About This Home

This 0-bedroom, 0-bathroom commercial at 1061 N Broadway in Massapequa, NY is listed for $3,350,000. Built in 1969, on a 0.23 acres lot.

Key Features

  • Built in 1969
  • 0.23 acre lot
  • 2 stories
  • 26 parking spaces

Property Details

2 stories
26 spaces
1969

Amenities

A/C
Listing 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, Stapl

es, 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!!!)

Monthly Cost Estimate

$17,917/mo

20% down · 6.5% · 30 years

Principal$2,423
Interest$14,517
Insurance$977

Estimates only. Actual payments may vary.

Location

1061 N Broadway

Massapequa, NY 11758

Property Details

Construction

Block

Heating

Natural Gas

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 1061 N Broadway is listed at $3,350,000. The estimated monthly payment is $17,916 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1969, 0.23 acre lot, 2 stories, 26 parking spaces.

This property is listed by Richard Matt Shane.

RS

Richard Matt Shane

Agent at All Island Estates Realty Corp

Listed by All Island Estates Realty Corp · Broker phone: (516) 532-9184 · Broker website

MLS# 1031801· Source: OneKey MLS· 91 days on PropertySimple

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1061 N Broadway, Massapequa, NY 11758

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