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Property profile & analytics
OFF-MARKET
Retail space

2863 Long Bch Rd Oceanside, NY 11572-3126

815 SF 0.05 ac lot Built 1923
Individually Owned 9-yr Hold ~ Est. High Equity
Property ID
US63-3467148
Property summary
AI-generated overview

This exceptional 1,000 square foot retail space is situated on the ground floor of a two-story building at 2863 Long Beach Rd, Oceanside, NY 11572. Located on a prominent corner lot at the intersection of Long Beach Road and its cross street, this property benefits from high visibility and significant foot traffic. The building, constructed in 1923, offers a total of 4,890 square feet, with 1,000 square feet currently available for lease. The space is ideal for a variety of retail businesses, offering a flexible layout to accommodate diverse needs. While the building itself does not have dedicated parking, ample municipal parking is readily available in the surrounding area. Restroom facilities are conveniently located within the building. The property sits on a 0.05-acre lot and is part of a vibrant commercial district, ensuring a steady stream of potential customers. This is a rare opportunity to establish a business in a high-traffic, highly visible location in the thriving Oceanside community. The building has no elevators. The property is a single building with multiple tenants.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1923
Construction FRAME
Total area 815 SF
Lot 0.05 ac (2,040 SF)
APN 38-363-00-0222
UPID US63-3467148
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • The Vintage Living Home Decor Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Janak Thakur · 9 yrs held
Janak Thakur
since 2017
2 recorded transactions
2017
$1.3M
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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