For Sale
$50,000,000

3150-3170 Long Beach Rd Oceanside, NY 11572

Prime Oceanside Retail Property, High Income

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional investment opportunity presents a prime retail property located at 3150-3170 Long Beach Road, Oceanside, NY 11572, in Nassau County. The property consists of a single-story building encompassing 11,901 square feet situated on a substantial 22,974 square foot lot. Currently generating a significant annual rent roll of $392,239, this property offers a strong return on investment. Tenants are responsible for their own utilities, minimizing operational overhead for the owner. The property is classified as retail and land, making it suitable for a variety of uses and future development potential. The asking price for this exceptional retail investment is $50,000,000. This location in Oceanside, New York offers excellent visibility and accessibility, making it an attractive destination for businesses and shoppers alike. The substantial lot size also presents opportunities for expansion or redevelopment, further enhancing the property's long-term value. This is a rare opportunity to acquire a high-performing retail property in a desirable location with significant upside potential. The property's strong financial performance and prime location make it an ideal addition to any investment portfolio.

Highlights

  • Prime Oceanside, NY retail property at 3150-3170 Long Beach Road, Nassau County.
  • 11,901 SF single-story building on a 22,974 SF lot.
  • Strong annual rent roll of $392,239, with tenants paying their own utilities.
  • $50,000,000 asking price; classified as retail and land, offering redevelopment potential.
  • Excellent visibility and accessibility in a desirable Oceanside location.

Property Details for 3150-3170 Long Beach Rd

Property type
Retail properties, Land

Location Insight

City
Oceanside
County
Nassau
State
New York
Latitude
40.634836
Longitude
-73.6408814

FAQs

What type of property is this?
Retail property - Prime Oceanside Retail Property, High Income
Where is the retail property located?
The property is located at 3150-3170 Long Beach Rd Oceanside, NY.
What is the asking price?
The asking price for this property is $50,000,000.
What are key features of this property?
This property features: Prime Oceanside, NY retail property at 3150-3170 Long Beach Road, Nassau County.; 11,901 SF single-story building on a 22,974 SF lot.; Strong annual rent roll of $392,239, with tenants paying their own utilities.
How can I contact the broker?
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3150-3170 Long Beach Rd
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