Active

63 Forest Avenue

Locust Valley NY, 11560

$3,950,000


Active

Commercial

Built in 1928

The iconic Locust Valley Bank Building, now available for sale. The subject property is the first and only "Class A+" product servicing the down town Locust Valley market space. A unique focus was placed on providing cutting edge technology, mechanicals combined with light- filled interiors all while maintaining the buildings classic exterior. Conveniently located only steps from the LIRR Locust Valley train platform and untimed municipal parking lot, no stone was left unturned in the meticulous renovation conducted in 2011. The property is prime for an investor / 1031 exchange buyer or owner user who can benefit from this turn-key, fully occupied, income producing asset. All property inspections must be made by appointment only. Executed NDA required for full offering memorandum

3493918

MLS ID

July 27, 2023

Listed

April 17, 2024

Updated

Map

63 Forest Avenue
Locust Valley NY, 11560

Interior Features

Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Other, Forced Air

Exterior/Building Features

Lot Size

0.34 Acres

Other Property Details

Taxes

$72,213


Tax Frequency

Annually


Garage

No


View

No


County

Nassau


Municipality

Oyster Bay


Pool

No

Listing History

Date

Event

Price

3/8/2024

Price Change

$3,950,000

-14%

Listed by Chris Pappas Lindsey D Barnett with Compass Greater NY LLC
Listing Contact: 516-427-2000 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Kristine Livadas shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2024 OneKey MLS. All rights reserved.    

Data last updated 3:42 AM UTC, 4/17/2024

  

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