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Property profile & analytics
OFF-MARKET
Estimated value
$900,000
Retail space
3324 Long Bch Rd, Oceanside, NY 11572-5048
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US63-0949448
Property summary
AI-generated overview
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.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1923
Construction
FRAME
Total area
4,000 SF
Lot
0.14 ac (6,000 SF)
APN
43-338-00-0044
UPID
US63-0949448
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$620k
CAP Approach
CAP
$1.22M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$900k
Owner & transaction history
Peculiar Purpose LLC · 1 yrs held
Peculiar Purpose LLC
since 2025
Last sale
$900,000
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Oceanside submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oceanside submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$865,000
ML approach
$620,000
CAP Approach
CAP Return
Estimation
6%
$1,320,000
6.5%
$1,220,000
7%
$1,130,000
Blend value · Realmo final
$900k
Range $810k – $990k · ±10% · vs last sale $900k (Jan 30 2025)
Last sale anchor
$900k
Jan 30 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$225 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$48,530
Tax year 2023
Assessed value
$7,053
Assessed 2023
Previous assessed
$7,053
+0.0% YoY
Effective rate
688.08%
On assessed value
Assessed land
$1,620
Assessed improvement
$5,433
Total market value
$705,300
Applied tax rate
129.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1923
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Units
1
Total area
4,000 SF
Lot
0.14 ac (6,000 SF)
APN
43-338-00-0044
UPID
US63-0949448
Jurisdiction
NASSAU
Metro division
NASSAU-SUFFOLK, NY METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1923
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Peculiar Purpose LLC
Entity
Mailing address
4 TIMBER RDG DR, COMMACK, NY 11725-1740
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 30, 2025
$900,000
Peculiar Purpose LLC
Sohnni Management LLC
Bargain & Sale Deed
$450,000 · Sohni Management LLC
Aug 5, 2021
$435,000
Sohni Management LLC
Waukena Properties LLC
Bargain And Sale Deed
—
Jun 12, 2012
—
Waukena Properties LLC
Zangrillo,andrew & Eilleen B
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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