20 W Park Ave, Long Beach, NY 11561
sale
$4,300,000
|
Other
Courtesy Of NY Best Homes Realty
20 W Park Avenue, Long Beach, NY 11561 is an iconic, historic commercial building located in the very heart of Long Beach, directly across from the LIRR station and steps from major retail, dining, and daily amenities. The property is fully occupied by professional office tenants, providing stable and diversified income. The ground floor is anchored by the well-known Toast Coffee + Kitchen, a landmark brunch destination that enhances foot traffic and long-term tenant appeal. With a strong capitalization rate, exceptional transit-oriented location, and proven tenant demand, this asset represents an ideal opportunity for long-term investment or 1031 exchange in one of Long Island's most desirable downtown corridors.
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Property Features
- Age: Over 50 Years Old
- Amenities: Cable Ready
- Amenities: Basement
- Building Units: 16
- Cooling System: Central Air
- Exterior Type: Brick
- Heating System: Forced Air
- MLSID: 952385
- Rooms: Basement
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