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    Property profile & analytics
    OFF-MARKET Estimated value $10,820,000
    Manufacturing properties

    750 Park Pl 790, Long Beach, NY 11561-2110

    25,000 SF 0.63 ac lot
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US63-1751654
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group FACTORY (MANUFACTURING)
    Total area 25,000 SF
    Lot 0.63 ac (27,356 SF)
    APN 59-277-00-0006
    UPID US63-1751654
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • CHEM Rx Pharmacy
    • Gladis Goodman Pharmacy
    • Amanda Silva Pharmacy
    • Deborah Mazzola Pharmacy
    • Irien Moawad Pharmacy
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $10.16M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $10.82M
    Owner & transaction history
    Nam Park Place LLC · 3 yrs held
    Nam Park Place LLC
    since 2023
    Last sale
    $11.1M
    6 recorded transactions
    2023
    $11.1M
    2023
    2022
    2021
    2011
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Office building $17.6M +17.0%
    Auto repair, garage $16.4M +9.0%
    Commercial (general) $16.2M +7.3%
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