457 Long Beach Blvd - Warehouse FOR SALE


Long Beach, NY 11561
$2,500,000 USD
718-496-6389
457 Long Beach Blvd, Long Beach, NY for Sale
$2,500,000 USD
Warehouse - FOR SALE
1/12
null | Request Cap Rate

457 Long Beach Blvd
Long Beach, NY 11561


HIGHLIGHTS

  • Excellent investment opportunity featuring two prime lots in Long Beach

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$549 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1951

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.2

LAND SF

8,851

ZONING

industrial

APN/PARCEL ID

1000-59-108-00-0042-0

ASK ABOUT THIS PROPERTY

Jonathan GottesmannDouglas EllimanMore Info
718-496-6389

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Jonathan GottesmannDouglas EllimanMore Info
718-496-6389

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