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163-175 Nassau Rd 8,533 SF 100% Leased Retail Building Roosevelt, NY 11575 $3,500,000 ($410.17/SF)
Investment Highlights
- Heavy traffic
Executive Summary
Multi-tenant neighborhood retail strip center located on Nassau Road in Roosevelt, NY. The property consists of approximately 8,500 SF and is occupied by a mix of local service and retail tenants including food, personal care, daycare, and community-based uses.
This offering presents a value-add investment opportunity with potential to increase income through lease optimization and improved management. The property benefits from strong visibility, consistent local traffic, and on-site parking.
Ideal for investors seeking a stabilized asset with upside potential in a dense residential market.
Rent Roll available upon request. Buyer to perform own due diligence
This offering presents a value-add investment opportunity with potential to increase income through lease optimization and improved management. The property benefits from strong visibility, consistent local traffic, and on-site parking.
Ideal for investors seeking a stabilized asset with upside potential in a dense residential market.
Rent Roll available upon request. Buyer to perform own due diligence
Property Facts
Sale Type
Investment
Sale Condition
Short Sale
Property Type
Retail
Property Subtype
Building Size
8,533 SF
Building Class
B
Year Built/Renovated
1937/2016
Price
$3,500,000
Price Per SF
$410.17
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.42
Lot Size
0.47 AC
Zoning
C - Commercial
Parking
22 Spaces (4.26 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
Moderately walkable
70/100
Moderately drivable
60/100
Some public transit
40/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $3,372 | |
| Land Assessment | $9,623 | Total Assessment | $12,995 |
Property Taxes
Parcel Numbers
Land Assessment
$9,623
Improvements Assessment
$3,372
Total Assessment
$12,995
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163-175 Nassau Rd