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426 Plandome Rd Manhasset, NY 11030

Prime location, 14,552 SF, redevelopment potential

Overview

Added:
Dec 11, 2024
Days on market:
130
This fee-simple, 14,552 square foot retail storefront in Manhasset, NY, presents a unique value-add redevelopment opportunity. Located at 426 Plandome Rd, this two-story, 1936-built building boasts a 100% occupancy rate across three tenants, all on month-to-month leases, offering immediate flexibility. The property features a fully operational, two-story movie theater with a liquor license, adding significant income potential. The building's prime corner location is within walking distance of the Manhasset LIRR train station, benefiting from excellent accessibility and strong demographics. The median income within a 5-mile radius exceeds $200,000, and the area's population surpasses 330,000 residents. The corner stores are ideally suited for restaurant use, and the second-floor theater provides access to a rooftop area above the first floor. This property is a rare find, offering substantial upside for a savvy investor seeking a prime redevelopment project in a thriving Long Island community. The building is situated in Nassau County, NY, zip code 11030. The lease type is net, with a remaining lease term of one year.

Highlights

  • Prime corner retail building in downtown Manhasset, NY.
  • Walking distance to the Manhasset LIRR station.
  • Three month-to-month tenants allow for flexible redevelopment.
  • Includes a fully operational, two-story movie theater with a liquor license.
  • Excellent restaurant space potential.
  • Second-floor theater accesses a rooftop area.

Property Details for 426 Plandome Rd

Property type
Retail properties, Retail space
Square Feet
14,552 SF
Year Built
1936
Buildings
1
Stories
2

Location Insight

City
Manhasset
County
Nassau
State
New York
Latitude
40.798330277066
Longitude
-73.700000908632
426 Plandome Rd, Manhasset, New York

FAQs

What type of property is this?
Retail property - Prime location, 14,552 SF, redevelopment potential
Where is the retail property located?
The property is located at 426 Plandome Rd Manhasset, NY.
What are key features of this property?
This property features: Prime corner retail building in downtown Manhasset, NY.; Walking distance to the Manhasset LIRR station.; Three month-to-month tenants allow for flexible redevelopment.
How can I contact the broker?
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426 Plandome Rd
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