89 Shore RdManhasset, NY 11030

Property Details for 89 Shore Rd

Year built

1926

Construction

FRAME

Lot size

0.10 AC

Property size (Sq ft)

1,680 SF

Property type

Retail space

APN

02-189-00-0022

APU

2189000022

Description

This exceptional 1,200 square foot retail space is ideally situated in a vibrant Manhasset, NY strip center at 89 E Shore Rd, Plandome, NY 11030. Located on the southbound side of East Shore Road, this end-cap unit benefits from high visibility and significant foot traffic. The property boasts a convenient location within a thriving commercial area, surrounded by complementary businesses focused on health and fitness. These include Top Gun Karate (Krav Maga), MC Dance & Fitness (offering Zumba, Bootcamp, and Boxing), and a large Crossfit gym. This synergistic tenant mix attracts a healthy and active clientele. The property features a large, easily accessible parking lot located at the rear of the building, ensuring ample parking for customers and employees. The single-tenant occupancy provides flexibility and control for the new occupant. This prime retail space presents a unique opportunity for businesses seeking high visibility and a strong customer base in a desirable Nassau County location. The property's strategic placement and the surrounding tenant mix create a compelling environment for attracting customers and building a successful business. This end-cap location offers excellent signage opportunities, further enhancing visibility and brand recognition. The property is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $408,299

  6.5%

  $376,891

  7%

  $349,970

• Comparable approach

  Method

  Valuation

  Relative Method

  $553,162

  Geo Method

  $553,162

• Alternative Use

  Use

  Valuation

  Residential

  $317,922

  Hospitality

  $291,215

  Educational

  $242,287

  Medical

  $250,620

  Retail

  $376,891

Location Insight

City

Manhasset

County

Nassau

State

New York

Latitude

40.7886

Longitude

-73.7075

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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