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457 Long Beach Boulevard

Long Beach, NY 11561
  • $2,500,000
  • STATUS: Active
  • ON SITE: 75 Days
  • MLS #: L3581485
UPDATED: 59 min ago
$2,500,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1951
County:
Area:

School Ratings & Info

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.

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© 2024 OneKey MLS. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty NYC Group. Data last updated: 2024-12-11T12:19:28.623.
www.padernachtrealestate.com/homes/155865021
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457 Long Beach Boulevard Long Beach, NY 11561

  • Price: $2,500,000
  • Status: Active
  • On Site: 75 Days
  • Updated: 59 min ago
  • MLS #: L3581485
0
Beds
0
Baths
0
½ Baths
0.2
Acres
1951
Built
Neighborhood:
Hempstead
County:
Nassau
Area:
Hempstead
Property 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.
Exterior Features

Cross Street Chester Overhead Door Height 12 Pool Private YN No

Interior Features

Basement YN No Num Of1 Bed Rooms 0 Num Of2 Bed Rooms 0 Num Of3 Bed Rooms 0 Num Of4 Bed Rooms 0

Property Features

Additional Fees 0.00 Additional Fees YN No Additional Parcel YN No Association YN No Current Use Commercial Lot Size Area 8850 Lot Size Dimensions 75x121 Seasonal YN No Spa YN No Tax Annual Amount 34000 Tax Section 59 Zoning Commercial

Listing courtesy of Jonathan Gottesmann of Douglas Elliman Real Estate: 516-432-3400
© 2024 OneKey MLS. All rights reserved.


© 2024 OneKey MLS. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty NYC Group. Data last updated: 2024-12-11T12:19:28.623.
 
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2300 Eastchester Road
Bronx NY, 10469