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    Property profile & analytics
    OFF-MARKET Estimated value $1,095,000
    Investment properties

    243 Nassau Rd, Roosevelt, NY 11575-1736

    2,029 SF 0.09 ac lot Built 1938
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US63-0881554
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Herbalife Luis Guallpa Restaurant
    • Emmanuel’s Bakery & Deli Bakery Specialty Food Shop
    • Elvira Bakery & Deli Bakery Specialty Food Shop
    • Miguel Deli Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $915k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.10M
    Owner & transaction history
    Nassau 241 LLC · 4 yrs held
    Nassau 241 LLC
    since 2022
    Last sale
    $1.2M
    6 recorded transactions
    2022
    $1.2M
    2004
    $350,000
    1992
    $117,500
    1969
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Neighborhood: shopping center $1.8M +35.5%
    Office building $1.4M +9.0%
    Auto repair, garage $1.3M +1.5%
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