Shopping Center Full Retail
New
For Sale
Contact for pricing
3153-3199 Long Beach Rd, Oceanside, NY 11572
Full retail block with high visibility along Long Beach Road between Perkins Avenue and Weidner Avenue in Oceanside.
Property Size11,901 SF
Price / SF$470.55
Days on Market6
Property Features for 3153-3199 Long Beach Rd
General Information
Standard status
Active
Size
11,901 SF
Property subtype
RETAIL
Listing Agency:
Century 21 - Sherlock Homes | Rockville Centre
(516) 764-2183
Listed By:
Roger Hart
(516) 764-2183
Source:
Moodyscre
Added: Jul 27
Changed: Jul 30
Last Checked: Aug 1 at 10:29AM
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 Century 21 - Sherlock Homes | Rockville Centre
Investment Insights
Based on property information with market context.
This shopping center offers a full retail block at 3153-3199 Long Beach Rd, Oceanside, NY 11572, spanning 11,901 SF. The property is positioned for strong drive-by exposure with high visibility along Long Beach Road between Perkins Avenue and Weidner Avenue.
The location’s retail focus and prominent corridor presence make it a compelling option for tenants and operators seeking an established, street-facing retail environment within an active Oceanside area. The offering is for sale.
The location’s retail focus and prominent corridor presence make it a compelling option for tenants and operators seeking an established, street-facing retail environment within an active Oceanside area. The offering is for sale.
Key Highlights
- 11,901 SF full retail block shopping center
- High visibility along Long Beach Road
- Located between Perkins Avenue and Weidner Avenue
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $357.0k | $30.00 |
| − Vacancy | −$20.4k | −$1.71 |
| EGI | $336.7k | $28.29 |
| − OpEx | −$101.0k | −$8.49 |
| NOI | $235.7k | $19.80 |
11,901 SF · lease $30.00/SF/yr · vacancy 5.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$3.37M
$2.95M – $3.93M
NOI $235,676 @ 7.0% cap · market cap 4.21%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$7.87M
$6.89M – $9.18M
NOI $550,808 @ 7.0% cap · market cap 9.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,226
Businesses Nearby
Under-served
Demand for This Use
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
Questions? Ask Rey
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Similar Off Market Nearby
- GREAT LINCOLN SHOPPING CENTER — 31-35 Atlantic Ave, Oceanside, NY 11572
- Oceanside Plaza — 3159 Long Beach Rd, Oceanside, NY 11572
Frequently Asked Questions
What type of property is this?
Shopping center - Full retail block with high visibility along Long Beach Road between Perkins Avenue and Weidner Avenue in Oceanside.
Where is this shopping center located?
The property is located at 3153-3199 Long Beach Rd Oceanside, NY.
What is the asking price?
The asking price for this property is $5,600,000.
What are key features of this property?
This property features: 11,901 SF full retail block shopping center; High visibility along Long Beach Road; Located between Perkins Avenue and Weidner Avenue