For Sale
$1,950,000

20 Tower Pl Roslyn, NY 11576

Prime 8,400 SF Vacant Retail Building

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 8,400 square foot, two-story building presents a unique redevelopment opportunity in the affluent Roslyn Village, NY. Located on a 4,662 square foot lot at 20 Tower Pl, 11576, this vacant property boasts stunning waterfront views of Roslyn Harbor, Roslyn Pond, and the Roslyn Viaduct. The building, constructed in 1923, features high ceilings (approximately 12 feet clear on both levels) and a partial basement with updated electrical service and sewer connection. Currently zoned CV-Village Commercial, the property allows for expansion up to three stories and a maximum building height of 35 feet, offering significant potential for various uses. Imagine transforming this prime location into a thriving retail space, a mixed-use development combining retail and office or residential units, or a full office or multi-family building. Situated within Roslyn's upscale shopping district, this property benefits from its proximity to numerous high-end dining establishments and is located in one of Long Island's wealthiest zip codes, where the median home value is nearly $1,000,000. The asking price is $1,950,000 ($232.14 per square foot). This is a rare chance to acquire a fee-simple ownership in a highly desirable waterfront location with immense redevelopment potential.

Highlights

  • Prime waterfront location with stunning views.
  • Situated in an affluent Long Island village.
  • Zoning permits three-story construction up to 35 feet.
  • Redevelopment potential includes retail, office over retail, apartments over retail, or full office/multi-family uses.

Property Details for 20 Tower Pl

Property type
Retail properties
Square Feet
8,400 SF
Year Built
1923
Buildings
1
Stories
2

Location Insight

City
Roslyn
County
Nassau
State
New York
Latitude
40.7998203
Longitude
-73.6499891

FAQs

What type of property is this?
Retail property - Prime 8,400 SF Vacant Retail Building
Where is the retail property located?
The property is located at 20 Tower Pl Roslyn, NY.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Prime waterfront location with stunning views.; Situated in an affluent Long Island village.; Zoning permits three-story construction up to 35 feet.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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20 Tower Pl
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