3324 Long Beach RdOceanside, NY 11572

Property Details for 3324 Long Beach Rd

Year built

1923

Construction

FRAME

Lot size

0.14 AC

Property size (Sq ft)

4,000 SF

Property type

Retail properties

Property subtype

Retail space

APN

43-338-00-0044

APU

43338000044

Description

This exceptional mixed-use commercial property presents a lucrative investment opportunity in the thriving Oceanside, NY market. Situated on a prominent corner lot at the intersection of Long Beach Road and Waukena Avenue, this free-standing building boasts unparalleled street visibility, benefiting from over 31,000 vehicles passing daily. The substantial 10,240 square foot building sits on a 0.14-acre lot (approximately 6,000 square feet). Currently generating rental income, this property offers significant upside potential for savvy investors seeking to expand their portfolio or owner-occupants looking to grow their business. The upper level comprises twelve bedrooms and three bathrooms, adding to the property's versatility and income stream. The building's size and location make it ideal for a variety of uses. Detailed financial summaries and floor plans are available upon request to qualified buyers. This is a rare opportunity to acquire a high-performing asset in a prime commercial location. Don't miss out on this exceptional investment prospect. Schedule a viewing today.

• CAP approach

  CAP return

  Valuation

  6%

  $972,140

  6.5%

  $897,360

  7%

  $833,263

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,317,053

  Geo Method

  $1,317,053

• Alternative Use

  Use

  Valuation

  Residential

  $756,956

  Hospitality

  $693,368

  Educational

  $576,874

  Medical

  $596,714

  Retail

  $897,360

Location Insight

City

Oceanside

County

Nassau

State

New York

Latitude

40.6302

Longitude

-73.6413

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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