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3206-3218 Long Beach Rd 6,060 SF 87% Leased Retail Building Oceanside, NY 11572 $8,481,250 CAD ($1,399.55 CAD/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 (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$676,770
|
$111.68
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$676,770
|
$111.68
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$232,214
|
$38.32
|
| Net Operating Income |
$444,556
|
$73.36
|
Financial Summary (Pro Forma - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $676,770 |
| Annual Per SF | $111.68 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $676,770 |
| Annual Per SF | $111.68 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $232,214 |
| Annual Per SF | $38.32 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $444,556 |
| Annual Per SF | $73.36 |
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
6,060 SF
Building Class
C
Year Built
1976
Price
$8,481,250 CAD
Price Per SF
$1,399.55 CAD
Cap Rate
5.24%
NOI
$444,556 CAD
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 | $7,480 CAD |
| Land Assessment | $5,172 CAD | Total Assessment | $12,653 CAD |
Property Taxes
Parcel Number
2089-43-336-00-0035-0
Land Assessment
$5,172 CAD
Improvements Assessment
$7,480 CAD
Total Assessment
$12,653 CAD
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3206-3218 Long Beach Rd
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