243 Nassau RdRoosevelt, NY 11575

Property Details for 243 Nassau Rd

Year built

1938

Construction

FRAME

Lot size

0.09 AC

Property size (Sq ft)

2,029 SF

Property type

Investment properties

Property subtype

Live-work space

APN

55-416-00-0036

APU

55416000036

Description

This exceptional 1,000-square-foot retail space, located at 243 Nassau Road in Roosevelt, New York, presents a fantastic opportunity for a variety of businesses. Situated in a high-traffic area of Nassau County, this single-tenant space is perfect for entrepreneurs seeking a vibrant location. The property is classified as a Class B building and is a single-story structure. Ideal uses include, but are not limited to, a hair salon, comic book store, or stationery store. The address is conveniently located at 243 Nassau Rd, Roosevelt, NY 11575. The property's prime location ensures high visibility and accessibility for customers. This is a single-tenant occupancy in a building with one story. The property type is retail, making it suitable for a wide range of businesses seeking a strong retail presence in a bustling community. This space offers a unique chance to establish or expand your business in a thriving area with excellent foot traffic. Don't miss this chance to secure a prominent location for your retail venture. The property is easily accessible and benefits from its strategic position on Nassau Road. This is a rare opportunity to lease a well-situated retail space in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $335,454

  6.5%

  $309,650

  7%

  $287,532

• Comparable approach

  Method

  Valuation

  Relative Method

  $265,109

  Geo Method

  $265,109

• Alternative Use

  Use

  Valuation

  Residential

  $383,966

  Hospitality

  $351,711

  Educational

  $292,619

  Medical

  $302,683

  Retail

  $455,186

Location Insight

City

Roosevelt

County

Nassau

State

New York

Latitude

40.6785

Longitude

-73.5895

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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