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Multi-Storefront Retail Investment Property
For Sale
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220-226 W Park Avenue, Long Beach, NY 11561

Five storefront units across single- and two-story retail buildings on five lots, held on long net leases.

Property SizeContact for details
Days on Market121

Property Features for 220-226 W Park Avenue

General Information

Standard status Active
Property subtype Special Purpose
Listing Agency: CENTURY 21 American Homes Long Beach
Listed By: Barbara Mullaney · License #NY
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 2:11AM

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 CENTURY 21 American Homes Long Beach

Investment Insights

Based on property information with market context.

This offering includes a highly maintained retail property with upgrades and renovations. The sale consists of 5 storefronts across one large single-story building and one large two-story building, located on 5 lots. The property is occupied by two established businesses operating under long net leases with yearly increases. Please note the building is for sale, not the businesses, and tenants should not be contacted.

The property is located at 220–226 W Park Avenue in Long Beach, NY 11561, between Laurelton Blvd and Magnolia Blvd. The current income is stated as net income over $340,000 per year.

For investors and owner-users evaluating a stabilized retail asset with multiple storefronts and long-term lease structure, this configuration provides a consolidated ownership interest across the two buildings and five lot footprint.

Key Highlights

  • Five retail storefront units across one large single‑story building and one large two‑story building
  • Long net leases with well‑established, long‑term tenants and yearly increases
  • Net income over $340,000 per year (building for sale; businesses not included)

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Hair Salon Law Firm Daycare Center Bakery Barber Shop Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,077
Businesses Nearby
Under-served
Demand for This Use

Demographics for 11561, NY

39,132
Population
18,442
Households
2.1
Avg Household Size
45
Median Age
53%
College-Educated
96%
High-School Grad
4.0 sq mi
ZIP Area
9,783
Density / Sq Mi
$132,903
Median Household Income
$72,221
Median Earnings
$2,462
Median Rent
$676,600
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Shopping center - Five storefront units across single- and two-story retail buildings on five lots, held on long net leases.
Where is this shopping center located?
The property is located at 220-226 W Park Avenue Long Beach, NY.
What are key features of this property?
This property features: Five retail storefront units across one large single‑story building and one large two‑story building; Long net leases with well‑established, long‑term tenants and yearly increases; Net income over $340,000 per year (building for sale; businesses not included)
More about this property
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