Freestanding Industrial
96 Nassau Road Roosevelt, NY 11575
Freestanding warehouse features an 14-foot roll-up door, dock loading, 18-foot ceilings, and a 1-ton crane.
Type:Commercial
Property size:
7,425 SFPrice / SF:
$202/SF- Added:
- Sep 25, 2025
- Days on Market:
- 289
- Last Refresh:
- Jul 10 at 2:14 am
Property Features for 96 Nassau Road
General Information
- Standard status
- Active
- Size
- 7,425 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1959
Listing office Douglas Elliman Comm of LI LLC (516) 353-6549
Listing date Sep 25, 2025
Source Cohenandcohenrealty
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 Douglas Elliman Comm of LI LLC
Investment Insights
Based on property information with market context.
The property is improved with a freestanding industrial warehouse building with one and part two-story space totaling 7,425± square feet of gross building area. The layout includes 1,800± square feet of second-floor mezzanine office and storage. Interior features include 18-foot ceilings, LED lighting, and two skylights providing natural light, along with a southern window exposure for additional daylight.
Operational support includes an exterior 14-foot roll-up door with a loading dock. Power is provided via 400 amp 240-volt three-phase electric service. The building also has a 1-ton crane with 10–14 feet heights and a 50-foot long crane span. Heating and cooling include three heating units and one A/C unit.
Additional vertical circulation and storage flexibility are provided through the second-floor mezzanine office and storage area, complementing the main warehouse clear height and overhead crane capabilities.
Operational support includes an exterior 14-foot roll-up door with a loading dock. Power is provided via 400 amp 240-volt three-phase electric service. The building also has a 1-ton crane with 10–14 feet heights and a 50-foot long crane span. Heating and cooling include three heating units and one A/C unit.
Additional vertical circulation and storage flexibility are provided through the second-floor mezzanine office and storage area, complementing the main warehouse clear height and overhead crane capabilities.
Key Highlights
- Freestanding industrial warehouse built in 1959 with 7,425± SF gross building area
- Includes 1,800± SF second‑floor mezzanine office and storage
- 14‑foot roll‑up door with dock loading; 18‑foot ceilings throughout
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $163.1k | $21.96 |
| − Vacancy | −$11.3k | −$1.52 |
| EGI | $151.8k | $20.44 |
| − OpEx | −$22.8k | −$3.07 |
| NOI | $129.0k | $17.38 |
7,425 SF · lease $21.96/SF/yr · vacancy 6.90% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.84M
$1.61M – $2.15M
NOI $129,032 @ 7.0% cap · market cap 8.60%
Second Best
Industrial
$1.52M
$1.33M – $1.77M
NOI $106,262 @ 7.0% cap · market cap 7.08%
Theoretical Best
Specialty Retail
$4.91M
$4.30M – $5.73M
NOI $343,648 @ 7.0% cap · market cap 22.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Center-Island Electric Corporation
General Contractor
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FAQs
What type of property is this?
Warehouse - Freestanding warehouse features an 14-foot roll-up door, dock loading, 18-foot ceilings, and a 1-ton crane.
Where is this warehouse located?
The property is located at 96 Nassau Road Roosevelt, NY.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Freestanding industrial warehouse built in 1959 with 7,425± SF gross building area; Includes 1,800± SF second‑floor mezzanine office and storage; 14‑foot roll‑up door with dock loading; 18‑foot ceilings throughout
