20 Nassau BlvdGarden City, NY 11530

  • Retail space
  • 918 SF
For Sale
$985,000 View listing

Property Details for 20 Nassau Blvd

Year built
1925
Construction
FRAME
Lot size
0.04 AC
Property size (Sq ft)
918 SF
Property type
Retail space
APN
33-461-00-0175
APU
33461000175

Description

This exceptional mixed-use property at 20 Nassau Boulevard in Garden City, NY, presents a unique investment opportunity. The 1,000 square foot building sits on a 1,400 square foot lot and is offered at $985,000 ($985 per square foot). The property boasts a ground floor retail space, perfectly suited for a variety of businesses. Upstairs, a renovated three-bedroom apartment provides excellent rental income potential. Recent renovations are extensive and include a new roof with skylights, leaders, and gutters

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $223,106
    6.5%
    $205,944
    7%
    $191,234
  • Comparable approach

    Method
    Valuation
    Relative Method
    $302,264
    Geo Method
    $302,264
  • Alternative Use

    Use
    Valuation
    Residential
    $173,722
    Hospitality
    $159,128
    Educational
    $132,393
    Medical
    $136,946
    Retail
    $205,944

Location Insight

City
Garden City
County
Nassau
State
New York
Latitude
40.7169
Longitude
-73.6613
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$9,211
$474
$1,969
$2,443
-
-
-
$244,300

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