750 Park Pl Long Beach, NY 11561
- Manufacturing properties
- 25,000 SF
- 0.63 lot acres
Current Use by Public Records
- CHEM Rx / Pharmacy
- Gladis Goodman / Pharmacy
- Amanda Silva / Pharmacy
- Deborah Mazzola / Pharmacy
- Irien Moawad / Pharmacy
Property Details for 750 Park Pl
- Lot size
- 0.63 lot acres
- Property size
- 25,000 SF
- Property type
- Manufacturing properties
- APN
- 59-277-00-0006
- APU
- 59277000006
Description
This 75,000-square-foot warehouse in Long Beach, NY, presents a unique opportunity for businesses seeking a strategically located industrial space. Situated on a 3.5-acre lot in Nassau County, this single-tenant property boasts six loading docks, 155 parking spaces, and 800 amps of power. Built in 1960, the warehouse features 16-foot ceiling heights and is zoned Ind B - Industrial. The interior and exterior are adaptable to build-to-suit tenant needs, with multiple overhead doors already installed. A backup generator and emergency lighting ensure operational continuity. While the entire 75,000 square feet is currently available, the space can be subdivided to accommodate various business requirements. Its convenient location offers easy access to major transportation arteries, including the New York & Atlantic Railway (less than ten miles away) and the Long Beach Bridge (less than two minutes away), providing seamless connectivity to all of Long Island and beyond. JFK Airport is within a 12-mile radius, and the Long Beach Train Station is a short ten-minute walk. The surrounding area boasts a strong workforce in trade, transportation, and utilities, with over 1,300 employees within a one-mile radius, making this an ideal location for warehousing, manufacturing, or distribution.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $10,920,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $10,145,000
- 6.5%
- $11,300,000
- 7%
- $12,145,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $12,165,000
- Geo Method
- $10,225,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $9,945,000
- Retail
- $10,010,000
- Mixed-Use
- $8,985,000
- Hospitality
- $9,135,000
- Educational
- $10,760,000
- Residential Income
- $12,455,000
- Energy
- $9,655,000
- Income-Based Land
- $10,835,000
- Food Service
- $9,240,000
Location Insight
- Map
- Local Demand
- City
- Long Beach
- County
- Nassau
- State
- New York
- Longitude
- -73.6619
- Latitude
- 40.5929
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
