Luxury Oceanfront Condominium Development Opportunity 500’ OF PRIME OCEAN FRONTAGE ALONG NEW YORK’S ICONIC LONG BEACH BOARDWALK

Execute CA

Executive Summary

Address

530 West Broadway
Long Beach, NY 11561

Development Summary

  • County Nassau
  • City Long Beach
  • Type Ocean Front Development Site
  • Cross Streets SW Corner of West Broadway & Washington Blvd
  • Section / Block / Lots 59 / 29 / 15-16, 37, 113
  • Lot Dimensions 150’ x 500’
  • Lot Area (SF) 75,000 SF
  • Beach Frontage 500’
  • Zoning “K” Multi-Family Residential
  • Potential Units 106
  • Potential Net Sellable SF 160,244 SF
  • Real Estate Taxes $295,000

The Offering

Bid Date Announced: Wednesday, March 13, 2024

Cushman & Wakefield has been retained on an exclusive basis to market for sale "The Shoreline". The subject property is the former home of an elementary school, presenting a prime 75,000 lot SF canvas, harmonizing with the boardwalk to offer uninterrupted views of the Atlantic. Commuting to Manhattan is a breeze, with the Long Island Railroad ensuring you reach the heart of the city in under 60 minutes. It’s not just a residence; it’s a proximate escape, an ideal alternative for both commuters and those seeking a beachfront haven.

"The Shoreline" stands as a testament to luxury, with proposed plans for two identical towers, housing a total of 106 residences spanning 160,244 net sellable square feet. Each unit, averaging over 1,500 square feet, is meticulously designed to offer outstanding views of the ocean, coastline, and the surrounding area. The development also includes 213 covered parking spaces and an abundance of amenity space, creating an unparalleled living experience.

This oceanfront haven has already completed Phase I Environmental, Geotechnical Investigation, and a comprehensive Market Feasibility Study. A 1,000+ page Final Environmental Impact Statement ensures a clear path and a streamlined timeline for future developers, making "The Shoreline" an irresistible opportunity.

Long Beach, with its pristine beach, vibrant boardwalk, and lively nightlife, has always been a sought-after destination. Now, The Shoreline adds a new dimension to this allure, providing a quiet and tranquil lifestyle just 45 minutes from Manhattan. Seize the unique opportunity to acquire a rare oceanfront development site in this desirable and easily accessible residential area.

For more information, please contact the exclusive brokers. 


Location Map

C&W Capital Markets

Brokerage Team

ANDREW BERRY

617 780 0939 andrew.berry@cushwake.com

DANIEL ABBONDANDOLO

Executive Director
631 425 1232 Dan.Abb@cushwake.com

JOEGY RAJU

Director
631 425 1216 Joegy.Raju@cushwake.com

CHARLIE GRAVINA

212 841 7580 charlie.gravina@cushwake.com

ROB CULLEN

Senior Associate
631 425 1286 Rob.Cullen@cushwake.com

JOE MUSSO

Associate
631 425 1236 Joe.Musso@cushwake.com

VICTOR LITTLE

Associate
631 425 1239 Victor.Little@cushwake.com