Property profile

3098 Long Beach Rd Oceanside, NY 11572

FOR LEASE
Investment properties
Property ID
US63-6218801
15,600 SF 1.24 ac lot Built 1999
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 15,500-square-foot retail space is available for lease at 3098 Long Beach Road in Oceanside, New York, within Nassau County. The property boasts a single-tenant occupancy, offering a significant opportunity for a business seeking a large, high-visibility location. The entire 15,500 square feet is currently vacant, providing a blank canvas for a prospective tenant to customize the space to their exact specifications. Ample parking is available with 75 spaces, ensuring convenient access for customers and employees. The property's prime location in Oceanside, NY, 11572, offers excellent visibility and accessibility, making it an ideal location for a variety of retail businesses. This is a single-tenant commercial property, perfect for a business seeking a substantial footprint in a thriving community. The property is classified as retail and is ready for immediate occupancy. The address is easily accessible and well-suited for high-traffic retail operations. This presents a unique opportunity to establish a strong presence in a desirable Nassau County market. Interested parties are encouraged to inquire for further details and leasing information. The property is zoned for commercial use.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1999
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 15,600 SF
Lot 1.24 ac (54,189 SF)
APN 43-376-00-0218
UPID US63-6218801

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
  • Party Supply Store (Bike/Boat/Book/etc) Store

Location

3098 Long Beach Rd Oceanside, NY 11572
Oceanside metro Census 413200 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$6.74M
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.92M
Blend (final) Blend
$6.46M

Owner & transaction history

since 2022
Last sale
$6.9M
6 recorded transactions
2022
$6.9M
2019
$7.1M
2007
$5.0M
1998
$760,000
1995
$1.1M
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Auto repair, garage $10.7M +5.8%

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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