457 Long Beach Boulevard , Long Beach, NY 11561
Long Beach, NY 11561
Description
This is an excellent investment opportunity featuring two prime lots in Long Beach. The first property, located at 457 Long Beach Blvd, is a commercial lot spanning 8,850 square feet with 4,550 square feet of interior space. It currently houses a successful automotive business that is operating under a lease, generating steady rental income. The second property, at 163 E. Chester, is a 6,000-square-foot commercial and possible residential lot that is currently vacant, offering a great opportunity for development. Both properties present significant upside potential. The commercial lot already produces income with its established business, offering a low-risk investment, while the empty lot provides immense flexibility for new development. These properties are situated in a growing area with great exposure and accessibility, making them attractive for long-term appreciation and future income generation. Investors can take advantage of the existing revenue stream while also planning for new developments to further maximize the potential of these properties.
Details
| MLS# | 3581485 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Year | 1951 |
| Days On Site | 12 |
| Listing Provided By | Douglas Elliman Real Estate | Jonathan Gottesmann |
Features
| Zoning | Commercial |
|---|---|
| Acreage | 0.20 |
Market Activity 11561
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Learn More About This Property
| State | NY |
|---|---|
| County | Nassau |
| City | Long Beach |
| Zip Code | 11561 |
| Subarea | 6 |
| Listing VS Median (in 11561) | |
Price: $2,500,000 low | high Med: $930,000 On Site: 12 low | high Med: 119.000000 | |