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    20 W Centennial Ave Roosevelt, NY 11575
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    Property profile & analytics

    20 W Centennial Ave Roosevelt, NY 11575

    View on Map
    • Distribution centers
    • 9,000 SF
    • 0.60 lot acres
    For Sale
    $2,450,000
    View Listing →
    Main Road Exposure Warehouse For Sale
    $2,450,000
    13,500 SF

    Main Road Exposure Warehouse

    Warehouse with commercial tenants, main road exposure, and low taxes.

    20 W Centennial Ave, Roosevelt, NY
    View Listing
    Property ID
    US63-0272698
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Medford Plumbing Company / Hardware & Home Improvement / General Contractor
    • J Ramos Woodworking / General Contractor / Renovation Specialist

    Property Details for 20 W Centennial Ave

    Year built
    1956
    Lot size
    0.60 lot acres
    Property size
    9,000 SF
    Property type
    Distribution centers
    APN
    55-415-00-0273
    APU
    55415000273

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,470,000
      ML approach
      $1,485,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Roosevelt
    County
    Nassau
    State
    New York
    Longitude
    -73.5895
    Latitude
    40.6773
    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
    $32,812
    $5,233
    $3,167
    $8,400
    -
    $0.00
    $0.00
    $840,000

    Comparable in this City

    • Value Estimation by Request
      2,800 SF

      160 Babylon Tpke

      DISTRIBUTION WAREHOUSE • 2,800 SF
      160 Babylon Tpke, Roosevelt, NY 11575
      View Details
    • Value Estimation
      $900,000
      5,590 SF

      345 Babylon Tpke

      DISTRIBUTION WAREHOUSE • 5,590 SF
      345 Babylon Tpke, Roosevelt, NY 11575-2181
      View Details
    • Value Estimation
      $1,080,000
      4,992 SF

      303 Babylon Tpke

      DISTRIBUTION WAREHOUSE • 4,992 SF
      303 Babylon Tpke, Roosevelt, NY 11575-2157
      View Details
    • Value Estimation
      $740,000
      2,852 SF

      44 Centennial Ave

      DISTRIBUTION WAREHOUSE • 2,852 SF
      44 Centennial Ave, Roosevelt, NY 11575-2029
      View Details
    • Value Estimation
      $1,050,000
      3,774 SF

      40 Nassau Rd

      DISTRIBUTION WAREHOUSE • 3,774 SF
      40 Nassau Rd, Roosevelt, NY 11575-2005
      View Details
    • Value Estimation
      $2,250,000
      9,975 SF

      43 Debevoise Ave

      DISTRIBUTION WAREHOUSE • 9,975 SF
      43 Debevoise Ave, Roosevelt, NY 11575-1711
      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
    • $7,490,000
      16,000 SF

      Spacious Industrial Property Near Highways

      Updated industrial building with ample space and convenient highway access.
      300 Babylon Tpke, Roosevelt, NY 11575
      View Details

    Similar Nearby for Lease

    • $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
    • $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
    • 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
    View Listing
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    20 W Centennial Ave
    Roosevelt, NY 11575
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    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
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