Manhasset, NY 11030,42 Orchard ST

$1,399,000

Est. payment /mo

$1,399,000

Est.Price: ?

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42 Orchard ST Manhasset, NY 11030

SOLD DATE : 10/31/2025

Key Details

Sold Price $1,399,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

MLS Listing ID L3580253

Sold Date 10/31/25

HOA Y/N No

Rental Info No

Year Built 1926

Annual Tax Amount $26,280

Lot Dimensions 89x108

Property Sub-Type Retail

Source onekey2

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.

Location

State NY

County Nassau County

Interior

Heating Natural Gas, Baseboard

Fireplace No

Exterior

Total Parking Spaces 18

Private Pool No

Building

Sewer Cesspool

Others

Special Listing Condition None

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Listed by LAFFEY REAL ESTATE • Mary A. Rohan
Bought with Non-OneKey Office
Patricia Sassi

Patricia Sassi

Broker Associate | License ID: 30SA0943463

+1(845) 800-3937

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