North Village Realty is pleased to announce that 2962 Long Beach Road, Oceanside, NY is fully under contract — secured with no financing contingency on behalf of our buyer. The asking price was $7.850M with a 4.4% cap rate.

The property is a brand-new construction 7-Eleven with gas, currently being built on a ±1.20-acre signalized corner parcel along one of Nassau County's most active retail corridors. Upon completion, the store will feature 16 fueling positions and a ±4,788 SF convenience store built to 7-Eleven's newest prototype design. The asset is structured as a 20-year corporate-guaranteed absolute NNN ground lease with 10% rental escalations every five years — offering the acquiring investor a completely passive, long-term income stream backed by one of the most recognizable investment-grade tenants in the net-lease sector.

What makes this transaction particularly notable is that North Village Realty put this asset under contract before the concrete was even poured — identifying the opportunity, aligning the right buyer, and executing a no-financing-contingent deal while the property was still in the early stages of development. Construction is actively underway with the store expected to open in the summer of 2026.

Long Beach Road serves as a primary connector between Oceanside, Island Park, and Rockville Centre — a densely populated South Shore corridor with over 457,000 residents within five miles and average household incomes exceeding $170,000. The immediate trade area is defined by the kind of daily-needs density that sustains long-term retail performance regardless of broader economic conditions. This is a location where people stop multiple times a week, not once a month — and that consistency is exactly what underwrites a 20-year net-lease investment with confidence.

This transaction is a direct reflection of what separates North Village Realty from the broader market — the ability to source opportunity early, bring the right capital to the table, and close decisively before others even know the deal exists.

A historic mixed-use property in Rockville Centre has a new owner. 

Atlantic Garden Realty Group, a Garden City-based family-run commercial real estate investment firm, purchased the three-story, 18,810-square-foot mixed-use building at 200-212 Sunrise Highway in Rockville Centre for $6.45 million.  

The fully occupied property has eight two-bedroom apartments totaling 6,840 square feet on two floors, six retail spaces totaling 6,258 square feet and 5,676 square feet of office space.  

Originally constructed nearly in 1935, the building earned the name “Manhattan Building” as part of an early marketing strategy by the original developer, who sought to attract residents and businesses relocating from Manhattan to the growing suburbs of Long Island, according to the broker on the deal. 

For Atlantic Garden Realty Group, which actively invests in commercial real estate throughout Long Island, the Rockville Centre acquisition reflects the firm’s strategy of acquiring well-located mixed-use properties with stable tenancy and long-term investment potential.  

“As a Long Island-based family investment group, we take great pride in acquiring properties that are deeply woven into the communities where we live and work,” said Robert Vona, a founding member of Atlantic Garden. “A building with the Manhattan Building’s history is exactly the kind of long-term, meaningful investment that defines who we are.”  

The buyer was self-represented and assisted with legal representation from Falcon Rappaport & Berkman LLP, while Tom Bigansky of North Village Realty represented the seller, 200 212 Sunrise LLC, in the sales transaction. 

“The Manhattan Building has long been a recognizable property within Rockville Centre’s Sunrise Highway corridor,” Bigansky told LIBN. “With its nearly century-long history and fully occupied tenancy, it represents the type of stable mixed-use asset that continues to attract long-term private capital. Atlantic Garden Realty Group recognized the value of owning a well-positioned property in one of Nassau County’s most established village markets, and this transaction reflects continued investor confidence in Rockville Centre’s commercial landscape.” 

Northwell Health has acquired a freestanding medical office building in Merrick for $9.5 million. The health system, the largest private employer in the state, bought the 17,700-square-foot property at the corner of Dobson Avenue and Sunrise Highway, adjacent to a residential neighborhood. The sale followed an off-market competitive bidding process.

A long-held retail property in Rockville Centre has sold for $3.125 million. 

Dime Holdings, a Nassau County-based commercial real estate investment group, purchased the 5,400-square-foot retail building on .29 acres at 313-323 Sunrise Highway.  

The property had been owned by the same family since 1925, according to a broker on the deal. The building is 90 percent vacant after the main tenant Ace Hardware closed last month. The other tenant, Fitness Showroom, remains in operation.  

The buyer plans a full-scale renovation including a new façade and upgraded retail units, aiming to reposition the property.  

The buyer was self-represented, while Tom Bigansky and Alex Sobel of North Village Realty represented the seller, Raven Family Real Estate, in the sales transaction.   

“This transaction underscores the continued strength of Nassau County’s retail market and the demand for well-located assets with real redevelopment potential,” Bigansky told LIBN. “After nearly 100 years under the same family’s ownership, we’re proud to be the brokers who facilitated this transition and helped bring new investment to such a visible Rockville Centre property. The plans for renovation will not only reposition the asset but will also deliver a meaningful improvement to the corridor and the surrounding community.” 

A long-held Valley Stream apartment property has sold for $5.75 million, changing hands for the first time since it was built in 1963. North Village Realty represented both buyer and seller in this rare multifamily transaction, with the purchaser planning a long-term hold.