810-818 N Broadway
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810-818 N Broadway
4,150 SF 100% Leased Retail Building Massapequa, NY 11758 $1,875,000 ($452/SF) 6.81% Cap Rate
Investment Highlights
- Located on the east side of N Broadway in between the Southern State Parkway and Sunrise Highway
- Located less than a mile away from three elementary schools and one high school.
- Strong demographics with 175,000 people in a 3 mile radius and a strong average household income of $155,000 in a 3 mile radius.
- Fully Leased Neighborhood Strip Center
Executive Summary
Silber Investment Properties is please to present this exclusive offering. Fully lease trip center on N Broadway in Massapequa, NY. Most of the tenants have been operating out of this location for over 10 years. Strong demographics with 175,000 people in a 3
mile radius and a strong average household income of $155,000 in a 3 mile radius. Please call Amanda Gordon at 516 732 7079 to discuss!
mile radius and a strong average household income of $155,000 in a 3 mile radius. Please call Amanda Gordon at 516 732 7079 to discuss!
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
4,150 SF
Year Built
1982
Price
$1,875,000
Price Per SF
$452
Cap Rate
6.81%
NOI
$127,701
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.38
Land Acres
0.25 AC
Zoning
Retail
Parking
11 Spaces (2.65 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
Walk Score ®
Very Walkable (76)
PROPERTY TAXES
| Parcel Number | 2489-48-073-00-0609-0 | Improvements Assessment | $1,208 |
| Land Assessment | $1,176 | Total Assessment | $2,384 |
PROPERTY TAXES
Parcel Number
2489-48-073-00-0609-0
Land Assessment
$1,176
Improvements Assessment
$1,208
Total Assessment
$2,384
-
Amanda Gordon -
Silber Investment Properties, LTD
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810-818 N Broadway
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