Overview

Highlights

• Beachfront location creates unmatched opportunity for a hospitality or residential conversion commanding premium rental rates
• Vacant possession allows fastest delivery to market for new product
• Existing building height, layout, and on-site parking translate well to residential and hospitality amenities

Description

Lee & Associates Ontario and NYC are pleased to present exclusively for sale 485 W Broadway located in Long Beach, New York (the "Property"). The Property features parking, an entrance, and mechanicals all on-grade. The second floor contains a commercial kitchen and amenity space, with the remainder of the building being dedicated to residential usage. Delivered vacant, the asset presents an investor the opportunity to convert the building to a full-service hospitality asset or residential use.

Location

Corner Frontage on West Broadway and Washington Boulevard.

Contact Broker