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433 Atlantic Ave 5 Unit Apartment Building $3,266,987 CAD ($653,397 CAD/Unit) Oceanside, NY 11572

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Executive Summary

Located in the heart of Oceanside, 433 and 437-439 Atlantic Avenue present a rare mixed-use investment and redevelopment opportunity. Situated on an expansive 0.47-acre lot, this unique property consists of three separate structures, including two two-family residential homes and a commercial warehouse/garage, offering multiple income streams and flexible use potential. Boasting over 150 feet of frontage along highly trafficked Atlantic Avenue, the site features four curb cuts and is prominently positioned on the corner of a signalized three-way intersection, providing exceptional visibility and accessibility. Surrounded by national retailers and established businesses, the location benefits from strong daily traffic counts and consistent consumer activity. The combination of residential and commercial components makes this property ideal for investors seeking stable rental income, while the size, frontage, and positioning also create a compelling opportunity for future redevelopment. Whether held as a cash-flowing asset or repositioned for a larger project, this offering stands out as a strategic addition to any portfolio in one of Long Island’s busiest commercial corridors.

Property Facts

Price	$3,266,987 CAD	Building Class	C
Price Per Unit	$653,397 CAD	Lot Size	0.47 AC
Sale Type	Investment	Building Size	1,776 SF
No. Units	5	No. Stories	1
Property Type	Multifamily	Year Built	1935
Property Subtype	Apartment General Retail Storefront Retail/Residential
Zoning	Business B - Indicates areas for neighborhood commercial uses like small retail stores and personal services, designed to meet the needs of nearby residential area

Price	$3,266,987 CAD
Price Per Unit	$653,397 CAD
Sale Type	Investment
No. Units	5
Property Type	Multifamily
Property Subtype	Apartment General Retail Storefront Retail/Residential
Building Class	C
Lot Size	0.47 AC
Building Size	1,776 SF
No. Stories	1
Year Built	1935
Zoning	Business B - Indicates areas for neighborhood commercial uses like small retail stores and personal services, designed to meet the needs of nearby residential area