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Laffey Real Estate Logo Active Commercial Sale Retail

42 Orchard Street, Manhasset, New York, 11030, USA

USD $1,399,000
Reference ID:L3580253 Web ID:e4065
  • Center of town location

  • Free standing building

  • Approximately 20 car parking

  • Building size 2780 sq ft

  • NNN lease structure

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.
  • Transaction Type:Commercial Sale
  • Property Type:Retail
  • Status:Active
  • Area:2,780 sf
  • Year Built:1926
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Businesses Nearby

Kissaki Japanese Restaurant

(0.1 miles away)

Umberto's of Manhasset

(0.1 miles away)

Louie's

(0.1 miles away)

Gino's of Manhasset

(0.1 miles away)

Publicans

(0.2 miles away)

Herb&Olive

(0.2 miles away)

Villa Milano

(0.2 miles away)

Alessandro's Italian

(0.5 miles away)

Cafe Continental

(0.6 miles away)

Cipollini

(1 mile away)
Public Transportation

Manhasset

(0.2 miles away)

Plandome Rd / Northern

(0.4 miles away)

Northern Blvd at Macys

(0.7 miles away)

Northern Blvd & Maple St (oppMacys)

(0.7 miles away)

Northern Blvd + Community Dr

(0.8 miles away)

Plandome

(0.8 miles away)

Great Neck Sta / North

(2 miles away)

Great Neck

(2 miles away)
Airports

Manhasset

(0.2 miles away)

LaGuardia Airport

(9 miles away)

John F. Kennedy International Airport

(11 miles away)

Westchester County Airport

(19 miles away)

Teterboro Airport

(19 miles away)

Newark Liberty International Airport

(26 miles away)

Long Island MacArthur Airport

(31 miles away)

New York Stewart International Airport

(53 miles away)

Albany International Airport

(135 miles away)

Frederick Douglass Greater Rochester International Airport

(260 miles away)
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Property Highlights

  • Center of town location

  • Free standing building

  • Approximately 20 car parking

  • Building size 2780 sq ft

  • NNN lease structure