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North Massapequa, NY Commercial Investment Properties for Sale

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

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

⭐ Featured

190 Manhattan Ave, Buffalo, NY – Prime Multifamily Investment with 7.56% Cap Rate

$6,500,000
Buffalo Multifamily

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

Cap Rate 7.56%
NOI $491,400
Size 65,000 SF

📊 Avg Property Tax Rate For North Massapequa NY Properties: 2.0400%

⭐ 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

Investor Questions For North Massapequa NY

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

What's the overall investment potential of North Massapequa, NY? +
The combination of a high median household income of $96,824, low poverty rate of 4.7%, and excellent health insurance coverage of 97.5% suggests a stable and attractive market for real estate investment, with a strong potential for rental income and property appreciation.
How does the local economy impact real estate investment in North Massapequa? +
The top industries in North Massapequa, including Finance & Insurance, Public Administration, and Manufacturing, contribute to a diverse and stable economy, which is further supported by a high employment rate and low poverty rate, making it an ideal location for real estate investment.
What's the quality of life like for residents in North Massapequa, and how does it affect property values? +
The average commute time of 33 minutes, combined with a high rate of health insurance coverage and a strong public transit system, indicates a good quality of life for residents, which can positively impact property values and attract potential buyers or renters, particularly in a market with a high homeownership rate of 94.5%.
How does the demographic diversity of North Massapequa impact the local real estate market? +
The ethnic diversity of North Massapequa, with a majority of White and White Non-Hispanic residents, and a smaller but present Hispanic population, contributes to a culturally rich community, which can attract a wide range of buyers and renters, and the high median household income and low poverty rate suggest a market with a strong demand for housing.
What are the key factors to consider when evaluating the potential return on investment in North Massapequa? +
When evaluating the potential return on investment in North Massapequa, consider the median property value of $423,700, median property taxes of $5,749, and the relatively low poverty rate of 4.7%, combined with the high health insurance coverage rate of 97.5% and average commute time of 33 minutes, which all suggest a stable and potentially lucrative market for real estate investment.

North Massapequa NY Real Estate & City Facts

Key facts and real estate information about North Massapequa NY.

What are some of the best neighborhoods to live in North Massapequa? +
Some of the best neighborhoods to live in North Massapequa include Westholme North, Central District, The Canals, Presidents Streets, East End North, South Bellmore, North Park, Copiague Harbor, American Venice, East End South, and Downtown Long Beach. These neighborhoods offer a range of housing options, from single-family homes to condos and townhouses, and are known for their safety, good schools, and community amenities.
What are some fun things to do in North Massapequa? +
There are plenty of fun things to do in North Massapequa, including visiting the Massapequa Preserve, which is beautiful in the spring and features swans and ducks on the lake and stream. You can also explore the Bethpage Bikeway, a 13.4-mile paved bike path that runs through the suburbs and three parks, including Trail View State Park, Bethpage State Park, and Massapequa Preserve. Additionally, you can check out the local restaurants and shops, such as Pulcinella Neapolitan Restaurant, Vespa Italian Kitchen & Bar, and Corner Galley.
What is the food scene like in North Massapequa? +
The food scene in North Massapequa is diverse and offers a range of options, from Italian cuisine at Pulcinella Neapolitan Restaurant and Vespa Italian Kitchen & Bar, to Mexican food at Mesita, and homemade Italian cuisine at Giovanni's of Massapequa. There are also plenty of great food trucks and local eateries to try. You can find everything from traditional American comfort food to international cuisine, and there are many restaurants that offer outdoor seating and catering services.
What are the pros and cons of living in North Massapequa? +
The pros of living in North Massapequa include its safe and welcoming community, good schools, and range of housing options. The area is also known for its beautiful parks and outdoor spaces, including the Massapequa Preserve and the Bethpage Bikeway. However, some cons of living in North Massapequa include the high cost of living, including expensive housing and taxes, and the potential for traffic and congestion on the roads. Additionally, some areas of North Massapequa may be prone to flooding, which can be a concern for homeowners.
Is North Massapequa a good place to live? +
Overall, North Massapequa is a great place to live, offering a unique blend of suburban charm and urban amenities. The area is known for its safe and welcoming community, good schools, and range of housing options, making it an attractive option for families and young professionals. While there are some potential drawbacks to consider, such as the high cost of living and potential for traffic and flooding, the benefits of living in North Massapequa far outweigh the drawbacks. With its beautiful parks, outdoor spaces, and diverse food scene, North Massapequa is a great choice for anyone looking for a comfortable and convenient place to call home.
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