Oceanside, NY; Schuckman Realty is pleased to announce the sale of a single tenant 7-Eleven asset at 65 Atlantic Avenue, located in Oceanside, NY. 7-Eleven has been operating at this location since 2006.
The 3,000 square foot, free-standing building sits on a 16,901 square foot lot and is located on Atlantic Avenue at the crossroads of Long Beach Road and Lincoln Avenue. Matt Colantonio and Edward Gottlieb, CRX, CLS of Schuckman Realty’s Investment Sales team exclusively represented the seller, a long-term owner who originally signed the 7-Eleven lease. Mr. Colantonio and Mr. Gottlieb procured a local buyer, in-house, after receiving nine offers from both local and national retail investors. The sale closed on June 4th and sold for $1,510,000.
About Schuckman Realty Inc.: Schuckman Realty is a full service commercial real estate services firm serving New York City, Long Island, New Jersey, and the surrounding tri-state area. The Investment Sales team at Schuckman Realty Inc. brings vast and nuanced market knowledge, insight, and ingenuity to your portfolio from inception to completion. Schuckman Realty offers expertise in determining a property’s best use in terms of value gains to investors, extensive research and vetting process, access to qualified buyers and a proven sales & marketing team with a creative approach to maximize value.
Keywords: Investment Sales, Real Estate Sales, New York Real Estate, Long Island Real Estate Sales, Property Sale, Single-Tenant NNN Lease, 7-Eleven, Real Estate News, Schuckman Realty