MLS#988651
STATUSActive
PROPERTY TYPECommercial - Retail
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.
Property Features
Property Type: Commercial - Retail
Cooling: Wall/Window Unit(s)
Heating: Forced Air
Lot Size: 0.14 Acres
Taxes: $79,857
Year Built: 1949
Feature Descriptions
Building Area Total: 3085
Business Type: Barber/Beauty, Church, Deli/Catering, Retail
Days on Site: 30
Exterior: Brick
On Market Date: 2026-04-22
Parcel Number: 2089-55-413-00-0192/0191-0
Parking Total: 22
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Utilities: See Remarks
Water: Public
Listed By / Shown By
Listing By
Agency Name: Developing Dreams Realty USA
Agency Phone: 833-537-3267
Shown By
Agent Name: Linda Kyan
Agent Phone: (212) 518-3080
Agency Title: Coldwell Banker American Homes
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163-175 Nassau Road | MLS# 988651
This commercial property located at 163-175 Nassau Road, Roosevelt, NY 11575 is currently listed for sale with an asking price of $3,200,000. Search Roosevelt real estate on lindakyan.cbamhomes.com today.