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    Property profile & analytics
    OFF-MARKET Estimated value $670,000
    Turn key restaurants

    3451 Long Bch Rd, Oceanside, NY 11572-5424

    3,500 SF 0.09 ac lot
    Entity Owned 14-yr Hold Free & Clear
    Property ID
    US63-5864633
    Property summary
    AI-generated overview

    This exceptional 4,616 square foot retail building, situated at 3451 Long Beach Road in Oceanside, NY, presents a remarkable investment opportunity for developers, restauranteurs, and end-users. Boasting excellent visibility and signage on a high-traffic thoroughfare with a daily count of 31,173 vehicles, this property offers unparalleled exposure. The building features a substantial bar area, ample outdoor seating and entertainment space, a convenient elevator, and a generous 58-space private parking lot. Accessibility is ensured with a ramp and accessible restrooms. Inside, high 30-foot ceilings create a dramatic atmosphere, complemented by all-new LED lighting and central air conditioning. Two strategically placed curb cuts enhance accessibility. Further enhancing the property's functionality are a sprinkler system and a balcony. The building can be delivered vacant, providing flexibility for an owner-user. Its prime location in the heart of Oceanside places it amongst a vibrant mix of national retailers including Amazon, Nike, T-Mobile, Costco, and many more. Annual property taxes are $63,719.43, representing the total annual expenses. This property's high traffic count, desirable location, and versatile features present significant upside potential for a savvy investor or business owner. Don't miss this chance to acquire a truly exceptional commercial property in a thriving market.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Total area 3,500 SF
    Lot 0.09 ac (4,000 SF)
    APN 43-189-00-0063
    UPID US63-5864633
    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
    • Fuji Restaurant
    • Ben's Crab Oceanside Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $670k
    Owner & transaction history
    Oceanside Pacific INC · 14 yrs held
    Oceanside Pacific INC
    since 2012
    4 recorded transactions
    2019
    2012
    $1.5M
    2007
    $2.2M
    2006
    $1.9M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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