Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR SALE
    Auto shops

    3345 Long Beach Rd, Oceanside, NY 11572

    2,342 SF 0.31 ac lot Built 1952
    Entity Owned 26-yr Hold Free & Clear
    Property ID
    US63-0237605
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a thriving, established auto repair shop located at 3345 Long Beach Road, Oceanside, NY 11572. The property boasts a 2,400 square foot building situated on a substantial 13,504 square foot lot, offering ample space for operations and parking. Built in 1952, the single-story structure features a 14-foot ceiling height, one dock-high door, and is zoned for auto repair. The property includes four curb cuts and parking for 36 vehicles, ensuring convenient access and ample client parking. The shop is equipped with modern amenities including new LED lighting and three-phase power. An included inspection machine adds significant value, estimated at $50,000. The current annual revenue is approximately $900,000, significantly outperforming comparable businesses in the area. The property is available for owner-user occupancy starting November 1, 2024. Annual property taxes are $32,091. Owner financing is available with a 35% down payment and terms including 5% interest and a down payment between $400,000 and $500,000. This is a rare opportunity to acquire a high-performing business with significant growth potential in a desirable location. The property's prime location on Long Beach Road ensures excellent visibility and accessibility.

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Year built 1952
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 2,342 SF
    Lot 0.31 ac (13,416 SF)
    APN 43-357-00-0038
    UPID US63-0237605
    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
    • Olympic Service Station Auto Repair Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.58M
    Blend (final) Blend
    $1.36M
    Owner & transaction history
    Pnc Holding Corp · 26 yrs held
    Pnc Holding Corp
    since 2000
    2 recorded transactions
    2000
    $475,000
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Warehouse, storage $2.2M +34.2%
    Neighborhood: shopping center $2.1M +28.1%
    Office building $1.7M +3.0%
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message