65 BroadwayHicksville, NY 11801

  • Banks
  • 870 SF
For Sale
$1,850,000 View listing

Property Details for 65 Broadway

Year built
1916
Construction
FRAME
Lot size
0.10 AC
Property size (Sq ft)
870 SF
Property type
Banks
APN
12-203-00-0017
APU
12203000017

Description

This exceptional three-story building, located at 65 Broadway in Hicksville, New York, presents a rare opportunity for ownership. The 4,544 square foot property is currently vacant and ready for immediate occupancy, making it ideal for an end-user. Its prime location offers unparalleled convenience, situated steps away from the Long Island Rail Road station, ensuring excellent accessibility for both employees and customers. The building's mixed-use zoning allows for a variety of commercial applications, including retail and office space. The asking price for this unique property is $1,850,000. This is a full building opportunity in a highly desirable Nassau County location, with the potential for significant return on investment. The building's 4,544 square feet are distributed across three floors, providing ample space for a variety of business needs. The zip code is 11801. This is a truly exceptional opportunity to acquire a prime commercial property in a thriving area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $211,440
    6.5%
    $195,176
    7%
    $181,235
  • Comparable approach

    Method
    Valuation
    Relative Method
    $286,459
    Geo Method
    $286,459
  • Alternative Use

    Use
    Valuation
    Residential
    $164,638
    Hospitality
    $150,808
    Educational
    $125,470
    Medical
    $129,785
    Retail
    $195,176

Location Insight

City
Hicksville
County
Nassau
State
New York
Latitude
40.768
Longitude
-73.524
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
2023
$62,937
$1,498
$8,117
$9,615
-
-
-
$961,500

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