670 Long Bch Blvd Long Beach, NY 11561-2237
This exceptional two-story, 14,269 square foot office building presents a compelling investment opportunity in Long Beach, NY. Constructed in 2005, this Class B property boasts a fee-simple ownership structure and sits on a 0.41-acre lot. Currently configured as multi-tenant space with temporary occupants, the building offers significant flexibility for future use. The asking price is $4,750,000, translating to $333 per square foot. Its convenient location on Long Beach Boulevard places it directly on the n15 bus route, offering easy access to public transportation. Furthermore, its proximity to the heart of Long Beach provides easy access to a wealth of amenities, and its close proximity to the Island Park LIRR train station ensures convenient commuting options for employees and clients. The property's Commercial zoning allows for a variety of potential uses, making it an attractive prospect for investors seeking a versatile and well-located asset in a thriving Long Island community. The building's single structure comprises two stories, and the property's APN is 1000-59-119-00-0011-0. This is a rare opportunity to acquire a well-situated office building with strong potential for future growth and return on investment.
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Ipsidy Inc. (Bike/Boat/Book/etc) Store Corporate Office
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The Studios by Bridgeworks Real Estate Agency
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Planet Bank Credit Union
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Riverside Funding Corporation Loan Service Bank
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Long Beach Latino Civic Association Association / Organization
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.