Water Front Luxury Realty

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$1,399,000
333 Days On Site

42 Orchard Street
Manhasset, NY 11030

For Sale|Retail|Active
0
Beds
0
Total Baths
2,780
SqFt
$503
/SqFt
1926
Built
County:
Nassau
Listing courtesy of LAFFEY REAL ESTATE mrohan@laffeyre.com

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42 Orchard Street42 Orchard Street42 Orchard Street42 Orchard Street
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Monthly Payment (Est.)

$6,383
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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.

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Listing Snapshot
Price 
$1,399,000
Days On Site 
333 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,780 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
8,114 Acres
Year Built 
1926
MLS® Number 
L3580253
Status 
Active
Property Tax 
$26,280
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 months agoStatus changed to Active
3 months agoListing updated with changes from the MLS®
11 months agoListing first seen on site
General Features
Cross Street 
Maple
Parking Spaces 
18
Property Sub Type 
Retail
Sewer 
Cesspool
SqFt Total 
2780
Interior Features
Heating 
Natural GasBaseboard
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Listing courtesy of LAFFEY REAL ESTATE mrohan@laffeyre.com


Based on information submitted to the MLS GRID as of 2025-08-19 02:12 AM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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