Freestanding Retail Strip in Roosevelt, NY
$4,300,000
163 Nassau Road, Roosevelt, NY 11575
For Sale
Retail
Strip Center
Active
Last Updated: 05/15/2025
7.03
Cap Rate
302,243
NOI
Details:
Cap Rate: 7.03%
NOI: $302,243
Building Size: 8,533 sqft
Lot Area: 20,473 sqft
Occupancy: 65%
Class: B
Lease Type: Modified Gross
Year Built: 1937
Price Per Sqft: $503.93
Zoning: Commercial
Tenancy: Multiple
Parking Spots: 22
Year Last Renovated: 2016
Investment Strategy: Opportunistic
Highlights:
- For Sale: Freestanding Retail Strip in Roosevelt, NY
- On-Site Parking with 22 Spaces
- Property was Renovated in 2016
- Close Proximity to the Southern State Pkwy, Meadowbrook State Pkwy, and the Heart of Roosevelt, NY
- Located 1.4 Miles From the Freeport LIRR Train Station & Sunrise Hwy
Description:
At this location is a freestanding retail strip center with several tenants. There is on-site parking available for customers and this property is located in a prime spot close to the heart of Roosevelt, NY.
Location
Gallery
