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Property profile & analytics
FOR LEASE
Super regional malls
900 Old Country Rd, Garden City, NY 11530
Entity Owned
16-yr Hold
Free & Clear
Property ID
US63-1167216
For Lease
1 / 32
$1,740,000
900 Old Country Rd, Garden City, NY 11530
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Property summary
AI-generated overview
This exceptional retail opportunity presents 8,838 square feet of space within a well-situated shopping center at 900 Old Country Road in Stewart Manor, NY, 11530. Located in Nassau County, this property offers two available suites, providing flexibility for various retail concepts. The minimum divisible space is 4,979 square feet, while the maximum contiguous space available is 3,859 square feet. Currently, the entire 8,838 square feet is vacant, presenting a unique chance to establish a significant presence in this thriving market. The property boasts ample parking with 1,328 spaces, ensuring convenient access for customers. The property is classified as a shopping center and is ideal for businesses seeking high visibility and accessibility. Its location on Old Country Road provides excellent exposure to a substantial volume of daily traffic. The property's address is 900 Old Country Road, Garden City, NY, 11530. This is a rare opportunity to secure a substantial retail space in a prime Nassau County location. The property is available for lease.
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
2011
Total area
129,972 SF
Lot
21.99 ac (957,754 SF)
APN
44-067-00-0026
UPID
US63-1167216
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
-
Levi's Outlet Store Women'S Clothing Store Clothing Store
-
Mitasu Ramen & Dumpling Restaurant
-
Poke Frisée Bar & Pub
-
J.Crew Factory Clothing Store Men'S Clothing Store
-
Pierre Cutlery And Supply Inc. Furniture & Home Goods
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.74M
Owner & transaction history
Equity One INC · 16 yrs held
Equity One INC
since 2009
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Garden City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Garden City submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$13 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,177
Tax year 2023
Assessed value
$974,886
Assessed 2023
Previous assessed
$974,886
+0.0% YoY
Effective rate
0.33%
On assessed value
Assessed land
$344,789
Assessed improvement
$630,097
Total market value
$97,488,600
Applied tax rate
252.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
For Lease
Year built
2011
Heating
NONE
Buildings
6
Total area
129,972 SF
Lot
21.99 ac (957,754 SF)
APN
44-067-00-0026
UPID
US63-1167216
Jurisdiction
NASSAU
Metro division
NASSAU-SUFFOLK, NY METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2011
Heating
NONE
Buildings
6
Lot
21.99 ac
Current owner
From public records · entity-resolved
Equity One INC
Entity
Free & Clear · 16 yrs held
Mailing address
410 PARK AVE STE #1220, NEW YORK, NY 10022-9461
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 24, 2009
$24,500,000
Equity One INC
Simon Property Group INC
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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