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For Sale
$4,000,000

163-175 Nassau Rd, Hempstead, NY 11575

Strip malls

Property Size3,085 SF
Price / SF$1,296
Days on Market113

Property Features for 163-175 Nassau Rd

General Information

Standard status Active
Size 3,085 SF
Total Parking Spaces 22
Property subtype Retail

Additional Details

Highway Access Yes

Amenities

Window/Wall Unit
3
22 Parking Spaces.

Building Details

Year Built 1949
Year Renovated 2016
Listing Agency: Developing Dreams Realty USA
Listed By: Mathew Klein
Source: Xome
Added: Apr 19 Changed: Aug 7 Last Checked: Aug 9 at 5:30AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Developing Dreams Realty USA

Investment Insights

Based on property information with market context.

Key Highlights

  • Short sale at 175 Nassau Road in Roosevelt
  • Renovated in 2016; year built 1949
  • Strip mall with existing occupancy and market rents in place on occupied units

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

829
Businesses Nearby
67k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 36% Shops & Services 34% Groceries 25% Electronics 5%
McDonald's Dining
23,995 visits/mo 0.2 miles
Western Beef Groceries
16,686 visits/mo 0.3 miles
7-Eleven Shops & Services
10,994 visits/mo 0.5 miles
Valero Energy Shops & Services
9,808 visits/mo 0.2 miles
Metro by T-Mobile Electronics
3,628 visits/mo 0.3 miles

Demographics for 11575, NY

18,048
Population
4,597
Households
3.9
Avg Household Size
35
Median Age
28%
College-Educated
86%
High-School Grad
1.8 sq mi
ZIP Area
10,027
Density / Sq Mi
$133,534
Median Household Income
$41,477
Median Earnings
$2,579
Median Rent
$457,100
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

Where is this strip mall located?
The property is located at 163-175 Nassau Rd Hempstead, NY.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: Short sale at 175 Nassau Road in Roosevelt; Renovated in 2016; year built 1949; Strip mall with existing occupancy and market rents in place on occupied units
More about this property
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