Project Description

For Sale: Commercial Land in Long Beach, NY

202 E Park Ave, Long Beach, NY 11561

Executive Summary:

Price: $4,500,000
Land Size: 14,000 SF
Property Type: Commercial Land
Lot Size: 0.32 Acres
Location: 202 E Park Ave, Long Beach, NY 11561

Investment Highlights

  • Strong Traffic Counts: 35,200+ Vehicles Per Day
  • Sits on a Busy Signalized Intersection
  • Right Next to Retail Strip Center & Near Other Neighborhood Amenities

Development Opportunities

  • Estimated 3,500-6,800 SF Building – As of Right
  • Parking – General Business
    – 1 Space Per 500 SF
    – 14 Total Spaces (plus any additional as determined by building commissioner)
    – Variance Should Not Be Required
  • Parking – Office
    – 1 Space Per 1,000 SF Office Suite
    – Plus 1 Space Per 4 Employees
    – 12 Total Spaces
    – Variance Should Not Be Required
  • Parking – Restaurant
    – 1 Space Per 4 Seats
    – Plus Additional Parking For Employees (determined by building commissioner)
    – Variance Likely Required

Note: After consultations with zoning counsel and architects, the seller believes the above represents obtainable development parameters. The drawings and calculations shown here are for guidance only. All development projects are subject to final local zoning and building department approvals based on the particular design to be submitted by the applicant. Accordingly, although the above represents realistic possibilities, no zoning or development opinion can be giving at this stage.

About Long Beach

Long Beach is a city located in Nassau County, is on a barrier island off the South Shore of Long Island, New York. It is surrounded by the Town of Hempstead. The city is less than a mile wide from ocean to bay and about three and a half miles long. Long Beach is politically independent and self-governing. The governing body consists of a five member City Council elected every two years in which they appoint a City Manager.

Beginning in the 1980s Long Beach has begun its development with new housings, new businesses, and other improvements. Today, the city is attracted by the quiet beach atmosphere and the easy, 55-minute train commutes.

Contact Broker

Ron Koenigsberg - Commercial Real Estate BrokerRon Koenigsberg, CCIM
President
Ron@aiprops.com
(O) 516.393.2300 x202
(F) 516.390.5780

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