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571-575 Atlantic Ave
Oceanside, NY 11572

$1,150,000 USD

Storefront For Sale  •  2,795 SF

Property Details

  • Property Type Storefront
  • Total Building Size 2,795 SF
  • Lot Size 0.11 AC
  • Building Class C
  • Year Built 1964
  • Cap Rate 7.32 %
  • Tenancy Multiple
60 Transit Score
70 Walk Score

Highlights

Prime Atlantic Avenue location directly across from East Rockaway LIRR station
38,000+ average annual daily traffic with excellent visibility
Multi-tenant retail asset with 4 separate storefronts
Long-term leases in place through 2030, including a pre-negotiated renewal option
Value-add opportunity with two owner-occupied units offering immediate upside
Surrounded by national credit retailers including Lidl, PC Richard's, Wendy's, and Stop & Shop

Property Flyers

Cap Rate: 7.32 %

Major Tenants

Tenant SF Occupied Lease End Date
Bagels Familia Deli Inc. (dba Great Deli)
Patel Smoke & Convenience Inc.

Amenities

  • Signage

Public Transportation

Commuter RailDriveWalkDistance
East Rockaway Station (Long Beach Branch - Long Island Rail Road) 1 min 2 min 0.1 mi
Oceanside Station (Long Beach Branch - Long Island Rail Road) 2 min 11 min 0.6 mi
Transit/SubwayDriveWalkDistance
East Rockaway Station (Long Beach Branch - Long Island Rail Road) 1 min 3 min 0.1 mi
Oceanside Station (Long Beach Branch - Long Island Rail Road) 2 min 11 min 0.6 mi
Centre Avenue Station (Long Beach Branch - Long Island Rail Road) 3 min 18 min 0.9 mi
AirportDriveWalkDistance
John F Kennedy International 18 min - 10.2 mi
LaGuardia 28 min - 17.2 mi
Newark Liberty International 55 min - 37.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 7
Type: Surface
Included in Rent: Yes
Eric Li 917-865-6537 East Coast New York
Eric Li 917-865-6537 East Coast New York