Property profile

25 Nassau Blvd Garden City, NY 11530

OFF-MARKET
Investment properties
Property ID
US63-2511997
1,300 SF 0.04 ac lot Built 1938
Entity Owned 20-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Class A retail property at 25 Nassau Blvd, Garden City South, NY 11530, presents a unique investment opportunity. The 3,600 square foot building, constructed in 1954, sits on a 0.197-acre lot and boasts 100% occupancy with a current dry cleaning business. The single-story structure offers ample space for continued operation as a dry cleaner or allows for conversion to other retail uses, given its prime location and high visibility. The property includes 12 parking spaces, a significant advantage in this area. The asking price is $1,250,000, translating to $347.22 per square foot. The lease features a remaining term of 100 years, providing long-term stability and security for the investor. The seller is open to carrying a first mortgage, making this an attractive proposition for buyers seeking financing options. This is a rare chance to acquire a well-established, high-performing retail property in a desirable Nassau County location. The property's strong financials, combined with its versatile potential, make it an ideal investment for both seasoned and emerging real estate investors. Don't miss this opportunity to secure a piece of Garden City's thriving commercial landscape.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1938
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,300 SF
Lot 0.04 ac (1,820 SF)
APN 33-489-00-0290
UPID US63-2511997

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
  • Dental Office

Location

25 Nassau Blvd Garden City, NY 11530-5597
Garden City metro Census 406501 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$540k

Owner & transaction history

since 2005
2 recorded transactions
2005
$615,000
2000
Price N/A

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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