Land Assessment | $9,133 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $4,015 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
2417-53-103-00-1854-0
Land Assessment
$9,133
Improvements Assessment
$4,015
Total Assessment
$13,148
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
-
Deborah Kashanian -
DGNY Commercial, LLC
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Park Plaza | 5050 Sunrise Hwy
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