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$ 4,300,000
Est. payment /mo
Price Dropped by $200K
20 W Park Ave Long Beach, NY 11561
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 952385
Rental Info No
Year Built 1967
Annual Tax Amount $96,747
Property Sub-Type Mixed Use
Source onekey2
Property Description
20 W Park Avenue, Long Beach, NY 11561 is an iconic, historic commercial building located in the very heart of Long Beach, directly across from the LIRR station and steps from major retail, dining, and daily amenities.
The property is fully occupied by professional office tenants, providing stable and diversified income. The ground floor is anchored by the well-known Toast Coffee + Kitchen, a landmark brunch destination that enhances foot traffic and long-term tenant appeal.
With a strong capitalization rate, exceptional transit-oriented location, and proven tenant demand, this asset represents an ideal opportunity for long-term investment or 1031 exchange in one of Long Island's most desirable downtown corridors.
The property is fully occupied by professional office tenants, providing stable and diversified income. The ground floor is anchored by the well-known Toast Coffee + Kitchen, a landmark brunch destination that enhances foot traffic and long-term tenant appeal.
With a strong capitalization rate, exceptional transit-oriented location, and proven tenant demand, this asset represents an ideal opportunity for long-term investment or 1031 exchange in one of Long Island's most desirable downtown corridors.
Location
State NY
County Nassau County
Rooms
Basement Unfinished
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Exterior
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Trash Collection Public, Water Connected
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Special Listing Condition None
Listed by NY Best Homes Realty • Ruoming Liao
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