$2,500,000
( )
 $13,421 forsale estimated payment Sourced by Back At You

457 Long Beach Boulevard , Long Beach, NY 11561

Long Beach, NY 11561

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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

Mls3581485
Listing TypeFor Sale
StyleMixed Use
SubtypeResale
StatusActive
Year1951
Days On Site72
Listing Provided ByDouglas Elliman Real Estate | Jonathan Gottesmann

Features

ZoningCommercial
Acreage0.20

Market Activity 11561

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the OneKey MLS.

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Learn More About This Property

StateNY
CountyNassau
CityLong Beach
Zip Code11561
Subarea6
Listing VS Median (in 11561)
Price:
$2,500,000
low | high
Med:
$909,000
100% of Average
On Site:
72
low | high
Med:
184.500000
39.024390243902% of Average
Sourced by Back At You
Listing Updated: December 3, 2024 at 12:58:30 AM PST