Property profile

20 Tower Pl Roslyn, NY 11576

OFF-MARKET
Theaters & concert halls
Property ID
US63-3429745
217 SF 0.11 ac lot Built 1923
Entity Owned 1-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 8,400 square foot, two-story building presents a unique redevelopment opportunity in the affluent Roslyn Village, NY. Located on a 4,662 square foot lot at 20 Tower Pl, 11576, this vacant property boasts stunning waterfront views of Roslyn Harbor, Roslyn Pond, and the Roslyn Viaduct. The building, constructed in 1923, features high ceilings (approximately 12 feet clear on both levels) and a partial basement with updated electrical service and sewer connection. Currently zoned CV-Village Commercial, the property allows for expansion up to three stories and a maximum building height of 35 feet, offering significant potential for various uses. Imagine transforming this prime location into a thriving retail space, a mixed-use development combining retail and office or residential units, or a full office or multi-family building. Situated within Roslyn's upscale shopping district, this property benefits from its proximity to numerous high-end dining establishments and is located in one of Long Island's wealthiest zip codes, where the median home value is nearly $1,000,000. The asking price is $1,950,000 ($232.14 per square foot). This is a rare chance to acquire a fee-simple ownership in a highly desirable waterfront location with immense redevelopment potential.

Property profile

Verified
Property type Theaters & concert halls
Use group THEATER (MOVIE)
Year built 1923
Construction FRAME
Total area 217 SF
Lot 0.11 ac (4,662 SF)
APN 07-00B-00-0002
UPID US63-3429745

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Home Appliance Store
  • Landscaping General Contractor
  • Cinema Theater & Performing Art Venue

Location

20 Tower Pl Roslyn, NY 11576-2151
Roslyn metro Census 302000 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.68M

Owner & transaction history

since 2025
Last sale
$1.7M
5 recorded transactions
2025
$1.7M
2025
Price N/A
2018
$933,333
2013
$51,671
1998
$700,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 20 Tower Pl?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message