433 Atlantic Ave - Apartments FOR SALE


Oceanside, NY 11572
$2,390,000 USD
516-385-7725
433 Atlantic Ave, Oceanside, NY for Sale
$2,390,000 USD
Apartments - FOR SALE
1/27
null | Request Cap Rate

433 Atlantic Ave
Oceanside, NY 11572


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,390,000 USD

PRICE/SF

$1,346 USD /SF

# OF UNITS

5

PRICE/UNIT

$478,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1935

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,473 SF

ZONING

Business B

APN/PARCEL ID

2089-43-379-00-0048-0

ASK ABOUT THIS PROPERTY

Nicholas EvangelistaNY Space FindersMore Info
516-385-7725

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Nicholas EvangelistaNY Space FindersMore Info
516-385-7725

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.