20 W Park Ave, Long Beach, NY 11561
- $4,300,000
- List Price
- $4,300,000
- Price Change
- ▼ $200,000 1778018201
- Days on Market
- 185
- MLS#
- 952385
- Status
- PENDING
- Property Type
- Mixed Use
- Year Built
- 1967
- Property Tax
- $96,747
Property Description
20 W Park Avenue, Long Beach, NY 11561 is an iconic, historic commercial building located in the very heart of Long Beach, directly across from the LIRR station and steps from major retail, dining, and daily amenities. The property is fully occupied by professional office tenants, providing stable and diversified income. The ground floor is anchored by the well-known Toast Coffee + Kitchen, a landmark brunch destination that enhances foot traffic and long-term tenant appeal. With a strong capitalization rate, exceptional transit-oriented location, and proven tenant demand, this asset represents an ideal opportunity for long-term investment or 1031 exchange in one of Long Island’s most desirable downtown corridors.
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Additional Information
- Basement
- Unfinished
- Heating
- Forced Air
- Cooling
- Central Air
- Water
- Public
- Sewer
- Public Sewer
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Listing courtesy of Listing Agent: Ruoming Liao (wendyliao224@gmail.com) from Listing Office: NY Best Homes Realty.
Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.