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311 Woods Ave 8,374 SF Vacant Office Building Oceanside, NY 11572 $2,371,668 CAD ($283.22 CAD/SF) 8.11% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Unique mixed use investment property.
  • R&D space has 1 drive-in & storage.
  • Large office/r&d/residential unit.
  • Impeccably maintained and fully occupied.

EXECUTIVE SUMMARY

Rare opportunity to own a fully leased high-performing mixed-use building in prime Oceanside with an 8% cap rate and NOI of $137,817
Features 3 residential units and 2 commercial spaces generating strong diversified income
Offers value-add potential through rent increases or upgrades
Motivated seller priced to move
Ideal for 1031 exchange buyers or investors seeking stable cash flow and upside in a high-demand location

FINANCIAL SUMMARY (ACTUAL - 2023)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Taxes $75,046 $8.96
Operating Expenses - -
Total Expenses $75,046 $8.96

FINANCIAL SUMMARY (ACTUAL - 2023)

Taxes (CAD)
Annual $75,046
Annual Per SF $8.96
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $75,046
Annual Per SF $8.96

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
8,374 SF
Building Class
C
Year Built
1925
Price
$2,371,668 CAD
Price Per SF
$283.22 CAD
Cap Rate
8.11%
NOI
$192,382 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,187 SF
Slab To Slab
10’
Building FAR
1.07
Lot Size
0.18 AC
Parking
3 Spaces (0.36 Spaces per 1,000 SF Leased)

AMENITIES

  • Storage Space
  • Air Conditioning
Walk Score®
Very Walkable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 32892688

  • Date on Market: 2024-08-20

  • Last Updated:

  • Address: 311 Woods Ave, Oceanside, NY 11572

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