Nassau County skyline

Market Intelligence

Nassau County CRE
Market Report

Real-time market data, cap rates, vacancy trends, and transaction history from The Rozita Soomekh Team. Updated with every new listing and closed deal.

6.4%
Avg Cap Rate
5.2%
Avg Vacancy
14
Active Listings
36 days
Avg Days on Market
$33.22M+
Transaction Volume

Market Pulse

What’s Happening Now

A snapshot of current market conditions across Nassau County's key commercial corridors.

Industrial Vacancy Near Zero

Syosset/Woodbury corridor vacancy is at 2.1% — the tightest in Nassau County. Warehouse and flex space demand from e-commerce and logistics continues to outpace supply.

Medical Office Outperforms

Healthcare tenants are the most reliable in CRE. Garden City and Roslyn medical office properties trade at 5.8-6.2% caps with 7-10 year lease terms. Near-zero vacancy.

Transit-Oriented Value-Add

Mineola and Westbury see cap rate compression near LIRR stations. Third Track improvements are driving institutional interest in office and mixed-use assets at 100-150 bps above nearby submarkets.

Pricing Data

Avg Asking Price Per SF

Current asking prices across Nassau County commercial property types.

Restaurant/Retail
594/SF
Mixed-Use
382/SF
Shopping Center
340/SF
Retail
215/SF
Medical Office
200/SF
Office
140/SF
Industrial/Flex
96/SF

Cap Rates

Avg Cap Rate by Area

Current capitalization rates across Nassau County's key submarkets.

Manhasset
5.2%
Great Neck
5.8%
Jericho Turnpike Corridor
5.9%
Garden City
6%
Roslyn
6.2%
New Hyde Park / Lake Success
6.3%
Mineola
6.5%
Oyster Bay / Hicksville
6.5%
Syosset / Woodbury
6.8%
Port Washington
7%
Westbury
7.2%
Five Towns / Hewlett
7.5%

Vacancy Trends

Vacancy Rate by Submarket

Lower vacancy = stronger tenant demand. Industrial and luxury retail lead the county.

IndustrialTight

Syosset / Woodbury

2.1%vacancy
Retail CorridorTight

Manhasset

2.8%vacancy
IndustrialTight

Oyster Bay / Hicksville

3%vacancy
Retail CorridorTight

Jericho Turnpike Corridor

3.5%vacancy
Retail CorridorModerate

Great Neck

4.2%vacancy
Retail CorridorModerate

Port Washington

5%vacancy
Office HubModerate

Garden City

5.8%vacancy
Office HubModerate

Roslyn

6%vacancy
Mixed-UseModerate

Westbury

6.5%vacancy
Mixed-UseElevated

Five Towns / Hewlett

7%vacancy
Office HubElevated

New Hyde Park / Lake Success

7.5%vacancy
Office HubElevated

Mineola

8.5%vacancy

Transaction History

Recent Closed Deals

Select transactions from Rozita's portfolio — demonstrating market activity and pricing.

PropertyTypeSale Price
400 Jericho Turnpike, Suite 200
Jericho
Retail Center$5,800,000
280 Old Country Road
Mineola
Office Building$3,200,000
150 Glen Cove Road
Great Neck
Shopping Center$7,200,000
55 Main Street
Westbury
Mixed-Use$1,650,000
600 Northern Boulevard
Roslyn
Medical Office$4,100,000
120 Express Drive
Syosset
Industrial/Flex$2,900,000

Work With Rozita

Get a Custom Market Analysis

Want a detailed market report tailored to your specific property or investment criteria? Rozita provides institutional-quality analysis for individual investors.

26
300+
4,000+
60
CallBook