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385 Silver Ln
Oceanside, NY 11572

$2,599,999 USD

Food Processing For Sale  •  20,000 SF

Property Details

  • Property Type Food Processing
  • Total Building Size 20,000 SF
  • Lot Size 1.17 AC
  • Building Class C
  • Year Built 1970
  • Cap Rate 10.06 %
  • Tenancy Multiple
  • Zoning C
36 Transit Score
70 Walk Score

Highlights

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, +++!!!
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, +++!!!
This Property Has HUGE Upside Potential!!!
This Could Be Your Next Development Site / Home For Your Business!!!

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $261,592 USD (2024)
Cap Rate: 10.06 %
Total Expenses: $52,408 USD

Amenities

  • Bus Line
  • Commuter Rail
  • Fenced Lot
  • Yard
  • Storage Space

Public Transportation

Commuter RailDriveWalkDistance
East Rockaway Station (Long Beach Branch - Long Island Rail Road) 2 min 12 min 0.7 mi
Oceanside Station (Long Beach Branch - Long Island Rail Road) 2 min 15 min 0.8 mi
AirportDriveWalkDistance
John F Kennedy International 18 min - 10.8 mi
Laguardia 29 min - 17.7 mi
Newark Liberty International 55 min - 37.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 15
Type: SurfaceTandem
Included in Rent: Yes
Matthew Shane 516-279-8828 All Island Commercial
Matthew Shane 516-279-8828 All Island Commercial