Massapequa, NY Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Massapequa, New York Market population: 22K. Compare commercial properties across all major asset classes...

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📊 Average Cap Rate For 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 Massapequa NY Properties: 2.3400%

⭐ 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 Massapequa NY

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

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

The combination of a high median household income of $122,024, low poverty rate of 2.5%, and high health insurance coverage of 98.2% suggests a stable and attractive market for real estate investment, with a strong potential for rental income and property appreciation.

How does the demographic diversity of Massapequa impact the local real estate market? +

The top ethnicities of White (47.9%), White Non-Hispanic (45.9%), and Hispanic (3.3%) indicate a relatively homogeneous population, but the 11.4% foreign born rate and presence of top industries like Information and Public Administration suggest a diverse and growing economy, which can drive demand for housing and support property values.

What are the key factors influencing the quality of life for residents and tenants in Massapequa? +

The average commute time of 36.8 minutes, top commute methods of driving alone and using public transit, and high health insurance coverage of 98.2% contribute to a relatively high quality of life, making Massapequa an attractive location for renters and homeowners, and supporting the local real estate market.

How do the local economy and employment rates impact the real estate investment potential in Massapequa? +

The employed population of 10,931, low poverty rate of 2.5%, and top industries like Information and Public Administration indicate a strong and stable local economy, which can support rental income and property values, while the median household income of $122,024 and high homeownership rate of 95.0% suggest a high level of affordability and investment potential.

What are the implications of the housing market characteristics for real estate investors in Massapequa? +

The high median property value of $497,400, median property taxes of $6,753, and high homeownership rate of 95.0% suggest a relatively expensive and competitive housing market, but the low poverty rate of 2.5% and high health insurance coverage of 98.2% indicate a stable and attractive market for investors, with potential for long-term appreciation and rental income.

Massapequa NY Real Estate & City Facts

Key facts and real estate information about Massapequa NY.

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

Some of the best neighborhoods to live in Massapequa include Biltmore Shores, Old Harbour Green, Massapequa Park, and Nassau Shores. These neighborhoods offer a range of amenities, including beautiful bay and beach areas, family-friendly environments, and easy access to local parks and preserves.

What are some fun things to do in Massapequa? +

There are plenty of fun things to do in Massapequa, including visiting Tobay Beach, exploring the Massapequa Preserve, and checking out the Marjorie R. Post Community Park. You can also attend the Nassau County Strawberry Festival, visit the Reef Shark exhibit, or take a walk through the beautiful waterfront parks.

What is the food scene like in Massapequa? +

The food scene in Massapequa is diverse and exciting, with a range of restaurants serving everything from classic American cuisine to French, Cajun, and Asian fusion. Some popular spots include All American Hamburger Drive In, Paddy's Loft, Saverio's Authentic Pizza Napoletana, and American Beauty Restaurant. There are also plenty of great food trucks and casual eateries to try.

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

The pros of living in Massapequa include its beautiful beaches and parks, family-friendly environment, and easy access to local amenities. However, some cons include the potential for high property taxes and a relatively high cost of living. Additionally, some areas of Massapequa can be quite crowded and busy, especially during peak summer months.

Is Massapequa a good place to live? +

Overall, Massapequa is a great place to live, offering a unique blend of natural beauty, family-friendly amenities, and convenient access to local attractions and services. While it may have some drawbacks, the pros of living in Massapequa far outweigh the cons, making it an excellent choice for families, retirees, and anyone looking for a relaxed and welcoming community.