457 Long Beach Blvd
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457 Long Beach Blvd
4,550 SF Vacant Industrial Building Long Beach, NY 11561 $2,500,000 ($549/SF)
Investment Highlights
- Excellent investment opportunity featuring two prime lots in Long Beach
Executive Summary
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.
Property Facts
| Price | $2,500,000 | Lot Size | 0.20 AC |
| Price Per SF | $549 | Rentable Building Area | 4,550 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1951 |
| Property Subtype | Warehouse | Parking Ratio | 3.52/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Price | $2,500,000 |
| Price Per SF | $549 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.20 AC |
| Rentable Building Area | 4,550 SF |
| No. Stories | 1 |
| Year Built | 1951 |
| Parking Ratio | 3.52/1,000 SF |
| Opportunity Zone |
Yes |
Amenities
- Signage
Walk Score®
Very Walkable (88)
PROPERTY TAXES
| Parcel Number | 1000-59-108-00-0042-0 | Improvements Assessment | $1 |
| Land Assessment | $4,375 | Total Assessment | $4,376 |
PROPERTY TAXES
Parcel Number
1000-59-108-00-0042-0
Land Assessment
$4,375
Improvements Assessment
$1
Total Assessment
$4,376
zoning
| Zoning Code | industrial (a set of laws that define what can be built on a piece of land and how it can be used) |
| industrial (a set of laws that define what can be built on a piece of land and how it can be used) |
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457 Long Beach Blvd
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