3324 Long Beach Rd Oceanside, NY 11572
- Retail space
- 4,000 SF
- 0.14 lot acres
Current Use by Public Records
- Retail space
Property Details for 3324 Long Beach Rd
- Year built
- 1923
- Construction
- FRAME
- Lot size
- 0.14 lot acres
- Property size
- 4,000 SF
- Property type
- 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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $865,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $955,000
- 6.5%
- $920,000
- 7%
- $980,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $900,000
- Geo Method
- $1,165,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,065,000
- Retail
- $865,000
- Mixed-Use
- $1,105,000
- Hospitality
- $990,000
- Educational
- $1,080,000
- Residential Income
- $1,020,000
- Energy
- $945,000
- Income-Based Land
- $1,020,000
- Food Service
- $1,000,000
Location Insight
- Map
- Local Demand
- City
- Oceanside
- County
- Nassau
- State
- New York
- Longitude
- -73.6413
- Latitude
- 40.6302
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA