2 Manchester Dr - Multi-Family FOR SALE


Massapequa, NY 11758- North Massapequa
$1,999,999 USD
212-430-5196
2 Manchester Dr, Massapequa, NY for Sale
$1,999,999 USD
Multi-Family - FOR SALE
1/10
null | Request Cap Rate

2 Manchester Dr
Massapequa, NY 11758
North Massapequa


HIGHLIGHTS

  • The subject property rests on a 0.85-acre parcel with approximately +/- 4,429 square feet of space.
  • This property consists of four(4) buildings with five (5) total apartments.
  • The area is well-served by the Long Island Rail Road (LIRR), providing easy access to Manhattan and other parts of New York City.

OVERVIEW

Marcus & Millichap is proud to present for sale 2 Manchester Drive ("Subject property"), a multifamily property located in Massapequa, NY. The subject property rests on a 0.85-acre parcel with approximately +/- 4,429 square feet of space. This property consists of three (3) buildings with five (5) total apartments. Massapequa is a vibrant community known for its excellent amenities and convenient transportation options. The area is well-served by the Long Island Rail Road (LIRR), providing easy access to Manhattan and other parts of New York City. The neighborhood boasts a variety of shopping options, from local boutiques to large shopping centers. Popular shopping destinations include Macy's, T.J. Maxx, Kohl's, Marshalls, ShopRite, Target, Stop & Shop, and more. The area also features several parks, recreational facilities, and cultural attractions, enhancing the quality of life for residents. The area demographics paint a picture of opportunity – over 168,000 people live within a three-mile radius, and the average household income is over $158,000.

FOR SALE DETAILS

PRICE

$1,999,999 USD

PRICE/SF

$452 USD /SF

# OF UNITS

5

PRICE/UNIT

$400,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2 Manchester Dr, Massapequa, NY

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.85 AC

LAND SF

37,026 SF

ZONING

-

APN/PARCEL ID

2489-52-376-00-0071-0

ASK ABOUT THIS PROPERTY

Michael TuccilloMarcus & MillichapMore Info
212-430-5196

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Michael TuccilloMarcus & MillichapMore Info
212-430-5196

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.