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28338837
28338728

2 Locations

LB
NY NY 10301204630
Charles Rutenberg Realty Inc Plainview
Listed by Charles Rutenberg Realty Inc Plainview
$3,400,000
200 days on market
Updated 73 days ago

Former Historic Bank Building

Details
Property Type Office, Retail
Sub Type Bank, Executive Office (+1)
Square Footage 15,500
Occupancy 50%
Tenancy Multi
Price per SqFt $219
Class C

Historic Bank and Office Building

Marketing description

Former historic landmark bank and three-story office building located in the heart of the downtown Valley Stream business district. This prominent corner, mixed-use property sits along the main retail corridor, directly across from the Long Island Rail Road Valley Stream Station, offering exceptional visibility and immediate access to major transportation.

The property includes a private 10-car parking lot with additional access from E. Jamaica Avenue, as well as multiple municipal lots within short walking distance. Combined, the buildings total approximately 15,500 sq. ft., presenting an excellent value-add or redevelopment opportunity.

The former bank building features two floors of approximately 4,200 sq. ft. each, showcasing classic architectural character. It connects to 11 E. Hawthorne Avenue, a three-story elevator office building with three office floors of approximately 2,500 sq. ft. each. The office building is equipped with central air conditioning and gas heat, with a primary entrance on E. Hawthorne Avenue and a rear entrance accessible directly from the private parking lot.

Ideally positioned in central downtown Valley Stream, the property is located just under 5 miles from JFK International Airport, one block north of Sunrise Highway, and moments from major roadways. Its combination of history, location, and scale offers a rare opportunity for investors, developers, or owner-users seeking a signature asset in a thriving commercial area.

Investment highlights

Prime Downtown Valley Stream

Approx. 15,500sq ft mixed-use corner property with strong visibility.

Historic Building.

Private 10-car parking lot.

Excellent redevelopment or value-add opportunity

Minutes to JFK International and 45 Minutes to Manhattan.

Major Transportation Route Sunrise Highway 27, Major Long Island Rail Road Line. Minutes to All Major Roadways.

Listing Contacts

LB
NY NY 10301204630
Charles Rutenberg Realty Inc Plainview
Listed by Charles Rutenberg Realty Inc Plainview

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Additional Information

Name
Louisa Borriello
License
NY 10301204630
Brokerage
Charles Rutenberg Realty Inc.
Title
Associate Broker
Brokerage Address
255 Executive Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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