375 Plandome Rd Manhasset, NY 11030-1940
- Investment properties
- 405 SF
- 0.13 lot acres
Feb 27, 2025
Current Use by Public Records
- Starbucks / Internet Cafe / Coffee Shop
Property Details for 375 Plandome Rd
- Year built
- 1920
- Construction
- FRAME
- Lot size
- 0.13 lot acres
- Property size
- 405 SF
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 03-045-00-0114
- APU
- 3045000114
Description
This exceptional investment opportunity presents a 1,582 square foot Starbucks located at 375 Plandome Road in Manhasset, New York, 11030. The property is a single-unit, net lease retail space classified as QSR/Fast Food and Storefront. The asking price is $2,300,000, translating to a price per square foot of $1,453.86. This prime location benefits from convenient on-site parking, a significant advantage for customers and operational efficiency. The property's strategic positioning is further enhanced by its proximity to the Manhasset Long Island Rail Road (LIRR) station, just one block to the north, ensuring high visibility and accessibility. The investment is secured by a corporate guarantee, providing added financial stability and mitigating risk. This represents a compelling opportunity for investors seeking a strong, established tenant in a high-traffic area with seller financing available. The property is situated in Nassau County within a thriving commercial district. This Starbucks offers a stable income stream and significant potential for long-term appreciation.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Manhasset
- County
- Nassau
- State
- New York
- Longitude
- -73.7001
- Latitude
- 40.7977
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA