Property summary
This exceptional mixed-use investment property, located at 957-965 Willis Avenue in Albertson, New York, presents a compelling redevelopment opportunity. Situated on a 0.23-acre lot, this property comprises two buildings totaling 5,020 square feet, with 4,000 square feet of net rentable space. The buildings, constructed in 1957 and renovated in 2000 and 2023, feature a combination of office and retail space, currently divided into four units. The property boasts an impressive 18-car parking… lot, a significant asset in this high-traffic area. The location is highly desirable, situated on the busy Willis Avenue thoroughfare at the corner of I.U. Willets Road, offering excellent visibility and accessibility. Close proximity to the Northern State Parkway and Long Island Expressway ensures convenient commuting for both tenants and customers. The property's strong financial performance is highlighted by a current NOI of $118,000 and a 5.91% cap rate. The substantial basement space, approximately 2,500 square feet, offers additional potential for expansion or creative repurposing. This property is priced at $1,998,000, representing a compelling price per square foot of $398.01. This is a rare opportunity to acquire a well-located, income-producing property with significant upside potential in a thriving Long Island community. The property is zoned for mixed-use development, allowing for a variety of potential uses and expansion opportunities.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 15 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Alternative use
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