Freestanding, 100% leased office building at 313 West Old Country Road, Hicksville. Approx. 10,284 SF: 5,142 SF of first-floor offices plus a 5,142 SF multi-use office basement, on a 14,364 SF lot with approx. 35 on-site parking spaces. Leased to three tenants; the two largest leases (approx. 92% of rent) are triple net, with tenants paying their share of real estate taxes, insurance and common area maintenance. Current annual rent approx. $303,480 with 3% annual increases, a 9.95% cap rate at the asking price. Anchor tenant leases two-thirds of the building through 3/2029 with a 5-year renewal option. Old Country Road frontage on a primary Long Island office and retail corridor, near the Hicksville LIRR station. Financial package available upon execution of a confidentiality agreement. Tenant occupied; 24-hour notice required for showings.
| MLS # | 1060453 |
|---|---|
| Listing Type | For Sale |
| Style | Office |
| Sub-Type | Resale |
| Status | Active |
| Year | 1963 |
| Days On Site | 26 |
| Listing Provided By | Yaos Realty LLC | Jianfeng Yao |
| SQ Feet | 10,284 |
|---|---|
| Basement | Y |
| Story(s) | 1 |
| Building(s) | 1 |
| Acreage | 0.33 |
| Cooling | Central Air |
|---|---|
| Heating | Hot Air |
| Construction Materials | Other |
|---|---|
| Foundation Details | Other |
| Parking Features | Off Street |
|---|
| Utilities | Electricity Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 17677 |
| Tax Annual Amount | 99388.35 |
| Tax Lot | 360 |
| State | NY |
|---|---|
| County | Nassau County |
| City | Hicksville |
| Zip Code | 11801 |
| Listing VS Median (in 11801) | |
Price: $3,050,000 low | high Med: $799,950 sqft: 10,284 low | high Med: 1,928 $ / sqft: $297 low | high Med: $421 On site: 26 low | high Med: 131 | |
| State | NY |
|---|---|
| County | Nassau County |
| City | Hicksville |
| Zip Code | 11801 |
| Listing VS Median (in 11801) | |
Price: $3,050,000 low | high Med: $799,950 sqft: 10,284 low | high Med: 1,928 $ / sqft: $297 low | high Med: $421 On site: 26 low | high Med: 131 | |