MLS#952385
STATUSPending
PROPERTY TYPECommercial - Multiple
Property Description
20 W Park Avenue, Long Beach, NY 11561 is an iconic, historic commercial building located in the very heart of Long Beach, directly across from the LIRR station and steps from major retail, dining, and daily amenities.The property is fully occupied by professional office tenants, providing stable and diversified income. The ground floor is anchored by the well-known Toast Coffee + Kitchen, a landmark brunch destination that enhances foot traffic and long-term tenant appeal.With a strong capitalization rate, exceptional transit-oriented location, and proven tenant demand, this asset represents an ideal opportunity for long-term investment or 1031 exchange in one of Long Island's most desirable downtown corridors.
Property Features
Property Type: Commercial - Multiple
Basement: Yes
Basement: Unfinished
Cooling: Central Air
Heating: Forced Air
Taxes: $96,747
Year Built: 1967
Feature Descriptions
Building Area Total: 18000
Business Type: Professional/Office, Restaurant, Retail
Cap Rate: 7
Days on Site: 82
Electric: 120/240 Volts
Exterior: Brick
On Market Date: 2026-01-25
Rental Term: Monthly
Seller Concession: Yes
Sewer: Public Sewer
Units: 16
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Trash Collection Public, Water Connected
Water: Public
Listed By / Shown By
Listing By
Agency Name: NY Best Homes Realty
Agency Contact: 516-466-1888
Shown By
Agency Title: Coldwell Banker American Homes
Agency Phone: 866-831-4443
20 W Park Ave | MLS# 952385
This commercial property located at 20 W Park Ave, Long Beach, NY 11561 is currently listed for sale with an asking price of $4,500,000. Search Long Beach real estate on www.cbamhomes.com today.