60-62 Park AveLong Beach, NY 11561

Property Details for 60-62 Park Ave

Year built

1924

Construction

FRAME

Lot size

0.09 AC

Property size (Sq ft)

1,650 SF

Property type

Retail space

APN

59-084-00-0009

APU

59084000009

Description

This exceptional two-story commercial building, located at 60-62 West Park Avenue, offers a prime opportunity for businesses seeking executive office space in Nassau County. Built in 1974, the property boasts a total of 7,200 square feet across one building, divided into six suites. Currently, 3,000 square feet of flexible space is available for lease, with a minimum divisible unit of 300 square feet and a maximum contiguous space of 2,100 square feet. This allows for a variety of tenant needs, from small startups to established businesses requiring larger footprints. The building's convenient location near Edwards Blvd. provides excellent accessibility and visibility. The property is classified as both retail and office, offering versatile options for various business types. The multiple tenancy structure allows for a diverse and vibrant community within the building. This is an excellent opportunity to secure high-quality office space in a desirable location. The building's layout and size provide a comfortable and productive work environment. Interested parties are encouraged to inquire about lease terms and availability for the available 3,000 square feet of space. Don't miss this chance to establish your business in this well-situated Nassau County property.

• CAP approach

  CAP return

  Valuation

  6%

  $436,250

  6.5%

  $402,692

  7%

  $373,928

• Comparable approach

  Method

  Valuation

  Relative Method

  $543,284

  Geo Method

  $543,284

• Alternative Use

  Use

  Valuation

  Residential

  $339,686

  Hospitality

  $311,150

  Educational

  $258,874

  Medical

  $267,777

  Retail

  $402,692

Location Insight

City

Long Beach

County

Nassau

State

New York

Latitude

40.5881

Longitude

-73.6661

CBSA code

35620

CBSA name

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

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

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.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].