East Massapequa, NY Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in East Massapequa, New York Market population: 19K. Explore income-producing properties with verified cap rates...

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📊 Average Cap Rate For East Massapequa NY Properties: 6.86%

⭐ Featured

190 Manhattan Ave, Buffalo, NY â€“ Prime Multifamily Investment with 7.56% Cap Rate

$6,500,000

Buffalo Multifamily

Discover a compelling investment in Buffaloâ€™s vibrant market with this 65,000-square-foot garden-style apartment prope...

Cap Rate 7.56%

NOI $491,400

Size 65,000 SF

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📊 Avg Property Tax Rate For East Massapequa NY Properties: 2.5200%

⭐ Featured

Prime Buffalo Multifamily Investment: 12-Unit Apartment Building with 6.16% Cap Rate

$1,750,000

Buffalo Multifamily

Discover a compelling multifamily investment opportunity in Buffalo, NY. This 12-unit apartment building, priced at $1,7...

Cap Rate 6.16%

NOI $107,842

Size 8,640 SF

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Investor Questions For East Massapequa NY

Common questions from investors exploring commercial real estate in East Massapequa NY.

What is the overall investment potential of East Massapequa, NY? +

The combination of a high median household income of $99,589, a low poverty rate of 4.4%, and a high health insurance coverage rate of 95.6% suggests a stable and attractive market for real estate investment, with a diverse population including White, White Non-Hispanic, and Hispanic residents.

How does the commute time and transportation options impact the quality of life for residents and investors? +

The average commute time of 34.5 minutes, with a majority of residents driving alone and a notable percentage working from home, indicates a relatively convenient and flexible transportation situation, which is further supported by the presence of public transit options, making it an appealing location for both residents and investors.

What role do top industries play in shaping the local economy and demand for housing? +

The top industries in East Massapequa, including Finance & Insurance, Real Estate & Rental & Leasing, Manufacturing, and Information, contribute to a strong and diverse economy, which in turn drives demand for housing and supports the local real estate market, with the median property value of $413,200 and median property taxes of $5,498 providing a solid foundation for investment.

How does the ethnic diversity and foreign-born rate influence the local culture and investment opportunities? +

The ethnic diversity, with top ethnicities including White, White Non-Hispanic, and Hispanic, and a foreign-born rate of 14.1%, suggests a culturally rich and inclusive community, which can attract a wide range of residents and businesses, supporting the local economy and real estate market, with the high homeownership rate of 86.8% indicating a strong sense of community and stability.

What are the implications of the income inequality and poverty rate for investors and the overall market stability? +

The relatively low poverty rate of 4.4% and a GINI coefficient of 0.377 indicate a relatively stable and equitable income distribution, which, combined with the high health insurance coverage rate of 95.6%, suggests a low-risk investment environment, with a strong potential for long-term growth and returns, supported by the solid infrastructure and diverse economy of East Massapequa, NY.

East Massapequa NY Real Estate & City Facts

Key facts and real estate information about East Massapequa NY.

What are some of the best neighborhoods to live in East Massapequa? +

Some of the best neighborhoods to live in East Massapequa include Massapequa Park, Biltmore Shores, Harbor Green, Nassau Shores, Old Harbor Green, Bar Harbour, and Massapequa Shores. These neighborhoods offer a range of housing options, from single-family homes to apartments and condos, and are known for their safety, good schools, and community amenities.

What are some fun things to do in East Massapequa? +

There are plenty of fun things to do in East Massapequa, including visiting Jones Beach State Park, exploring the Massapequa Preserve, and checking out the local restaurants and shops. You can also attend events and festivals in the area, such as the Nassau County Strawberry Festival and the Farmingdale Spring Festival. Additionally, you can visit nearby attractions like the Metropolitan Museum of Art, the Empire State Building, and the Statue of Liberty.

What is the food scene like in East Massapequa? +

The food scene in East Massapequa is diverse and offers a range of options, from unique restaurants like Restoration Kitchen & Cocktails and Cinnabar, to classic eateries like All American Hamburger Drive In and Paddy's Loft. You can also find a variety of cuisines, including Italian, Mexican, and Asian food, at restaurants like Brazico, Nunzi's, and Toto's Restaurant. There are also plenty of great food trucks and casual dining options in the area.

What are the pros and cons of living in East Massapequa? +

The pros of living in East Massapequa include its safe and welcoming community, good schools, and range of housing options. The area also has a lot to offer in terms of recreation and entertainment, with plenty of parks, beaches, and local events. However, some cons of living in East Massapequa include the potential for flooding in certain areas, and the fact that it can be a bit pricey to live there. Additionally, some residents have noted that the area can be a bit crowded and traffic-heavy at times.

Is East Massapequa a good place to live? +

Overall, East Massapequa is a great place to live, with its strong sense of community, good schools, and range of amenities. While it may have some drawbacks, such as the potential for flooding and high cost of living, the area's many pros make it a desirable place to call home. Whether you're a family, a young professional, or a retiree, East Massapequa has something to offer, from its beautiful parks and beaches to its vibrant food scene and local events.

East Massapequa, NY Commercial Investment Properties for Sale

Don’t just search properties. See why investors choose REI Capital.

📊 Average Cap Rate For East Massapequa NY Properties: 6.86%

190 Manhattan Ave, Buffalo, NY â€“ Prime Multifamily Investment with 7.56% Cap Rate

📊 Avg Property Tax Rate For East Massapequa NY Properties: 2.5200%

Prime Buffalo Multifamily Investment: 12-Unit Apartment Building with 6.16% Cap Rate

Investor Questions For East Massapequa NY

East Massapequa NY Real Estate & City Facts

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