$1,399,000
$1,399,000
For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 10/31/2025
Key Details
Sold Price $1,399,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID L3580253
Year Built 1926
Annual Tax Amount $26,280
Property Sub-Type Retail
Property Description
Prime opportunity in the heart of Manhasset's bustling village center. This free-standing retail/commercial building offers approximately 2,780 square feet of interior space and sits on a generous 8,114 sqft lot, complete with parking for up to 20 vehicles—a rare find in this location.
Strategically situated just minutes from the Long Island Rail Road and major thoroughfares, this high-visibility property offers strong daily traffic and convenient accessibility. The building is currently leased under a Triple Net (NNN) structure, providing $62,400 in annual net operating income—ideal for investors seeking stable, passive income in a sought-after North Shore market.
Zoned for commercial use, the structure features natural gas heating with baseboard delivery. The building is being sold as-is, with upside potential for repositioning, redevelopment, or continued use as a retail asset.
With long-standing retail presence and exceptional positioning within a dense, affluent consumer base, this is an excellent long-term asset for investors or end-users alike.
Location
State NY
County Nassau County
Interior
Heating Natural Gas, Baseboard
Building
Sewer Cesspool
Others
Special Listing Condition None
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Non-OneKey Office
GET MORE INFORMATION