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Property profile & analytics
OFF-MARKET Estimated value $715,000
Investment properties

1358 Willis Ave 1860 Albertson, NY 11507-1228

3,660 SF 0.2 ac lot Built 1947
Entity Owned 21-yr Hold Free & Clear
Property ID
US63-3635207
Property summary
AI-generated overview

This exceptional retail property, located at 1358-1360 Willis Avenue in Albertson, New York, offers a flexible space ideal for a variety of businesses. Situated in Nassau County, with a convenient 11507 zip code, this location boasts high visibility and accessibility. The property encompasses a total area ranging from 1,200 to 1,400 square feet, providing ample room for a thriving enterprise. The space is currently configured for multiple tenants, presenting an opportunity for either a single large occupant or several smaller businesses to co-exist. Its versatile layout makes it suitable for a wide range of uses, including, but not limited to, beauty salons, delis, food take-out facilities, pharmacies, nail salons, and wellness centers. The property's prime location within Albertson ensures high foot traffic and excellent exposure to potential customers. This is a rare opportunity to secure a well-positioned retail space in a thriving community. The property is available for lease and offers a fantastic chance to establish or expand your business in a desirable area of Long Island. Interested parties should inquire for lease terms and conditions. The latitude and longitude coordinates are 40.774904 and -73.6497028 respectively.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1947
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,660 SF
Lot 0.2 ac (8,755 SF)
APN 07-197-00-0089
UPID US63-3635207
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • long island locksmith network Locksmith
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$775k
Comparable Approach Comparable
$470k
Blend (final) Blend
$715k
Owner & transaction history
Natnat Corp · 21 yrs held
Natnat Corp
since 2004
1 recorded transaction
2004
$1.6M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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