Listing Agency: SURMOUNT g***@nnnpro.com Show Phone

Listed By: Russell Wachtler · License #NY: 10401294048

Source: Crexi

Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 5:14PM

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Investment Insights

Based on property information with market context.

The property is a retail space identified as Party City, with 15,500 SF of area. It is offered for sale at 3098 Long Beach Rd in Oceanside, NY 11572.

The listing reflects a 6.15% CAP rate for this retail offering.

Key Highlights

• 15,500 SF retail space
• 6.15% CAP rate
• 3098 Long Beach Rd, Oceanside, NY 11572

Property Analytics

Property Profile

Current Use

Party City Party Supply Store

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Tech Support Center Hotel & Motel

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

Location Intelligence

Trade Area within ½ mile

1,303

Businesses Nearby

Explore this area Business Placement

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

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Retail offering located on Long Beach Road in Oceanside.

Where is this retail space located?

The property is located at 3098 Long Beach Rd Oceanside, NY.

What are key features of this property?

This property features: 15,500 SF retail space; 6.15% CAP rate; 3098 Long Beach Rd, Oceanside, NY 11572