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    311 Woods Ave Oceanside, NY 11572

    Sponsored
    For Sale
    $2,300,000

    High-return, fully leased Class A office.

    Property size:
    8,374 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A creative office building at 311 Woods Ave, Oceanside, NY 11572, presents a unique investment opportunity. The 8,374 square foot property, built in 1920 and impeccably maintained, is currently 100% occupied with a multi-tenant lease structure. The asking price is $2,300,000, translating to a price per square foot of $274.66. This translates to a highly attractive 7.00% cap rate, promising strong investment returns. The building's current occupancy ensures immediate cash flow, with the lease expiring on August 20, 2024. Situated in Nassau County, this property offers a blend of historical charm and modern functionality, making it an ideal investment for discerning buyers seeking a stable, high-yield asset in a desirable location. The property's "Creative Office" designation suggests a flexible layout suitable for a variety of businesses. This is a rare opportunity to acquire a fully leased, high-performing asset in the thriving Oceanside market. The strong cap rate and 100% occupancy make this an exceptional investment opportunity with immediate returns.

    Property Features for 311 Woods Ave

    General Information

    Property type
    Office space
    Square Feet
    8,374 SF
    Class
    A

    Building Details

    Year Built
    1920

    HighLights

    • Class A creative office building, 8,374 square feet, located at 311 Woods Ave, Oceanside, NY 11572.
    • Asking price: $2,300,000 ($274.66/SF).
    • 7.00% cap rate.
    • 100% occupied with multi‑tenant lease expiring August 20, 2024.
    • Built in 1920, impeccably maintained.
    Property Profile Location Intelligence

    Current Use by Public Records

    DDC Technologies Inc Manufacturer

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oceanside
    County
    Nassau
    State
    New York
    Longitude
    -73.6418013
    Latitude
    40.6425405

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    FAQs

    What type of property is this?
    Office space - High-return, fully leased Class A office.
    Where is this office space located?
    The property is located at 311 Woods Ave Oceanside, NY.
    What is the asking price?
    The asking price for this property is $2,300,000.
    What are key features of this property?
    This property features: Class A creative office building, 8,374 square feet, located at 311 Woods Ave, Oceanside, NY 11572.; Asking price: $2,300,000 ($274.66/SF).; 7.00% cap rate.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    311 Woods Ave Oceanside, NY 11572
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