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    272 W Park Ave Long Beach, NY 11561

    For Sale
    $849,999

    Commercial building with approved expansion plans in high-traffic area.

    Lot size:
    0.05 Acres

    Property Features for 272 W Park Ave

    General Information

    Lot size
    0.05 Acres

    Building Details

    Year built
    1955

    Source: Daniel Gale Sothebys Intl Rlty Agent Leah E. Rosensweig Tozer CBR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Medical Office with Expansion Potential

    This semi-detached commercial building, currently operating as a single-tenant medical office, is located in a high-traffic area. The property includes a reception and waiting area, five examination rooms, two consultation offices, a lab room, two bathrooms, and a storage room. It features 20 feet of frontage on West Park Ave, near anchor stores and the Laurel Diner. Approved plans are in place for a second story and rooftop expansion. The zoning allows for a two-story structure, offering opportunities for customization and growth.
    Insight Report Location Intelligence

    Current Use by Public Records

    Dr. Matthew S. ... Pediatrician

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    All Creatures Veterinary Services, All Creatures Veterinary Hospital: Geltman Wayne DVM, Gelfand Lewis J DVM, Waldman Hal M DVM, Veterinary Hospital

    Location Insight

    • Map
    • Local Demand
    City
    Long Beach
    County
    Nassau
    State
    New York
    Longitude
    -73.6722202
    Latitude
    40.5880939

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    FAQs

    What type of property is this?
    Medical office - Commercial building with approved expansion plans in high-traffic area.
    Where is this medical office located?
    The property is located at 272 W Park Ave Long Beach, NY.
    What is the asking price?
    The asking price for this property is $849,999.
    What are key features of this property?
    This property features: - Approved plans for a second story and rooftop expansion.; - High-traffic location with **20 feet of prime frontage on West Park Ave.**; - Currently operating as a single-tenant medical office.
    (516) 670-1700
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    272 W Park Ave Long Beach, NY 11561
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