Andrea Mahoney - Smitchger Realty Logo
$2,950,000
( $956.24Per Sq Foot )
 $15,836 est/mo Sourced by Back At You

163-175 Nassau Road,Roosevelt, NY 11575

Roosevelt, NY 11575

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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.

Details

MLS #988651
Listing TypeFor Sale
StyleRetail
Sub-TypeResale
StatusActive
Year1949
Days On Site187
Listing Provided ByDeveloping Dreams Realty USA | Mathew Klein

Features

SQ Feet3,085
Acreage0.14

Interior

CoolingWall/Window Unit(s)
HeatingForced Air

Exterior

Construction MaterialsBrick

Utilities

UtilitiesSee Remarks
SewerPublic Sewer

Taxes

Tax Year2024
Tax Assessed Value4881
Tax Annual Amount79857
Tax Lot191 & 192

Area Information

StateNY
CountyNassau County
CityRoosevelt
Zip Code11575
Listing VS Median (in 11575)
Price:
$2,950,000
low | high
Med:
$625,000
100% of Average
sqft:
3,085
low | high
Med:
1,304
100% of Average
$ / sqft:
$956
low | high
Med:
$486
99.152872341387% of Average
On site:
187
low | high
Med:
36.5
100% of Average
Sourced by Back At You

Market Activity 11575

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Learn More About This Property

Andrea Mahoney

Andrea Mahoney

Smitchger Realty

 (845) 554-4792andreamahoney920@gmail.com
StateNY
CountyNassau County
CityRoosevelt
Zip Code11575
Listing VS Median (in 11575)
Price:
$2,950,000
low | high
Med:
$625,000
100% of Average
sqft:
3,085
low | high
Med:
1,304
100% of Average
$ / sqft:
$956
low | high
Med:
$486
99.152872341387% of Average
On site:
187
low | high
Med:
36.5
100% of Average
Sourced by Back At You
Listing Updated: September 28, 2026 at 10:28:08 PM PDT

Andrea Mahoney - Smitchger Realty