Shopping Center Full Retail
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 Market98
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) 764-2601
Listed By:
Roger Hart · License #NC249783
(516) 764-2183
Source:
Moodyscre
Added: Jul 27
Changed: Oct 25
Last Checked: Nov 1 at 6:35AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
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
Estimated NOI and Cap Rate
NOI / Yr
$235,676
Cap Rate
4.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,713,520
$4.7M
Cap Rate 7%
$3,366,800
$3.4M
Cap Rate 9%
$2,618,622
$2.6M
Market Conditions
NOI Build-Up for 11,901 SF
Gross rent
$357.0K $30.00/SF
− Vacancy
−$20.4K −$1.71/SF
EGI
$336.7K $28.29/SF
− OpEx
−$101.0K −$8.49/SF
NOI
$235.7K $19.80/SF
Area
Nassau County, NY
Vacancy
5.70%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,713,520
Cap Rate 7%
$3,366,800
Cap Rate 9%
$2,618,622
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open 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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Oceanside Plaza — 3159 Long Beach Rd, Oceanside, NY 11572
- GREAT LINCOLN SHOPPING CENTER — 31-35 Atlantic Ave, 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
