Property profile

243 Nassau Rd Roosevelt, NY 11575

OFF-MARKET
Investment properties
Property ID
US63-0881554
2,029 SF 0.09 ac lot Built 1938
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1,000-square-foot retail space, located at 243 Nassau Road in Roosevelt, New York, presents a fantastic opportunity for a variety of businesses. Situated in a high-traffic area of Nassau County, this single-tenant space is perfect for entrepreneurs seeking a vibrant location. The property is classified as a Class B building and is a single-story structure. Ideal uses include, but are not limited to, a hair salon, comic book store, or stationery store. The address is conveniently located at 243 Nassau Rd, Roosevelt, NY 11575. The property's prime location ensures high visibility and accessibility for customers. This is a single-tenant occupancy in a building with one story. The property type is retail, making it suitable for a wide range of businesses seeking a strong retail presence in a bustling community. This space offers a unique chance to establish or expand your business in a thriving area with excellent foot traffic. Don't miss this chance to secure a prominent location for your retail venture. The property is easily accessible and benefits from its strategic position on Nassau Road. This is a rare opportunity to lease a well-situated retail space in a desirable location.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1938
Construction FRAME
Total area 2,029 SF
Lot 0.09 ac (4,074 SF)
APN 55-416-00-0036
UPID US63-0881554

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Bakery Specialty Food Shop
  • Bakery Specialty Food Shop
  • Restaurant

Location

243 Nassau Rd Roosevelt, NY 11575-1736
Roosevelt metro Census 413900 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$915k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.12M

Owner & transaction history

since 2022
Last sale
$1.2M
6 recorded transactions
2022
$1.2M
2004
$350,000
1992
$117,500
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Neighborhood: shopping center $1.8M +35.5%
Office building $1.4M +9.0%
Auto repair, garage $1.3M +1.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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