A retail development site at 3200 Long Beach Road, located between Weidner and Montgomery Avenues in Oceanside, Long Island, was sold in an all cash transaction valued at $1,075,000.
The property consists of a one-story retail building and a single-family house. The retail building is approximately 15,645 square feet and sits on a 26,000 square foot lot. The single-family house sits on a 5,000 square foot residential lot behind the retail building. There are 20 open air parking spaces. The property is highly visible on Long Beach Road and surrounded by national retailers. The sale price equates to $69 per square foot.
“Within just a few weeks of marketing, we had several all-cash offers which just shows that there is a great demand for this type of product,” said Massey Knakal Director of Sales Sales Lev Kimyagarov who exclusively handled this transaction.
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Neighborhoods: Nassau County