Active
457 Long Beach Boulevard
Long Beach NY, 11561
$2,500,000
Active
Commercial
Built in 1951
This is an excellent investment opportunity featuring two prime lots in Long Beach. The first property, located at 457 Long Beach Blvd, is a commercial lot spanning 8,850 square feet with 4,550 square feet of interior space. It currently houses a successful automotive business that is operating under a lease, generating steady rental income. The second property, at 163 E. Chester, is a 6,000-square-foot commercial and possible residential lot that is currently vacant, offering a great opportunity for development. Both properties present significant upside potential. The commercial lot already produces income with its established business, offering a low-risk investment, while the empty lot provides immense flexibility for new development. These properties are situated in a growing area with great exposure and accessibility, making them attractive for long-term appreciation and future income generation. Investors can take advantage of the existing revenue stream while also planning for new developments to further maximize the potential of these properties.
3581485
MLSⓇ ID
September 26, 2024
Listed
November 7, 2024
Updated
Map
457 Long Beach Boulevard
Long Beach NY, 11561
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.2 Acres
Other Property Details
Taxes
$34,000
Tax Frequency
Annually
Garage
No
View
No
County
Nassau
Municipality
Hempstead
Pool
No
Listed by Jonathan Gottesmann Charles V Maione with Douglas Elliman Real Estate
Listing Contact: 516-432-3400
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Leah Tozer shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 2:54 PM UTC, 11/7/2024