120 West Park Avenue, Long Beach, NY 11561
Turnkey professional center with renovated storefronts, flexible office or medical layouts, and on-site parking for occupants and visitors.
- Added:
- Jun 11, 2026
- Days on Market:
- 11
- Last Refresh:
- Jun 20 at 3:41 am
Property Features for 120 West Park Avenue
General Information
- Standard status
- Active
- Size
- 17,870 SF
- Property subtype
- Retail, Office
Building Details
- Year Built
- 1962
Listing agent Jordan Oliver License #NY 10301216584
Listing office Real Estate Strategies Limited
Listing date Jun 11, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Real Estate Strategies Limited
HighLights
- Commercial property built in 1962 at 120 W Park Avenue, Long Beach, NY
- Located directly opposite the LIRR station for commuter access to Manhattan and Long Island
- Recent renovations include new storefronts and updated building systems
- Flexible interior layouts for office, medical, or spa use
- On‑site parking for occupants and visitors
- Just blocks from the ocean and the Long Beach Boardwalk
Overview
The location is directly opposite the LIRR station, providing seamless commuter access between Manhattan and Long Island. The property is also described as being just blocks from the ocean and the Long Beach Boardwalk. In addition, it is positioned near shops and dining, supporting day-to-day convenience for tenants and their clients.
For prospective buyers or operators, the combination of updated building systems and adaptable interior configurations supports multiple professional approaches within a single asset. The storefront upgrades and on-site parking are practical for organizations that rely on frequent customer or patient visits, while the proximity to transit can help support consistent access for staff and clients. This is a turnkey commercial property opportunity for those seeking a professional-center format with renovation activity already completed.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $536.1k | $30.00 |
| − Vacancy | −$30.6k | −$1.71 |
| EGI | $505.5k | $28.29 |
| − OpEx | −$151.7k | −$8.49 |
| NOI | $353.9k | $19.80 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Long Beach
- County
- Nassau
- State
- New York
- Longitude
- -73.6676236
- Latitude
- 40.588122
