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78-84 E Park Avenue

Long Beach, NY 11561
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Bed --

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Bath 0

Bath

Acres0.11

Acre(Lot)

Rarely does a trophy mixed-use asset of this caliber surface in Long Island’s most coveted coastal market - Long Beach. Presenting a fully gut-renovated 10-unit free market residential building paired with 4 ground-floor commercial storefronts and a dedicated laundry room for tenants— a combined 14 income-producing units in the heart of Long Beach, NY. The Property: Renovated in 2025 and finished with spa-caliber finishes throughout, this is not a cosmetic renovation — it is a complete reimagining. Residential units showcase high-end, turnkey interiors that command top-of-market rents, while the four street-level commercial spaces deliver diversified income and powerful pedestrian foot traffic. The Location is Irreplaceable: Situated just 3 blocks from the Atlantic Ocean, residents enjoy world-class beachfront lifestyle year-round. The building sits directly across from the Long Beach LIRR commuter rail station, placing Manhattan within easy reach — a combination of coastal living and transit convenience that drives perpetual, recession-resistant demand. Long Beach’s red-hot rental market, vibrant restaurant and retail scene, and continued influx of city-to-suburb migration make this one of the strongest fundamentals stories on all of Long Island. Free market status means no rent stabilization caps — full upside as the market grows. With 10 residential apartments and 4 commercial units, this asset delivers immediate cash flow across two income streams with long-term appreciation baked in. A fully renovated building means minimal near-term capital expenditure and a truly turnkey ownership experience from day one. Opportunities like this — gut renovated, free market, mixed-use, steps from the beach, across from transit — are extraordinarily scarce on Long Island. This is the kind of asset institutional investors and family offices compete fiercely for, and rarely find. Buy it. Hold it. Pass it down for generations.

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Detail Ic Property Details

Property Type : Residential Income

Price : $6,999,999

AD Id : 84936074

MLS Id : 1013682

Lot Size : 0.11 Acre

Year Built : 1920

County : Nassau

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Feature Features

  • Interior Features

    Open Floorplan
  • Heating & Cooling

    Has Heating: Yes Heating: Electric Has Cooling: Yes Cooling: Electric

  • Building Information

    Year Built: 1920 Building Area Total: 9200 Construction Materials: Brick Private Pool: No

  • Lot Information

    Lot Size Acres: 0.1148

  • Listing Price Information

    Listing Price: $6999999

  • Tax Information

    Parcel Number: 1000-59-097-00-0134-0 Annual Tax: $67149

  • Parking Information

    No Garage, None

  • School Information

    Elementary School: East Elementary School
    Junior High School: Long Beach Middle School
    Senior High School: Long Beach High School
  • Utility Information

    Natural Gas Available, Cable Available, Electricity Available, Sewer Available, Water Available
  • Location Information

    WaterSource: Public
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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 © 2026 OneKey MLS. All Rights Reserved

ByOwner last updated this listing 06/16/2026 @ 18:54

MLS: 1013682 LISTED BY: Jonathan Yunger, Douglas Elliman Real Estate 516-432-3400 SOURCE: OneKey MLS

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