10-Store Shopping
For Sale
Contact for pricing
3220 Long Beach Rd, Oceanside, NY 11572
Retail center with front parking along Long Beach Road.
Property Size9,000 SF
Price / SF$672.22
Days on Market98
Property Features for 3220 Long Beach Rd
General Information
Standard status
Active
Size
9,000 SF
Property subtype
RETAIL
Additional Details
Road Access
Yes
Building Details
Tenancy
Multi
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 26
Last Checked: Nov 1 at 8:34AM
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.
Oceanside Plaza is a 9,000-square-foot shopping center comprising 10 stores. The property includes front parking and is positioned along Long Beach Road.
Located at 3220 Long Beach Rd in Oceanside, New York, the center offers a multi-store retail configuration with on-site parking serving the property.
Located at 3220 Long Beach Rd in Oceanside, New York, the center offers a multi-store retail configuration with on-site parking serving the property.
Key Highlights
- 10‑store shopping center
- 9,000 square feet of property size
- Front parking included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$178,227
Cap Rate
2.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,564,540
$3.6M
Cap Rate 7%
$2,546,100
$2.5M
Cap Rate 9%
$1,980,300
$2.0M
Market Conditions
NOI Build-Up for 9,000 SF
Gross rent
$270.0K $30.00/SF
− Vacancy
−$15.4K −$1.71/SF
EGI
$254.6K $28.29/SF
− OpEx
−$76.4K −$8.49/SF
NOI
$178.2K $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%
$3,564,540
Cap Rate 7%
$2,546,100
Cap Rate 9%
$1,980,300
Alternative Uses
Best Use
Retail
$2.55M
$2.23M – $2.97M
NOI $178,227 @ 7.0% cap · market cap 2.95%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$5.95M
$5.21M – $6.94M
NOI $416,543 @ 7.0% cap · market cap 6.89%
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
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,209
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Sands Shopping Center — 3563 Long Beach Rd, Oceanside, NY 11572
- 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 - Retail center with front parking along Long Beach Road.
Where is this shopping center located?
The property is located at 3220 Long Beach Rd Oceanside, NY.
What is the asking price?
The asking price for this property is $6,050,000.
What are key features of this property?
This property features: 10‑store shopping center; 9,000 square feet of property size; Front parking included
