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571-575 Atlantic Ave
Oceanside, NY 11572
Commerce de détail Propriété À vendre
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Faits saillants de l'investissement
- Prime Atlantic Avenue location directly across from East Rockaway LIRR station
- Multi-tenant retail asset with 4 separate storefronts
- Value-add opportunity with two owner-occupied units offering immediate upside
- 38,000+ average annual daily traffic with excellent visibility
- Long-term leases in place through 2030, including a pre-negotiated renewal option
- Surrounded by national credit retailers including Lidl, PC Richard's, Wendy's, and Stop & Shop
Résumé de l'annonce
East Coast New York Inc. is proud to present a prime investment opportunity at 571-575 Atlantic Avenue, Oceanside, NY 11572. This ±2,795 SF single-story retail building sits on a combined ±0.11-acre site (3 tax lots) directly across from the East Rockaway LIRR station, commanding excellent visibility and over 38,000 vehicles in average daily traffic along Atlantic Avenue.
The property features 4 separate storefronts, including a long-term convenience store and restaurant/deli tenant, alongside two additional owner-occupied units. Two of the four units are secured by leases extending through 2030, with one tenant holding a pre-negotiated renewal option, while the remaining owner-occupied units offer a new owner immediate flexibility to lease at market rate or occupy directly.
The location benefits from a densely populated trade area, with over 25,700 residents and a median household income exceeding $122,000 within one mile, surrounded by national credit retailers including Lidl, PC Richard's, Wendy's, and Stop & Shop. Built in 1964 and situated in the heart of Oceanside's retail corridor, this asset represents a rare opportunity for investors seeking a well-located, multi-tenant retail property with built-in income stability and upside potential.
The property features 4 separate storefronts, including a long-term convenience store and restaurant/deli tenant, alongside two additional owner-occupied units. Two of the four units are secured by leases extending through 2030, with one tenant holding a pre-negotiated renewal option, while the remaining owner-occupied units offer a new owner immediate flexibility to lease at market rate or occupy directly.
The location benefits from a densely populated trade area, with over 25,700 residents and a median household income exceeding $122,000 within one mile, surrounded by national credit retailers including Lidl, PC Richard's, Wendy's, and Stop & Shop. Built in 1964 and situated in the heart of Oceanside's retail corridor, this asset represents a rare opportunity for investors seeking a well-located, multi-tenant retail property with built-in income stability and upside potential.
Faits sur la propriété
Type de vente
Investissement ou propriétaire utilisateur
Condition de vente
Option du bail
Type de propriété
Commerce de détail
Sous-type de propriété
Taille du bâtiment
2 795 pi²
Classe d’immeuble
C
Année de construction
1964
Prix
1 618 050 $ CAD
Prix par pi²
578,91 $ CAD
Taux de capitalisation
7,32%
Revenu net d’exploitation
118 475 $ CAD
Pourcentage loué
80%
Location
Multiples
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,56
Taille du lot
0,11 AC
Stationnement
7 places (2,5 places par 1 000 pi² loué)
Façade
83’ sur Atlantic Ave
Commodités
- Affichage
Impôts fonciers
| Numéros de lot | Évaluation des bâtiments | 3 571 $ CAD | |
| Évaluation du terrain | 1 466 $ CAD | Évaluation totale | 5 037 $ CAD |
Impôts fonciers
Numéros de lot
Évaluation du terrain
1 466 $ CAD
Évaluation des bâtiments
3 571 $ CAD
Évaluation totale
5 037 $ CAD
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