Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    425 Nassau Rd Roosevelt, NY 11575
    Property profile & analytics

    425 Nassau Rd Roosevelt, NY 11575

    View on Map
    • Retail properties & Spaces
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Turf Pros / Big Box & Wholesale Store / (Bike/Boat/Book/etc) Store

    Property Details for 425 Nassau Rd

    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    This exceptional retail property at 425 Nassau Road in Roosevelt, New York, presents a unique investment opportunity for both end-users and developers. Situated on a substantial 20,000 square foot lot, this property boasts an impressive 200 feet of frontage along the busy Nassau Road, ensuring high visibility and accessibility. Its strategic location is just a quarter-mile from Southern State Parkway exit 21, providing convenient access for customers and employees. The property is zoned for business use, allowing for a variety of commercial ventures, including convenience stores, quick-service restaurants (QSRs), and full-service restaurants. The ample lot size offers significant potential for expansion or redevelopment, making it an attractive proposition for those seeking to establish a thriving business or capitalize on the area's growth. The property's address is 425 Nassau Rd, Roosevelt, NY 11575, within Nassau County. This location offers significant potential for a variety of commercial uses, given its high visibility and convenient access to major transportation routes. The property's size and zoning make it a versatile option for various business models.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Roosevelt
    County
    Nassau
    State
    New York
    Longitude
    -73.5921
    Latitude
    40.6832

    Comparable in this City

    • Value Estimation
      $740,000
      1,378 SF

      336 Babylon Tpke

      CONVENIENCE STORE (W/FUEL PUMP) • 1,378 SF
      336 Babylon Tpke, Roosevelt, NY 11575-2149
      View Details
    • Value Estimation
      $1,070,000
      1,305 SF

      284 Centennial Ave

      CONVENIENCE STORE (W/FUEL PUMP) • 1,305 SF
      284 Centennial Ave, Roosevelt, NY 11575-1929
      View Details
    • Value Estimation by Request
      3,000 SF

      5 Nassau Rd

      CONVENIENCE STORE • 3,000 SF
      5 Nassau Rd, Roosevelt, NY 11575
      View Details
    • Value Estimation
      $1,795,000
      1,500 SF

      533 Nassau Rd

      CONVENIENCE STORE (W/FUEL PUMP) • 1,500 SF
      533 Nassau Rd, Roosevelt, NY 11575-1020
      View Details
    • Value Estimation by Request
      12,600 SF

      338-350 Nassau Rd

      Lifestyle centers • 12,600 SF
      338-350 Nassau Rd, Roosevelt, NY 11575
      View Details
    • Value Estimation by Request
      1,000 SF

      289 Nassau Rd

      RESTAURANT • 1,000 SF
      289 Nassau Rd, Roosevelt, NY 11575
      View Details

    Similar Nearby for Sale

    • $7,490,000
      0.94 Acres

      Roosevelt Industrial Property For Sale

      Industrial property with a large lot near major highways.
      300 Babylon Tpke, Roosevelt, NY 11575
      View Details
    • Contact for pricing
      13,500 SF

      Main Road Exposure Warehouse

      Warehouse with commercial tenants, main road exposure, and low taxes.
      20 W Centennial Ave, Roosevelt, NY 11575
      View Details
    • $5,000,000
      6,000 SF

      Prime Roosevelt Commercial Space

      6,000 SF Commercial Building - $5M
      180 Babylon Tpke, Roosevelt, NY 11575
      View Details

    Similar Nearby for Lease

    • $2,250 /Mo
      1,899 SF

      Turnkey Restaurant Space Available

      Fully equipped restaurant space for rent in Roosevelt, NY.
      319 Nassau Rd, Roosevelt, NY 11575
      View Details
    • $12 SF/Yr

      Spacious Roosevelt Apartment For Rent

      First-floor 3-bedroom, 1-bathroom apartment in Roosevelt, programs accepted.
      40 Harts Ave, Roosevelt, NY 11575
      View Details
    • Contact for pricing

      Commercial Land in Nassau County

      Neighborhood commercial land with high visibility and drive-thru option.
      27A Washington Pl, Roosevelt, NY 11575
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    425 Nassau Rd
    Roosevelt, NY 11575
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    425 Nassau Rd, Roosevelt, NY, 11575
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!