Waterfront Movie Theater For Sale

$1,950,000

20 Tower Place, Roslyn, NY 11576

For Sale

Premium

Retail Free Standing

Active

Last Updated: 12/09/2024

Details:

Building Size: 6,026 sqft

Lot Area: 4,662 sqft

Year Built: 1923

Price Per Sqft: $324

Zoning: C-V (Village Commercial)

Tenancy: Single

Gross Leaseable Area: 6,026

Construction Status: Existing

Roof: Flat Rubber Membrane

Floor: 2

Investment Strategy: Value Add

Offered by

Clem Cote

Managing Principal

Sovereign Realty Group

#10491203246

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Highlights:

Waterfront Location with sensational views
Located within one of the wealthiest Villages on Long Island
Zoning code allows up to 3 stories and 35’ high
Potential redevelopment into: 2 story Retail Office over Retail; Apartments over Retail; Full Office; Full Multi-Family
Building has a ton of character that can be transformed

Description:

Vintage 2-story waterfront building with high interior ceiling heights of approximately 12 feet clear on both levels. Rooftop views overlooking Roslyn Harbor, Roslyn Pond, and the Roslyn Viaduct. Situated among Roslyn’s upscale shopping district with many upscale dining options on the waterfront. Roslyn is one of the wealthiest zip codes on Long Island with the median home value coming in just under $1,000,000. Building has a partial basement with an updated electrical service and is located on sewers. Current Zoning permits up to 3 stories and a total of 35' in building height.