Technical
Financial
Distress signals
Property profile

89 Shr Rd Manhasset, NY 11030

OFF-MARKET
Retail space
Property ID
US63-1584749
1,680 SF 0.1 ac lot Built 1926
Individually Owned 16-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 1,200 square foot retail space is ideally situated in a vibrant Manhasset, NY strip center at 89 E Shore Rd, Plandome, NY 11030. Located on the southbound side of East Shore Road, this end-cap unit benefits from high visibility and significant foot traffic. The property boasts a convenient location within a thriving commercial area, surrounded by complementary businesses focused on health and fitness. These include Top Gun Karate (Krav Maga), MC Dance & Fitness (offering Zumba, Bootcamp, and Boxing), and a large Crossfit gym. This synergistic tenant mix attracts a healthy and active clientele. The property features a large, easily accessible parking lot located at the rear of the building, ensuring ample parking for customers and employees. The single-tenant occupancy provides flexibility and control for the new occupant. This prime retail space presents a unique opportunity for businesses seeking high visibility and a strong customer base in a desirable Nassau County location. The property's strategic placement and the surrounding tenant mix create a compelling environment for attracting customers and building a successful business. This end-cap location offers excellent signage opportunities, further enhancing visibility and brand recognition. The property is ready for immediate occupancy.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1926
Construction FRAME
Total area 1,680 SF
Lot 0.1 ac (4,290 SF)
APN 02-189-00-0022
UPID US63-1584749

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Alternative Medicine Practice Spa & Massage Center
  • Alternative Medicine Practice Spa & Massage Center

Location

89 Shr Rd Manhasset, NY 11030-2931
Manhasset metro Census 301800 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$510k
Comparable Approach Comparable
$759k
Blend (final) Blend
$730k

Owner & transaction history

since 2009
2 recorded transactions
2009
$583,333
2007
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $1.2M +23.8%
Auto repair, garage $1.1M +15.3%
Commercial (general) $1.1M +13.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 89 Shr Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message