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About the Listing LRE17 - 77334
Prime opportunity in the heart of Manhasset’s bustling village center. This free-standing retail/commercial building offers approximately 2,780 square feet of interior space and sits on a generous 8,114 sqft lot, complete with parking for up to 20 vehicles—a rare find in this location. Strategically situated just minutes from the Long Island Rail Road and major thoroughfares, this high-visibility property offers strong daily traffic and convenient accessibility. The building is currently leased under a Triple Net (NNN) structure, providing $62,400 in annual net operating income—ideal for investors seeking stable, passive income in a sought-after North Shore market. Zoned for commercial use, the structure features natural gas heating with baseboard delivery. The building is being sold as-is, with upside potential for repositioning, redevelopment, or continued use as a retail asset. With long-standing retail presence and exceptional positioning within a dense, affluent consumer base, this is an excellent long-term asset for investors or end-users alike.
Listing Highlights for 42 Orchard St
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating: Natural Gas,Baseboard
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Waterfront
- Garage Capacity: N/A
- Parking Spaces: 18
- Lot Dimensions: 89x108
- Roof:
- Others:
- Sewer: Cesspool
Financial Details
- Tax Amount: $26,280
- Taxes w/Assessments: N/A
- Tax/Property ID: 2289-03-067-00-0050-0
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Listing Location
Questions About..
42 Orchard St Manhasset, NY 11030
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