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3206-3218 Long Beach Rd 6,060 SF 87% Leased Retail Building Oceanside, NY 11572 $8,999,640 CAD ($1,485.09 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. 100% occupied as of 6/10/26.
Financial Summary (Pro Forma - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$711,725
|
$117.45
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$711,725
|
$117.45
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$240,466
|
$39.68
|
| Net Operating Income |
$471,259
|
$77.77
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $711,725 |
| Annual Per SF | $117.45 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $711,725 |
| Annual Per SF | $117.45 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $240,466 |
| Annual Per SF | $39.68 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $471,259 |
| Annual Per SF | $77.77 |
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
6,060 SF
Building Class
C
Year Built
1976
Price
$8,999,640 CAD
Price Per SF
$1,485.09 CAD
Cap Rate
5.24%
NOI
$471,259 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
About 3206-3218 LONG BEACH RD , OCEANSIDE, NY 11572
Small shopping center of 10 units, 9,600 sq ft of retail space, and 31 parking spaces. 92% occupied as of 6/10/19.
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.
Moderately walkable
70/100
Very drivable
80/100
Some public transit
40/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 2089-43-336-00-0035-0 | Improvements Assessment | $7,573 CAD |
| Land Assessment | $5,236 CAD | Total Assessment | $12,809 CAD |
Property Taxes
Parcel Number
2089-43-336-00-0035-0
Land Assessment
$5,236 CAD
Improvements Assessment
$7,573 CAD
Total Assessment
$12,809 CAD
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3206-3218 Long Beach Rd
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