163-175 Nassau Road, Roosevelt, NY 11575
- $3,200,000
- List Price
- $3,200,000
- Price Change
- ▼ $300,000 1784254531
- Days on Market
- 101
- MLS#
- 988651
- Status
- ACTIVE
- Lot Size
- 6165
Property Description
Value-add short sale opportunity at 175 Nassau Road in Roosevelt. This strip mall offers strong income potential with existing occupancy and additional upside through lease optimization and operational improvements. Market rents are in place on occupied units, with the opportunity to further enhance cash flow and stabilize the asset. The property was renovated in 2016 and features on-site parking with 22 spaces, providing convenience for tenants and customers. Located in a high-demand area with strong rental activity, the property benefits from excellent accessibility, near the Southern State Parkway and Meadowbrook State Parkway, and just 1.4 miles from the Freeport LIRR station and Sunrise Highway. An excellent opportunity for investors seeking a well-located retail asset with long-term growth potential.
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Additional Information
- Year Built
- 1949
- Total Taxes
- 79857
- Heating
- Forced Air
- Parking Spaces
- 22
- Water
- Public
- Sewer
- Public Sewer
- Taxes
- $79,857
Mortgage Calculator
Listing courtesy of Listing Agent: Mathew Klein (mathew@developingdream.com) from Listing Office: Developing Dreams Realty USA.
Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.