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42 Orchard Street, Manhasset, NY 11030
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$1,399,000
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Home Details for 42 Orchard Street
Price
$1,399,000
Type
Commercial/Industrial
Year Build
1926
County
Nassau
Tax
$26,280
MLS®️ Listing#
L3580253
On exitrealty.com
294 days
Property Description
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.
- Heating Information
- Natural Gas
- Baseboard
Listing Courtesy: LAFFEY REAL ESTATE - 516-627-4343. Presented by: Mary A. Rohan
The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2025 OneKey MLS. All Rights Reserved
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$1,399,000
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EXIT REALTY SIGNATURE
1515 Old Northern Blvd, Roslyn, NY 11576