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20 W Park Ave, Long Beach, NY 11561

$4,300,000

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MLS#952385

STATUSActive PROPERTY TYPECommercial - Multiple

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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.

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 $4,300,000. Search Long Beach real estate on www.laffey.com today.

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: 139

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

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Greenvale, NY 11548

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20 W Park Ave, Long Beach, NY 11561

Property Description

20 W Park Ave | MLS# 952385

Property Features

Feature Descriptions

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20 W Park Ave, Long Beach, NY 11561

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