Property profile

3330 Long Beach Rd Oceanside, NY 11572

OFF-MARKET
Retail properties & Spaces
700 SF
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Property summary

AI-generated overview

This thriving bubble tea shop in Oceanside, NY, presents a fantastic investment opportunity. Located at 3330 Long Beach Road, this 700-square-foot retail space is part of a strip mall with convenient customer parking. The business boasts a strong track record as a family-run establishment, benefiting from a steady flow of customers both in-person and through an online ordering platform. The current lease is a 5+5-year agreement with a two-month security deposit. Monthly rent is $1,400, inclusive of maintenance and real estate taxes. The shop is fully equipped with modern equipment, including a new contactless ordering system, two smoothie makers, a snowflake ice machine, a tea machine, a mixer/shaker, an ice maker, electric tea kettle, two fryers, and a countertop range, along with a refrigerator, sugar dispenser, and hot water kettle. Operating hours are six days a week during the winter and seven days a week during the summer months, ensuring consistent revenue streams. This turnkey operation is ready for a new owner to step in and continue its success. The property is well-situated in a high-traffic area, offering excellent visibility and accessibility for customers. This is an exceptional chance to acquire a profitable, established business with significant growth potential.

Property profile

Verified
Property type Retail properties & Spaces
Total area 700 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gym & Fitness Center
  • Cafe & Coffee Shop Take-out & Catering

Location

3330 Long Beach Rd Oceanside, NY 11572
Oceanside metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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