Property profile

262-264 Park Ave Long Beach, NY 11561

OFF-MARKET
Retail space
Property ID
US63-2361057
5,100 SF 0.21 ac lot Built 1961
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1961
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,100 SF
Lot 0.21 ac (9,000 SF)
APN 59-125-00-0172
UPID US63-2361057

Cap rate & NOI

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

Location

262-264 Park Ave Long Beach, NY 11561
Long Beach metro Census 416701 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.57M
CAP Approach CAP
$1.56M
Comparable Approach Comparable
$2.12M
Blend (final) Blend
$1.55M

Owner & transaction history

since 2022
Last sale
$1.7M
3 recorded transactions
2022
$1.7M
2016
$1.5M
1969
Price N/A

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
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