Calling All Investors, Developers & End-Users!!! 1+ Acre 5 Unit Development Site For Sale!!! The Property Features Great Exposure, Excellent Signage, 200 Amp, High 26' Ceilings, 15 Parking Spaces, 3 Br. House, Garage, 4 Greenhouses, Strategically Placed Curb Cuts, Strong Zoning, CAC, +++!!! The Property Is Located In The Heart Of Oceanside 1 Block Off Busy Atlantic Avenue!!! Neighbors Include Audi, Amazon, Nike, Costco, 7-Eleven, Dunkin, Walgreens, HomeGoods, Trader Joe's, IHOP, KFC, +++!!! According To The Owner An 84 Unit Assisted Living Facility Is Being Built Next Door To This Property. The Entire Property Can Be Delivered Vacant If Need Be. This Property Has HUGE Upside Potential!!! This Could Be Your Next Development Site / Home For Your Business!!! Income: Main 3 Br. House: 1,800 Sqft.: $48,000 Ann. (Available) 6,000 Sqft. Greenhouse: $84,000 Ann. (Available) (2) 5,000 Sqft. Greenhouses: $75,000 Each Ann. (Available) 2,000 Sqft. Greenhouse: $32,000 Ann. (Available) Pro Forma Gross Income: $314,000 Ann. Expenses: Maintenance & Repairs: $250 Ann. Insurance: $4,000 Ann. Taxes: $48,158.68 Ann. Total Expenses: $52,408.68 Ann. Net Operating Income (NOI): $261,591.32 Ann. (Pro Forma 10.06 Cap!!!)
Details
MLS#
3530000
Listing Type
For Sale
Style
Mixed Use
Sub-Type
Resale
Status
Active
Year
1970
Days On Site
247
Listing Provided By
All Island Estates Realty Corp | Richard Matt Shane
Features
Story(s)
1
Units
6
Zoning
Res Grnhse
Acreage
1.17
Market Activity 11572
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Sep 2024
Sales: 1
Avg $ Per SqFt: $
Min Sale Price: $2,500
Max Sale Price: $2,500
Med Sale Price: $2,500
Date: Aug 2024
Sales: 2
Avg $ Per SqFt: $135.93
Min Sale Price: $4,400
Max Sale Price: $568,250
Med Sale Price: $286,325
Date: Jul 2024
Sales: 5
Avg $ Per SqFt: $367.81
Min Sale Price: $2,000
Max Sale Price: $875,000
Med Sale Price: $670,000
Date: Jun 2024
Sales: 10
Avg $ Per SqFt: $329.37
Min Sale Price: $550,000
Max Sale Price: $900,000
Med Sale Price: $774,500
Date: May 2024
Sales: 10
Avg $ Per SqFt: $394.97
Min Sale Price: $640,000
Max Sale Price: $970,000
Med Sale Price: $762,250
Date: Apr 2024
Sales: 4
Avg $ Per SqFt: $454.63
Min Sale Price: $370,000
Max Sale Price: $1,135,200
Med Sale Price: $640,000
Date: Mar 2024
Sales: 1
Avg $ Per SqFt: $
Min Sale Price: $553,000
Max Sale Price: $553,000
Med Sale Price: $553,000
Date: Feb 2024
Sales: 2
Avg $ Per SqFt: $
Min Sale Price: $575,000
Max Sale Price: $925,000
Med Sale Price: $750,000
Date: Jan 2024
Sales: 4
Avg $ Per SqFt: $510.32
Min Sale Price: $2,000
Max Sale Price: $1,213,000
Med Sale Price: $722,500
Date: Dec 2023
Sales: 1
Avg $ Per SqFt: $
Min Sale Price: $4,500
Max Sale Price: $4,500
Med Sale Price: $4,500
Sourced by Back At You
Sep 2024
Sales:
1
Avg $ Per SqFt:
$
Min Sale Price:
$2,500
Max Sale Price:
$2,500
Med Sale Price:
$2,500
Aug 2024
Sales:
2
Avg $ Per SqFt:
$135.93
Min Sale Price:
$4,400
Max Sale Price:
$568,250
Med Sale Price:
$286,325
Jul 2024
Sales:
5
Avg $ Per SqFt:
$367.81
Min Sale Price:
$2,000
Max Sale Price:
$875,000
Med Sale Price:
$670,000
Jun 2024
Sales:
10
Avg $ Per SqFt:
$329.37
Min Sale Price:
$550,000
Max Sale Price:
$900,000
Med Sale Price:
$774,500
May 2024
Sales:
10
Avg $ Per SqFt:
$394.97
Min Sale Price:
$640,000
Max Sale Price:
$970,000
Med Sale Price:
$762,250
Apr 2024
Sales:
4
Avg $ Per SqFt:
$454.63
Min Sale Price:
$370,000
Max Sale Price:
$1,135,200
Med Sale Price:
$640,000
Mar 2024
Sales:
1
Avg $ Per SqFt:
$
Min Sale Price:
$553,000
Max Sale Price:
$553,000
Med Sale Price:
$553,000
Feb 2024
Sales:
2
Avg $ Per SqFt:
$
Min Sale Price:
$575,000
Max Sale Price:
$925,000
Med Sale Price:
$750,000
Jan 2024
Sales:
4
Avg $ Per SqFt:
$510.32
Min Sale Price:
$2,000
Max Sale Price:
$1,213,000
Med Sale Price:
$722,500
Dec 2023
Sales:
1
Avg $ Per SqFt:
$
Min Sale Price:
$4,500
Max Sale Price:
$4,500
Med Sale Price:
$4,500
MLS Number: 3530000
Richard Matt Shane – (516) 783-5600 – matthewshane8828@gmail.com
All Island Estates Realty Corp – (516) 783-5600 – judith@allislandestates.com
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the OneKey MLS.
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MLS Number: 3530000
Richard Matt Shane – (516) 783-5600 – matthewshane8828@gmail.com
All Island Estates Realty Corp – (516) 783-5600 – judith@allislandestates.com
