Project Description

For Sale: Freestanding Retail in Massapequa, New York

40 Carmans Rd, Massapequa, New York 11758

Executive Summary:

Price: $4,925,000
Building Size: 11,788 SF
Property Type: Retail
Lot Size: 0.37 Acres
Year Built: 1968
Cap Rate: 5.79%
NOI: $285,194
Location: 40 Carmans Rd, Massapequa, NY 11758

Property Highlights

  • Right Next to Sunrise Mall
  • Near Sunrise Highway, Southern State Parkway, and Public Transportation
  • Located on a Signalized Intersection

Property Details

American Investment Properties is retained to sell 40 Carmans Road in Massapequa, New York. At this location is a freestanding retail building which sits at the entrance of the popular Sunrise Mall. The property sits right on the corner of a signalized intersection between Carmans Road and Louden St.

For public transportation the property is accessible by multiple bus lines, and the Amityville L.I.R.R. Station. Sunrise Highway is only one block away and the Southern State Parkway is just a five minute drive in distance.

About Massapequa

Massapequa is a hamlet and census-designated place located in Nassau County, on the South Shore of Long Island, New York. It is within the Town of Oyster Bay.

Notable residents who lived or are living in Massapequa include the Baldwin brothers — Alec, Daniel, Stephen and William (actors), Gary Baldinger (former football player), Anthony Pappalardo (Pro Skateboarder), Steve Labriola (town clerk), and Jerry Seinfeld (comedian).

The community is served by Massapequa School District which has six Elementary schools [Grades K-6], one Middle School [Grades 7-8], one Pre-High School [Grade 9], and one High School [Grades 10-12]. The District has an Adult Education Office at the High School location. There are also several houses of worships in the area such as Methodist, Nazarene, and Baptist, Episcopal, Lutheran and Presbyterian denominations represented in its over 10 Churches. The John J. Burns Town Park and the Marjorie R. Post Community Park are 2 popular attractions in town to relax. Plus, there are 2 beaches in Massapequa including Florence Avenue and Tobay which hosts the JFK Memorial Wildlife Sanctuary.

Contact Broker

Ron Koenigsberg - Commercial Real Estate BrokerRon Koenigsberg, CCIM
President
Ron@aiprops.com
(O) 516.393.2300 x202
(F) 516.390.5780

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