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Flex Space with Drive-In Loading
New
For Sale
$1,100,000

2425 Long Beach Rd, Oceanside, NY 11572

Two stories combine warehouse and commercial areas with dedicated office space and on-site parking.

Property Size4,740 SF
Price / SF$232.07
Days on Market2

Property Features for 2425 Long Beach Rd

General Information

Standard status Active
Size 4,740 SF
Property subtype Commercial

Additional Details

Utilities to Site Yes
Drive-In Doors 1

Taxes and HOA fees

Annual Taxes $24,400

Building Details

Building Size 4,740 SF
Year Built 1954
Buildings 1
Stories 2
Listing Agency: Real Broker NY LLC
Listed By: Gregory Zaurov
Source: Elliman
Added: Oct 9 Changed: Oct 10 Last Checked: Oct 10 at 2:33AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Broker NY LLC

Investment Insights

Based on property information with market context.

This two-story flex property contains approximately 4,740 square feet, with warehouse and commercial areas alongside dedicated office space. A drive-in garage door provides loading access, and on-site parking serves the building. Central air conditioning and forced-air heat are installed, with public water and sewer service. The building dates to 1954.

Located in Oceanside, the property has a Walk Score of 95, a Bike Score of 54 and a Transit Score of 53. Any contemplated use remains subject to applicable zoning and municipal approvals.

Key Highlights

  • Approximately 4,740 SF in a two‑story building
  • Warehouse and commercial areas with dedicated office space
  • Drive‑in garage door for loading access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$82,372
Cap Rate
7.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,647,440 $1.6M
Cap Rate 7%
$1,176,743 $1.2M
Cap Rate 9%
$915,244 $915.2K
Market Conditions
NOI Build-Up for 4,740 SF
Gross rent
$104.1K $21.96/SF
− Vacancy
−$7.2K −$1.52/SF
EGI
$96.9K $20.44/SF
− OpEx
−$14.5K −$3.07/SF
NOI
$82.4K $17.38/SF
Area
Nassau County, NY
Vacancy
6.90%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,647,440
Cap Rate 7%
$1,176,743
Cap Rate 9%
$915,244

Alternative Uses

Best Use
Warehouse
$1.18M
$1.03M – $1.37M (±1% cap)
NOI $82,372 @ 7.0% cap · market cap 7.49%
Second Best
Industrial
$969.1K
$848.0K – $1.13M (±1% cap)
NOI $67,836 @ 7.0% cap · market cap 6.17%
Theoretical Best
Specialty Retail
$3.13M
$2.74M – $3.66M (±1% cap)
NOI $219,379 @ 7.0% cap · market cap 19.94%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Daycare Center Mobile Phone Store Tattoo & Piercing Shop Florist (Bike/Boat/Book/etc) Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Drive-in doors
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,417
Businesses Nearby
Under-served
Demand for This Use

Demographics for 11572, NY

31,157
Population
10,811
Households
2.9
Avg Household Size
44
Median Age
48%
College-Educated
94%
High-School Grad
4.8 sq mi
ZIP Area
6,491
Density / Sq Mi
$144,419
Median Household Income
$61,627
Median Earnings
$2,118
Median Rent
$627,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
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Similar Off Market Nearby

  • Farmer Joel's — 177 Davison Ave, Oceanside, NY 11572
  • Lenox and Park Italian Bistro — 41 S Park Ave, Rockville Centre, NY 11570
  • Felico's Catering at Best Western Mill River manor — 173 Sunrise Hwy, Rockville Centre, NY 11570
  • Gramercy Ballroom — 173 Sunrise Hwy, Rockville Centre, NY 11570
  • Happy Busco’s Caterers — 234 Merrick Rd, Oceanside, NY 11572

Frequently Asked Questions

What type of property is this?
Flex space - Two stories combine warehouse and commercial areas with dedicated office space and on-site parking.
Where is this flex space located?
The property is located at 2425 Long Beach Rd Oceanside, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Approximately 4,740 SF in a two‑story building; Warehouse and commercial areas with dedicated office space; Drive‑in garage door for loading access
More about this property
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