359 Duffy AveHicksville, NY 11801

  • Auto shops
  • 3,040 SF

Property Details for 359 Duffy Ave

Year built
1946
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.87 AC
Property size (Sq ft)
3,040 SF
Property type
Auto shops
APN
11-00H-00-0451
APU
1100H000451

Description

This exceptional 19,120-square-foot industrial warehouse, situated on a 1.87-acre lot in Hicksville, NY, presents a compelling investment opportunity. Located at 359 Duffy Avenue, this property boasts a highly visible corner location at a four-way traffic-lit intersection, offering significant frontage on a heavily traveled roadway. The building, constructed in 1951 and zoned L1 (Light Industrial), features a 14-foot clear ceiling height, five dock-high doors, and approximately 1,912 square feet of office space. The property includes three curb cuts, a large fenced yard providing ample outdoor storage, and a 400 AMP electric service. Its strategic location offers easy access to major thoroughfares including the Wantagh Expressway, Northern State Parkway, and Route 106, placing it within a strong demographic area. Currently housing a well-established, turnkey auto body repair and towing business (operating for over 30 years), this property offers a unique combination of real estate and existing business potential. The property's size, location, and features make it ideal for a variety of industrial uses. The 11801 zip code and Nassau County location further enhance its appeal.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $738,826
    6.5%
    $681,993
    7%
    $633,280
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,000,960
    Geo Method
    $1,000,960
  • Alternative Use

    Use
    Valuation
    Residential
    $575,287
    Hospitality
    $526,960
    Educational
    $438,424
    Medical
    $453,502
    Retail
    $681,993

Location Insight

City
Hicksville
County
Nassau
State
New York
Latitude
40.7593
Longitude
-73.5469
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
$101,738
$16,291
$1,677
$17,968
-
-
-
$1,796,800

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