Market Intelligence
Manhasset
Luxury Retail & High-End Commercial
Overview
Manhasset is home to the Americana — one of the nation's premier luxury shopping destinations featuring Hermès, Cartier, and Louis Vuitton. The Northern Boulevard commercial corridor commands the highest retail rents in Nassau County. This is institutional-grade commercial real estate serving the Gold Coast's ultra-affluent demographics.
Rozita's Take
Manhasset is the trophy market of Nassau County. Cap rates are the lowest because the risk is the lowest — the Americana drives foot traffic that benefits every commercial property on the corridor. Availability is extremely limited, and when something comes to market, institutional buyers compete aggressively. This is generational wealth real estate.
Market Data
Demographics
Ultra-affluent Gold Coast community. Highest commercial rents in Nassau County. Institutional buyers.
Major Employers & Tenants
Americana Manhasset luxury brands, North Shore Hospital, professional services
Key tenant types: Luxury brands, Americana Manhasset tenants
Zoning Information
High-end commercial along Northern Blvd. Strict architectural and signage controls.
Transportation Access
Manhasset LIRR — 30 min to Penn (fastest in Nassau). Northern Blvd, LIE, Northern State.
Commute to NYC: 30 min LIRR
Recent Transactions
| Address | Type | Price |
|---|---|---|
| 156 Plandome Road | Single Family | $4,200,000 |
