Retail Block on Main
3155 Long Beach Road Oceanside, NY 11572
For Sale
Contact for pricing
Full retail block offered for sale on Long Beach Road between Perkins Avenue and Weidner Avenue.
Property Size11,901 SF
Price / SF$470.55
Days on Market101
Property Features for 3155 Long Beach Road
General Information
- Standard status
- Active
- Size
- 11,901 SF
- Property subtype
- Retail
Listing Agency:
CENTURY 21 Sherlock Homes
Listed By:
Roger Hart · License #NY
Source:
Crexi
Added: Apr 15
Changed: Jul 23
Last Checked: Jul 23 at 11:28AM
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
Investment Insights
Based on property information with market context.
The offering is a full retail block for sale on Long Beach Road, presented as a commercial storefront property. The seller notes high visibility along the frontage between Perkins Avenue and Weidner Avenue.
The property is located at 3155 Long Beach Road in Oceanside, NY 11572. The listing includes a stated rent roll of $431,894, and interested parties are instructed to email for financial information.
While additional building details are not provided in the public remarks, the asset is marketed as a complete retail block within the specified roadway corridor.
The property is located at 3155 Long Beach Road in Oceanside, NY 11572. The listing includes a stated rent roll of $431,894, and interested parties are instructed to email for financial information.
While additional building details are not provided in the public remarks, the asset is marketed as a complete retail block within the specified roadway corridor.
Key Highlights
- Full retail block for sale on Long Beach Road between Perkins Avenue and Weidner Avenue
- High visibility retail frontage on Long Beach Road between Perkins Avenue and Weidner Avenue
- Rent roll: $431,894
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Capri Nails & Spa
Nail Salon
Schmitt Air Conditioning
Hardware & Home Improvement
FAQs
What type of property is this?
Retail space - Full retail block offered for sale on Long Beach Road between Perkins Avenue and Weidner Avenue.
Where is this retail space located?
The property is located at 3155 Long Beach Road 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: Full retail block for sale on Long Beach Road between Perkins Avenue and Weidner Avenue; High visibility retail frontage on Long Beach Road between Perkins Avenue and Weidner Avenue; Rent roll: $431,894
