Skip to main content

Shopping Strip

170-180 W Park Ave, Long Beach, NY

170 W Park Ave, Long Beach, NY 11561

Listing Price: $3,500,000

Cap Rate
5.91%
Rentable SF
8,800
Lot Size
0.23 acres
Year Built
1946

Investment Overview

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.

Investment Highlights

  • 170-180 W Park Avenue rests of a 0.23-acre parcel with approximately +/- 8,800 square feet of leasable space.
  • The property is 100% occupied with strong lease terms.
  • There is municipal parking located directly next to the property.
  • The location provides good access to the main commercial areas of Long Beach, public transportation (LIRR), and the amenities of the beach town.

Exclusively Listed By

  • Michael Tuccillo

    Licensed Associate Real Estate Broker

    (212) 430-5196

    Email Michael

    License(s): NY: 10301217094, NY: 10491208938

    Manhattan

Shopping Strip

170-180 W Park Ave, Long Beach, NY

Listing Price: $3,500,000

Cap Rate
5.91%
Rentable SF
8,800
Lot Size
0.23 acres
Year Built
1946

Investment Highlights

  • 170-180 W Park Avenue rests of a 0.23-acre parcel with approximately +/- 8,800 square feet of leasable space.
  • The property is 100% occupied with strong lease terms.
  • There is municipal parking located directly next to the property.
  • The location provides good access to the main commercial areas of Long Beach, public transportation (LIRR), and the amenities of the beach town.

Investment Overview

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.

Exclusively Listed By

  • Michael Tuccillo

    Licensed Associate Real Estate Broker

    (212) 430-5196

    Email Michael

    License(s): NY: 10301217094, NY: 10491208938

    Manhattan

MM Texture Background
MM Textured Background Lower