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26752602
26752601

502 Old Country Rd, Garden City, NY 11530

CC
NY 10401386312
SURMOUNT
JV
NY NY 130VE0741265
SURMOUNT
RN
NY 10401294015
SURMOUNT
Listed by SURMOUNT
$11,250,000
307 days on market
Updated 18 days ago

Citibank & Vitamin Shoppe

Details
Property Type Mixed Use, Retail
Sub Type Bank, Storefront
Square Footage 7,000
Cap Rate 7.09%
NOI $797,700
Occupancy 100%
Tenancy Multi
Brand/Tenant Citibank & Vitamin Shoppe
Lease Type NN
Lease Term 15.9
Lease Expiration 12/30/2030
Remaining Term 4.5
Year Built 2006
Acreage 0.420
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 02/22/2015
Ownership Fee Simple

Mixed Use | 7.09% CAP | 7,000 SqFt

Marketing description

Surmount is pleased to present the exclusive listing for a Citibank & Vitamin Shoppe located at 502 Old Country Road, Garden City, NY 11530. The site consists of roughly 7,000 rentable square feet of building space on an estimated 0.42-acre parcel of land. The current annual NOI is $797,700. Please see the rent roll on page 5 for more information.

Investment highlights

Irreplaceable Hard Corner - 90,000+ Vehicles per Day

  • Highest visibility corner in Nassau County – full wraparound frontage

  • Daily traffic counts exceed 90,000 at the signalized intersection of Old Country Rd and Clinton Road

A+ Retail Area (Roosevelt Field Mall)

  • Outstanding retail density in the heart of the Roosevelt Field Mall area

  • Roosevelt Field Mall attracts over 22 million visitors annually and is the largest shopping mall on Long Island

Recent Lease Extensions

  • Both tenants have agreed to multiple lease extensions since inception – as recently as below:

    • May 2025 (Vitamin Shoppe)

    • Feb 2024 (Citibank)

Convenient Highway Accessibility

  • Located a quarter mile from the o ff-ramp/on-ramp to the Meadowbrook State Parkway which carries an additional 106,800 daily vehicles to and from the area

Listing Contacts

CC
NY 10401386312
SURMOUNT
JV
NY NY 130VE0741265
SURMOUNT
RN
NY 10401294015
SURMOUNT
Listed by SURMOUNT

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$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$797,700.00
$66,475.00/mo

Valuation Metrics

0
DSCR
7.09%
Cap Rate
7.09%
ROI

Map

Zoning

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C-1 CommercialNeighborhood CommercialCommercial Neighborhood Business
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Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
Glen Kunofsky
License
49KU1129178
Title
Broker of Record
Name
Connor Crovello
License
10401386312
Brokerage Address
275 Madison Avenue
Name
James Ventura
License
NY 130VE0741265
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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