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170-180 W Park Ave, Long Beach, NY 170 W Park Ave 8,800 SF 100% Leased Retail Building Long Beach, NY 11561 $4,885,720 CAD ($555.20 CAD/SF)
INVESTMENT HIGHLIGHTS
- 170-180 W Park Avenue rests of a 0.23-acre parcel with approximately +/- 8,800 square feet of leasable space.
- There is municipal parking located directly next to the property.
- The property is 100% occupied with strong lease terms.
- The location provides good access to the main commercial areas of Long Beach, public transportation (LIRR), and the amenities of the beach town.
EXECUTIVE SUMMARY
The Tuccillo Group of Marcus and Millichap is pleased to present for sale 170-180 W Park Avenue, a retail strip center located in Long Beach, NY.
170-180 W Park Avenue rests of a 0.23-acre parcel with approximately +/- 8,800 square feet of leasable space. There is municipal parking located directly next to the property. The property is 100% occupied. Situated in Long Beach, the property is close to the beach and new Super Block development. The location provides good access to the main commercial areas of Long Beach, public transportation (LIRR), and the amenities of the beach town, like restaurants, shops, and recreational activities.
The area demographics paint a picture of opportunity – over 51,000 people live within a three miles radius and an average household income over $141,000.
170-180 W Park Avenue rests of a 0.23-acre parcel with approximately +/- 8,800 square feet of leasable space. There is municipal parking located directly next to the property. The property is 100% occupied. Situated in Long Beach, the property is close to the beach and new Super Block development. The location provides good access to the main commercial areas of Long Beach, public transportation (LIRR), and the amenities of the beach town, like restaurants, shops, and recreational activities.
The area demographics paint a picture of opportunity – over 51,000 people live within a three miles radius and an average household income over $141,000.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
8,800 SF
Building Class
B
Year Built
1946
Price
$4,885,720 CAD
Price Per SF
$555.20 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.88
Lot Size
0.23 AC
Frontage
Walk Score®
Very Walkable (87)
NEARBY MAJOR RETAILERS
1 of 4
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170-180 W Park Ave, Long Beach, NY | 170 W Park Ave
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