310-312 Bay Walk - Storefront Retail/Residential FOR SALE


Ocean Beach, NY 11770
$4,490,000 USD
516-712-8899
310-312 Bay Walk, Ocean Beach, NY for Sale
$4,490,000 USD
Storefront Retail/Residential - FOR SALE
1/11
null | 7.12% Cap Rate

310-312 Bay Walk
Ocean Beach, NY 11770


OVERVIEW

This rare chance to acquire 310-312 Bay Walk is now available, offering over 10,000 square feet of prime commercial space in the heart of Ocean Beach. The property features two connected two-story buildings, linked by an upper deck. Building One, located on Bay Walk across from the bustling Village Green promenade, occupies one of the most frequented streets in Ocean Beach. The first floor (˜4500sf) is zoned for two restaurants, retail, and an ice cream shop. Building Two, situated on Cottage Walk, features a first floor (˜1500) permitted for retail. The second floor of both buildings spans ˜4000 sf with 23 bedrooms, 6 bathrooms, and laundry. 50% is available for sale for $575,000 plus the assumption of the debt giving the 13% cap rate.

FOR SALE DETAILS

PRICE

$4,490,000 USD

PRICE/SF

$434 USD /SF

CAP RATE

7.12%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1906

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

NULL

APN/PARCEL ID

0502-001-00-03-00-031-000

ASK ABOUT THIS PROPERTY

Samantha CanoraDouglas EllimanMore Info
516-712-8899

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Samantha CanoraDouglas EllimanMore Info
516-712-8899

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