Log In/Sign Up
Your email has been sent.
Clearview Cinemas 430 Plandome Rd 11,670 SF 100% Leased Retail Building Manhasset, NY 11030 $5,025,312 CAD ($430.62 CAD/SF)
INVESTMENT HIGHLIGHTS
- Prime corner downtown building at a traffic light regulated intersection
- Walking distance from the Manhasset LIRR Train Station
- Within the building is a fully operational, two story movie theatre complete with a liquor license
- New sewer line runs down Plandome Road allowing this property to connect.
- All tenancies are Month to Month enabling flexibility for a redevelopment plan
- Unbelievable demographics with $200,000+ Median income levels and 330,000 residents living in a 5 mile radius
EXECUTIVE SUMMARY
This 2-story, multi-tenant retail building sits on the corner of Orchard Street. It is walking distance to the Long Island Railroad Manhasset Train Station. The building is currently being used as a fully operational movie theatre with three screens and a liquor license. The corner stores operate on a month to month basis as a real estate office and a coffee importing company. The upper theater has a door that walks out onto a roof deck facing Plandome Road. The right business could utilize the space creatively. Nearly 330,000 residents live within a 5 mile radius of the site. Median Household Income are nearly $200,000 per annum within a 1 mile radius of the site. The real estate office and adjoining business are on a month to month lease for easier redevelopment. The Town recently extended the sewer lines down Plandome Road allowing this property to connect!!! This would allow for larger tenanting options and re-development opportunities.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
11,670 SF
Building Class
C
Year Built
1936
Price
$5,025,312 CAD
Price Per SF
$430.62 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.84
Lot Size
0.32 AC
Zoning
Business A / Business B
Frontage
8’ on PLANDOME RD
AMENITIES
- Commuter Rail
- Corner Lot
- Restaurant
- Signalized Intersection
- Balcony
Walk Score®
Very Walkable (85)
NEARBY MAJOR RETAILERS
ConnectOne Bank
PROPERTY TAXES
| Parcel Number | 2289-03-071-00-0307-0 | Improvements Assessment | $10,535 CAD |
| Land Assessment | $8,355 CAD | Total Assessment | $18,889 CAD |
PROPERTY TAXES
Parcel Number
2289-03-071-00-0307-0
Land Assessment
$8,355 CAD
Improvements Assessment
$10,535 CAD
Total Assessment
$18,889 CAD
1 of 2
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Clearview Cinemas | 430 Plandome Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.