948 Broadway Woodmere, NY 11598

Property Details for 948 Broadway

Year built

1948

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.78 lot acres

Property size

13,842 SF

Property type

Bowling alleys

APN

39-221-00-0221

APU

39221000221

Description

This exceptional 40,681 square foot retail property, situated on a 0.87-acre lot in Woodmere, NY, presents a unique investment opportunity. Boasting 191 feet of frontage on Broadway, this landmark location has thrived since 1948. The property currently houses five established businesses: two retail units, a culinary school, a state-of-the-art bowling alley, and a bustling nightclub. The expertly maintained building features high ceilings, a full basement, and ample parking with two on-site lots and municipal parking directly across the street. Convenient public transportation is also available just a block away. This prime development site offers significant growth potential. The bowling alley and nightclub are negotiable and can be delivered vacant, providing flexibility for future development or continued operation. The property's long-standing success and prime location make it an ideal investment for both developers and seasoned investors seeking a high-return opportunity in a thriving community. The beam and block construction ensures durability and longevity. This is a rare chance to acquire a substantial retail center with a proven track record and immense potential for future expansion and increased profitability.

Location Insight

City

Woodmere

County

Nassau

State

New York

Longitude

-73.7085

Latitude

40.6303

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments