163-175 Nassau Road Roosevelt, NY $ 4,000,000
163-175 Nassau Road
$ 4,000,000
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163-175 Nassau Road

Roosevelt, NY, 11575
$ 4,000,000
Bedrooms-- Baths-- Sq 3,085

Monthly Estimate*

$ 24,629

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Commercial Property for sale in Roosevelt, NY

for $4,000,000. This 3,085 square foot building was built in 1949 on a lot size of 0.1415.

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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Commercial Active

Price

$ 4,000,000

Property Type

Commercial

Taxes

$ 79,857

Style

Retail

Lot Size

0.1415

Year Built

1949

Town/City

Roosevelt

County/Region

Nassau

MLS | Web ID

988651

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Wall/Window Unit(s)
Utilities See Remarks
Construction Materials Brick
Year Built 1949
Property Subtype Retail
Tax Year 2024
Parcel Number 2089-55-413-00-0192/0191-0
Business Type Barber/Beauty Church Deli/Catering Retail
County Nassau County
Property Type Commercial Sale
City Hempstead
Property Attached Y/N Y
Tax Annual Amount 79857
Building Area Units Square Feet
Standard Status Active
Tax Assessed Value 4881
Tax Lot 191 & 192
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Exterior
Water Source Public
Total Parking 22
Parking Spaces 22
Building Area Total 3085
Waterfront Y/N N
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Interior
Basement (Y/N) N
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Internal Only
Street Number 1 163
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* Excluded Features
List By
Mathew Klein

Listing Agent

Developing Dreams Realty Usa

Broker

mathew@developingdream.com

Email

Affordability Calculator

$31,283
Per Month
79%
21%
0%
Monthly Principal & Interest
$24,629
Monthly Property Taxes
$6,655
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/22/2026$3,200,000 Listed Price

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163-175 Nassau Road, Roosevelt, NY, 11575 is a Commercial Property for sale at $4,000,000 with 3,085 sqft and a lot size of 0.1415. 163-175 Nassau Road was built in 1949. The property's zip code is 11575 which is in Roosevelt, NY