Property summary
This exceptional mixed-use property, situated in the heart of Manhasset, New York, presents a compelling investment opportunity. The freestanding building is located on a 0.19-acre lot and offers a highly desirable "center of town" location, providing unparalleled convenience and accessibility. The property boasts ample parking with approximately 20 spaces, a significant advantage in this high-demand area. The building is being sold "as is," allowing for potential renovation and customization to suit a variety of uses. The current lease structure is a NNN (Net, Net, Net) lease, minimizing the owner's operational responsibilities. This translates to a potentially strong passive income stream for the investor. Given its prime location near the Long Island Rail Road (LIRR), this property benefits from excellent public transportation access, further enhancing its appeal to both tenants and potential buyers. The property's versatility and strategic location make it an ideal investment for those seeking a strong return on investment in a thriving Long Island community. The asking price is $1,399,000. Serious inquiries are encouraged. The square footage is not currently available.
Property profile
VerifiedCap rate & NOI
Current use
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Nail Salon
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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