Log In/Sign Up
Your email has been sent.
3206-3218 Long Beach Rd 6,060 SF 87% Leased Retail Building Oceanside, NY 11572 $6,250,000 ($1,031.35/SF) 5.24% Cap Rate
Investment Highlights
- 92% occupied as of 6/10/19
Executive Summary
Small shopping center of 10 units, 9,600 sq ft of retail space, and 31 parking spaces. 92% occupied as of 6/10/19.
Financial Summary (Pro Forma - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$498,725
|
$82.30
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$498,725
|
$82.30
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$171,123
|
$28.24
|
| Net Operating Income |
$327,602
|
$54.06
|
Financial Summary (Pro Forma - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $498,725 |
| Annual Per SF | $82.30 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $498,725 |
| Annual Per SF | $82.30 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $171,123 |
| Annual Per SF | $28.24 |
| Net Operating Income | |
|---|---|
| Annual | $327,602 |
| Annual Per SF | $54.06 |
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
6,060 SF
Building Class
C
Year Built
1976
Price
$6,250,000
Price Per SF
$1,031.35
Cap Rate
5.24%
NOI
$327,602
Percent Leased
87%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.43
Lot Size
0.32 AC
Zoning
C - Commercial
Parking
19 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- 458 Myrtle Ave Co
- -
- 500 SF
- -
- -
- Cricket
- -
- 940 SF
- -
- -
- Jasmine Beauty Nail Salon Inc
- -
- 500 SF
- -
- -
- Marcy S Hair Salon
- -
- 500 SF
- -
- -
- Sws Services Inc
- -
- 500 SF
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| 458 Myrtle Ave Co | - | 500 SF | - | - | ||
| Cricket | - | 940 SF | - | - | ||
| Jasmine Beauty Nail Salon Inc | - | 500 SF | - | - | ||
| Marcy S Hair Salon | - | 500 SF | - | - | ||
| Sws Services Inc | - | 500 SF | - | - |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Inline, retail; former women's clothing store.
| Space | Size | Space Use | Position | Available |
| 3208 | 800 SF | Retail | In-Line | Now |
3208
| Size |
| 800 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
3208
| Size | 800 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Inline, retail; former women's clothing store.
Walk Score®
Very Walkable (84)
Nearby Major Retailers
Property Taxes
| Parcel Number | 2089-43-336-00-0035-0 | Improvements Assessment | $5,467 |
| Land Assessment | $3,780 | Total Assessment | $9,247 |
Property Taxes
Parcel Number
2089-43-336-00-0035-0
Land Assessment
$3,780
Improvements Assessment
$5,467
Total Assessment
$9,247
1 of 15
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
3206-3218 Long Beach Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.