120 Park Avenue, Long Beach, NY, 11561
$4,900,000
$5,250,000
activeLot Size
10,000 sqft
Year Built
1962
Type
Commercial
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
Fully renovated, three-story Class B office building strategically located in the heart of Long Beach, New York, offers investors a unique opportunity to acquire a stabilized, modern office asset in one of Long Island’s most vibrant coastal cities. Its combination of stable tenancy, renovated infrastructure, strong commuter accessibility to the LIRR, and rare parking availability positions it as a premier offering in the Long Beach commercial market. The building is designed for flexible multi-tenant occupancy. The property combines modern aesthetics with superior functionality, providing a strong foundation for a range of professional uses, including office, medical, wellness, and boutique service operations. More than 50% of the building is occupied by a well-established Co-working/shared space operator. The ground-floor retail tenant is occupied by F45 fitness chain, which operates in over 67 countries. This is a co-list with Compass Commercial-The Polsinelli Team
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Listed by Carl M. Gambino, Compass Greater NY LLC
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