The Gate at MANHASSET
Regional Market / Submarket: Long Island, Nassau County
Year Built, Renovated: 1955, 1992
Gross Leasable Area: 107,474 square feet
Population (5 miles): 298,310
Ave HH Income (5 miles): $140,293
Key Tenants: Crate & Barrel, Urban Outfitters, Lululemon, White House I Black Market, Madewell, Banana Republic, Athleta, Abercrombie & Fitch, The Gap, Sephora, Vineyard Vines, Peloton
The Gate at Manhasset is an open air, pedestrian oriented luxury shopping center located in Manhasset, on the North Shore of Long Island. The property is directly adjacent to The Americana Manhasset, which includes such notable luxury brands as Burberry, Hermes, Prada, Gucci, Coach, Giorgio Armani, Fendi, Dior, Cartier, Ferragamo, Louis Vuitton, Escada, Chanel and many others. Munsey Park Shopping Center, anchored by Whole Foods and Bed Bath and Beyond, is located directly across Northern Blvd. A new standalone Apple Store opened at the west end of the property.
Intimately connected with the customer and uniquely focused on the luxury merchant, The Gate at Manhasset is a distinguished destination, distinct from the regional congestion and retailer discord of middle-island malls. The Gate at Manhasset is Long Island’s premier destination for luxury shopping.
The property is presently going through a major re-merchandising and redevelopment. White House Black Market, Urban Outfitters, and The Gap, Athleta and Vineyard Vines all opened in the past two years.
About the Trade Area:
Positioned at the focal point of Manhasset’s prestigious Miracle Mile, The Gate at Manhasset is well-known as the destination for premium open-air shopping on Long Island. The property is conveniently located just 1.5 miles north of Interstate 495, at the corner of Northern Boulevard and Searingtown Road. The upscale surrounding area is densely developed with upscale commercial and residential uses. The prestigious Strathmore Country Club is just to the south of the property. In addition to state highways, Manhasset is served by Long Island Rail Road, which provides direct and convenient access to New York City. The property’s customer base spans the North Shore’s Gold Coast region, which is one of the most affluent areas on Long Island with average household incomes in excess of $150,000 per year.