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12,780 sqft

$3,350,000

1061 N Broadway, Massapequa NY, 11758

Price per sqft$262.13
Built in1969
Property size12,780 sqft
Property typeCommercial
Courtesy of All Island Estates Realty Corp, Richard Matt Shane Listing Contact: 516-783-5600

Overview

Active

Listed Jul 29, 2026

Updated Aug 21

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, Staples, 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!!!)

Additional information

MLS® ID
1031801

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.23 Acres

Other Property Details

Taxes
$86,425
Tax Frequency
Annually

Listings courtesy of OneKey MLS as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The Carol Mahoney Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 9:49 PM UTC on 8/21/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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