Building Details

Building Size 3,085 SF

Year Built 1949

Listing Agency: Developing Dreams Realty USA m***@developingdream.com Show Phone

Listed By: Mathew Klein Show Phone

Source: Evrealestate

Added: Apr 22 Changed: Aug 8 Last Checked: Aug 19 at 5:35AM

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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.

This for-sale restaurant property is located at 175 Nassau Road in Roosevelt, NY 11575, within Nassau County.

The available information identifies the asset as a conventional restaurant and restaurant-type commercial real estate offering.

Please contact the listing agent for additional details on the property’s layout, condition, and operating setup.

Key Highlights

• Restaurant property for sale in Nassau County, NY
• Heating: forced air
• Cooling: wall/window unit(s)

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).

NOI / Yr

$142,782

Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.

Cap Rate

4.46%

Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.

Cap Rate 5%

$2,855,640 $2.9M

Cap Rate 7%

$2,039,743 $2.0M

Cap Rate 9%

$1,586,467 $1.6M

Market Conditions

NOI Build-Up for 3,085 SF Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent. EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs. OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements. NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.

Gross rent

$203.6K $66.00/SF

− Vacancy

−$13.2K −$4.29/SF

EGI

$190.4K $61.71/SF

− OpEx

−$47.6K −$15.43/SF

NOI

$142.8K $46.28/SF

Area

Nassau County, NY

Vacancy

6.50%

Lease Rate

$66.00 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.

Cap Rate 5%

$2,855,640

Cap Rate 7%

$2,039,743

Cap Rate 9%

$1,586,467

Alternative Uses

Best Use

Specialty Retail

$2.04M

$1.78M – $2.38M (±1% cap)

NOI $142,782 @ 7.0% cap · market cap 4.46%

Second Best

—

—

no second resolved use

Theoretical Best

—

—

same as Best Use

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile

Current Use

Conventional restaurants

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.

Location Intelligence

Trade Area within ½ mile

829

Businesses Nearby

67k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

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

Questions? Ask Rey

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What type of property is this? Where is this conventional restaurants located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Restaurant property listed for sale in Nassau County, NY.

Where is this conventional restaurant located?

The property is located at 163-175 Nassau Road Roosevelt, NY.

What is the asking price?

The asking price for this property is $3,200,000.

What are key features of this property?

This property features: Restaurant property for sale in Nassau County, NY; Heating: forced air; Cooling: wall/window unit(s)