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    Property profile & analytics
    OFF-MARKET Estimated value $16,380,000
    Retail properties & Spaces

    3601 Hempstead Tpke, Levittown, NY 11756-1315

    90,970 SF 2.67 ac lot Built 1985
    Entity Owned 27-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US63-4261366
    Property summary
    AI-generated overview

    This exceptional retail opportunity is located at 3601 Hempstead Turnpike in Levittown, NY, a thriving Nassau County community. The property, a five-story building totaling 95,450 square feet, offers multiple suites within a contemporary setting. Two spaces are currently available, ranging from 985 to 1,854 contiguous square feet. Built in 1970 and renovated in 2008, the building boasts a sleek glass exterior and ample parking. Conveniently located near major roadways including the Seaford-Oyster Bay Expressway, Wantagh State Parkway, Southern State Parkway, Jerusalem Avenue, and the Long Island Expressway (I-495), it provides easy access to other Long Island destinations, Queens, and New York City. The property is also within close proximity to public transportation and major medical facilities such as New Island Hospital and Nassau University Medical Center. Benefit from the high traffic volume generated by its adjacency to Crescent Plaza and Nassau Mall, a combined 500,000 square foot shopping center featuring popular retailers and restaurants including TGIF, Loews Theatre, Michaels, BJ's, Best Buy, Old Navy, and Kohl's. Building amenities include 110/240 three-phase power, elevators, and a newly renovated, brightly lit lobby. This is a unique opportunity to establish a presence in a high-demand retail location. The building features ample parking and 24/7 access.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Use group DEPARTMENT STORE
    Year built 1985
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 90,970 SF
    Lot 2.67 ac (116,436 SF)
    APN 46-00T-00-0090
    UPID US63-4261366
    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
    • Rocco & Rocco Attorney At Law Law Firm
    • Anthony F. Russo & Associates, P.C. Law Firm
    • Systems Management Group (Bike/Boat/Book/etc) Store Corporate Office
    • ESI Healthy Dentistry Dental Office
    • Fortune Wheel Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $16.38M
    Owner & transaction history
    Crescent Land Dev Assocs LLC
    Crescent Land Dev Assocs LLC
    1 recorded transaction
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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