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$ 3,200,000
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175 Nassau RD Roosevelt, NY 11575
6,163 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 988651
Rental Info No
Year Built 1949
Annual Tax Amount $28,882
Lot Size 6,163 Sqft
Acres 0.1415
Property Sub-Type Retail
Source onekey2
Property Description
Value-add short sale opportunity at 175 Nassau Road in Roosevelt. This strip mall offers strong income potential with existing occupancy and additional upside through lease optimization and operational improvements.
Market rents are in place on occupied units, with the opportunity to further enhance cash flow and stabilize the asset. The property was renovated in 2016 and features on-site parking with 22 spaces, providing convenience for tenants and customers.
Located in a high-demand area with strong rental activity, the property benefits from excellent accessibility — near the Southern State Parkway and Meadowbrook State Parkway, and just 1.4 miles from the Freeport LIRR station and Sunrise Highway.
An excellent opportunity for investors seeking a well-located retail asset with long-term growth potential.
Market rents are in place on occupied units, with the opportunity to further enhance cash flow and stabilize the asset. The property was renovated in 2016 and features on-site parking with 22 spaces, providing convenience for tenants and customers.
Located in a high-demand area with strong rental activity, the property benefits from excellent accessibility — near the Southern State Parkway and Meadowbrook State Parkway, and just 1.4 miles from the Freeport LIRR station and Sunrise Highway.
An excellent opportunity for investors seeking a well-located retail asset with long-term growth potential.
Location
State NY
County Nassau County
Interior
Heating Forced Air
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Utilities Available See Remarks
Total Parking Spaces 22
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Special Listing Condition Short Sale
Listed by Developing Dreams Realty USA • Mathew Klein
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3505 Veterans Memorial Hwy, Suite L, Ronkonkoma, NY, 11779, USA