Log In/Sign Up
Your email has been sent.
Mixed Use Building for Sale - Massapequa NY 4230-4236 Merrick Rd 4,650 SF 61% Leased Retail Building Massapequa, NY 11758 $1,299,000 ($279.35/SF)
Executive Summary
±1,800 SF Office / Retail End-User Opportunity
Prime ±4,650 SF mixed-use building featuring two commercial units and two apartments (2BR and 3BR). One ±1,800 SF commercial space is available turnkey—ideal for an owner-user or investor seeking additional rental income.
Current income from the occupied apartments and one leased commercial space totals $87,876/year, covering expenses and yielding approximately $12,000 net annually—before factoring in income potential from the available space.
Located on high-traffic Merrick Road in the heart of Massapequa, this property offers 60 feet of frontage, seven private parking spaces, and excellent visibility with over 37,000 vehicles per day. Steps from local shops, restaurants, and national retailers, and minutes from Sunrise Highway, Route 135, and the Massapequa LIRR.
A standout owner-occupant or investment opportunity in one of Long Island’s most active commercial corridors.
Prime ±4,650 SF mixed-use building featuring two commercial units and two apartments (2BR and 3BR). One ±1,800 SF commercial space is available turnkey—ideal for an owner-user or investor seeking additional rental income.
Current income from the occupied apartments and one leased commercial space totals $87,876/year, covering expenses and yielding approximately $12,000 net annually—before factoring in income potential from the available space.
Located on high-traffic Merrick Road in the heart of Massapequa, this property offers 60 feet of frontage, seven private parking spaces, and excellent visibility with over 37,000 vehicles per day. Steps from local shops, restaurants, and national retailers, and minutes from Sunrise Highway, Route 135, and the Massapequa LIRR.
A standout owner-occupant or investment opportunity in one of Long Island’s most active commercial corridors.
Financial Summary (Pro Forma - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$147,276
|
$31.67
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$147,276
|
$31.67
|
| Taxes |
$67,290
|
$14.47
|
| Operating Expenses |
$9,400
|
$2.02
|
| Total Expenses |
$76,690
|
$16.49
|
| Net Operating Income |
$70,586
|
$15.18
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $147,276 |
| Annual Per SF | $31.67 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $147,276 |
| Annual Per SF | $31.67 |
| Taxes | |
|---|---|
| Annual | $67,290 |
| Annual Per SF | $14.47 |
| Operating Expenses | |
|---|---|
| Annual | $9,400 |
| Annual Per SF | $2.02 |
| Total Expenses | |
|---|---|
| Annual | $76,690 |
| Annual Per SF | $16.49 |
| Net Operating Income | |
|---|---|
| Annual | $70,586 |
| Annual Per SF | $15.18 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,650 SF
Building Class
C
Year Built
1966
Price
$1,299,000
Price Per SF
$279.35
Percent Leased
61%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.71
Lot Size
0.15 AC
Zoning
R1-7 - Mixed Use
Parking
8 Spaces (1.72 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Security System
- Signage
- Air Conditioning
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 2489-65-038-00-1359-0 | Total Assessment | $9,620 (2025) |
| Land Assessment | $2,109 (2025) | Annual Taxes | $67,290 ($14.47/SF) |
| Improvements Assessment | $7,511 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
2489-65-038-00-1359-0
Land Assessment
$2,109 (2025)
Improvements Assessment
$7,511 (2025)
Total Assessment
$9,620 (2025)
Annual Taxes
$67,290 ($14.47/SF)
Tax Year
2026
1 of 37
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Mixed Use Building for Sale - Massapequa NY | 4230-4236 Merrick Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.