Overview

  • Price $4,900,000
  • Building Size 17,870 SF
  • Property Type Office
  • Lot Size 10,000 SF
  • Year Built / Renovated 1962 / 2018
  • Cap Rate 7.14%
  • NOI $349,989
  • Location 120 W Park Ave, Long Beach, NY 11561
American Investment Properties is retained to sell the office building located at 120 W Park Ave, Long Beach. At this location is a multi-tenant fully-occupied office building with some on-site parking spaces. This property is located in the heart of Long Beach, surrounded by several other office and retail amenities as well as within walking distance to the Long Beach LIRR train station.

For Sale: Office Building in Long Beach, NY – Fully-Leased

2 Stories Plus a Lower-Level with Elevator

18 On-Site Parking Spaces Plus Surrounding Municipal Parking

Stable Tenants with Below Market Rents
Floor Plans Allow for Multi-Tenant Use – Suites Can be Used for Office, Therapy, Medical, or Spa-Style

Recent Improvements: New Storefront Windows, Refreshed Exterior, and Updated Building Systems (All HVAC replaced within the last 12 months)

Located in the Heart of Long Beach – Direct Access to the Long Beach LIRR Train Station

Broker

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