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    Property profile & analytics

    1162 Willis Ave, Unit 1188 Albertson, NY 11507-1229

    • Strip malls
    • 2,701 SF
    • 0.99 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US63-2596902
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Umami Sushi and Grill / Japanese Restaurant / Asian Restaurant

    Property Details for 1162 Willis Ave

    Year built
    1987
    Construction
    FRAME
    Lot size
    0.99 lot acres
    Property size
    2,701 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    07-318-00-0026
    APU
    7318000026

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Albertson
    County
    Nassau
    State
    New York
    Longitude
    -73.6498
    Latitude
    40.776
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $146,504
    $13,558
    $6,297
    $19,855
    -
    $0.00
    $0.00
    $1,985,500

    Comparable in this City

    • Value Estimation by Request
      28,237 SF

      361-393 Willis Ave

      SHOPPING CENTER, STRIP CENTER • 28,237 SF
      361-393 Willis Ave, Albertson, NY 11507
      View Details
    • Value Estimation by Request
      26,659 SF

      1000 Willis Ave

      SHOPPING CENTER, STRIP CENTER • 26,659 SF
      1000 Willis Ave, Albertson, NY 11507-1331
      View Details
    • Value Estimation by Request
      2,066 SF

      876 Willis Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,066 SF
      876 Willis Ave, Albertson, NY 11507-1931
      View Details
    • Value Estimation by Request
      3,000 SF

      1009 Willis Ave, Unit 1015

      RETAIL STORES (PERSONAL SERVICES) • 3,000 SF
      1009 Willis Ave, Albertson, NY 11507-1333
      View Details
    • Value Estimation by Request
      16,168 SF

      Iu Willets Rd

      FINANCIAL BUILDING • 16,168 SF
      Iu Willets Rd, Albertson, NY 11507
      View Details
    • Value Estimation by Request
      920 SF

      100 Albertson Pkwy

      VEHICLE SALES, RENTALS • 920 SF
      100 Albertson Pkwy, Albertson, NY 11507-1204
      View Details

    Similar Nearby for Lease

    • $40 SF/Yr
      2,660 SF

      Albertson Retail Space For Rent

      Retail space available for lease in Albertson, New York.
      1000-1050 Willis Ave, Albertson, NY 11507
      View Details
    • $900 /Mo
      1,500 SF

      Albertson Office Space For Rent

      Office space available with 24/7 access and ample on-site parking.
      1157 Willis Ave, Albertson, NY 11507
      View Details
    • $1,200 /Mo
      700 SF

      Professional Office Space For Rent

      Professional office space with parking and private entrance available.
      882 Willis Ave, Albertson, NY 11507
      View Details
    • $4,500 /Mo
      1,500 SF

      Albertson Office Space For Rent

      Office space with private entrance, utilities included, and ADA-accessibility.
      1125 Willis Ave, Albertson, NY 11507
      View Details
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    1162 Willis Ave, Unit 1188
    Albertson, NY 11507-1229
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    Realmo Value Estimation

    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.

    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.

    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
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