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257 W Park Ave 3,440 SF Vacant Retail Building Long Beach, NY 11561 $1,750,000 ($508.72/SF)
Investment Highlights
- Delivered vacant
- Close proximity to LIRR and Boardwalk
- Fully built out medical space suitable for urgent care, dental, and specialty practices
Executive Summary
The subject property is located at 257 West Park Avenue in Long Beach. Formerly occupied by Optum, the 3,440 SF building offers a turnkey, second-generation medical space delivered vacant, presenting an opportunity for investors or owner-users to acquire a fully built out medical facility.
Situated on West Park Avenue, Long Beach’s primary commercial corridor, the building benefits from strong pedestrian and vehicular traffic, dense population and ample municipal parking nearby.
The single-story building sits on a 4,000 SF lot with 40 feet of frontage, zoned Business A.
Situated on West Park Avenue, Long Beach’s primary commercial corridor, the building benefits from strong pedestrian and vehicular traffic, dense population and ample municipal parking nearby.
The single-story building sits on a 4,000 SF lot with 40 feet of frontage, zoned Business A.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$22,552
|
$5.78
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$22,552
|
$5.78
|
Financial Summary (Actual - 2025)
| Taxes | |
|---|---|
| Annual | $22,552 |
| Annual Per SF | $5.78 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $22,552 |
| Annual Per SF | $5.78 |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront
Building Size
3,440 SF
Building Class
C
Year Built/Renovated
1956/2013
Price
$1,750,000
Price Per SF
$508.72
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.86
Lot Size
0.09 AC
Opportunity Zone
Yes
Zoning
Business A
Frontage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Fully built out medical space All uses considered
| Space | Size | Space Use | Position | Available |
| 1st Floor | 3,400 SF | Medical | In-Line | Now |
1st Floor
| Size |
| 3,400 SF |
| Space Use |
| Medical |
| Position |
| In-Line |
| Available |
| Now |
1st Floor
| Size | 3,400 SF |
| Space Use | Medical |
| Position | In-Line |
| Available | Now |
Fully built out medical space All uses considered
Very walkable
80/100
Moderately drivable
70/100
Some public transit
50/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1000-59-058-00-0043-0 | Total Assessment | $6,251 (2026) |
| Land Assessment | $1,260 (2026) | Annual Taxes | $22,552 ($6.56/SF) |
| Improvements Assessment | $4,991 (2026) | Tax Year | 2025 |
Property Taxes
Parcel Number
1000-59-058-00-0043-0
Land Assessment
$1,260 (2026)
Improvements Assessment
$4,991 (2026)
Total Assessment
$6,251 (2026)
Annual Taxes
$22,552 ($6.56/SF)
Tax Year
2025
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