North Village Realty Closes $7.74 Million 7-Eleven Acquisition in Oceanside
2962 Long Beach Road, Oceanside, NY
Closed August 2026 | Sale Price: $7,740,000 | Cap Rate: 4.39% | Buyer Representation
North Village Realty represented the buyer in the $7.74 million acquisition of a newly constructed 7-Eleven with gas at 2962 Long Beach Road in Oceanside, New York. The transaction closed in August 2026 at a 4.39% capitalization rate.
Tom Bigansky, Broker/Owner of North Village Realty, identified the opportunity and secured the property under contract during the early stages of construction, with no financing contingency. The acquisition illustrates the firm’s ability to source investment opportunities and guide a transaction from contract through closing.
Located on Long Island’s South Shore, the property combines a convenience store and fueling facility on a signalized corner along Long Beach Road. The transaction adds to North Village Realty’s record of commercial real estate sales across Nassau and Suffolk counties.
What this means for property owners:
Understanding how buyers evaluate location, income, lease structure, and risk is central to positioning a commercial property for sale. This acquisition demonstrates North Village Realty’s experience working directly with investment buyers and navigating their acquisition process.
North Village Realty specializes in seller representation across Long Island, with particular expertise on the South Shore. Tom works directly with owners to evaluate their properties, identify likely buyers, and guide the sale process.
Considering selling a commercial property? Reach out to our office to discuss your property and request a complimentary Broker Opinion of Value. Buyers seeking their next Long Island investment are also welcome to contact us.