Mixed-Use Retail and Office
118-122 Hillside Avenue Williston Park, NY 11596
118-122 Hillside Avenue, Williston Park, NY, 11596
$1,800,000
For Sale
$1,800,000
COMMERCIAL - Williston Park, NY
Property Size5,580 SF
Lot Size0.15 Acres
Price / SF$322.58
Days on Market54
Property Features for 118-122 Hillside Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- Open, On Street
- Basement
- Walk-Out Access, Finished, Unfinished
- Standard status
- Active
- APN
- 2257-09-205-00-0266-0
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 45000
Utilities
- Sewer type
- Public Sewer
- Heating system
- Oil, Baseboard, Natural Gas, Forced Air
- Cooling system
- Wall/Window Unit(s), Window Unit(s), Central Air
- Water source
- Public
Building Details
- Year built
- 1950
- Floors in Building
- 1
- Number of units
- 3
- Flooring type
- Hardwood, Laminate, Combination
- Building materials
- Advanced Framing Technique
Listing Agency
BERKSHIRE HATHAWAY
(516) 741-3070
191 Hillside Ave, Williston Park, NY
Listed by
Catherine Lattuca
(516) 996-7581
Added: May 25 Checked: Jul 17 at 8:06 am
MLS# 1004674
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
118-122 Hillside Avenue is a mixed-use commercial building with approximately 5,580 square feet of versatile retail and office space. The layout includes multiple private offices, reception and conference areas, bathrooms, and three oversized storefront windows. Additional space includes a large unfinished basement for storage or expansion.
The property is located on Hillside Avenue in Williston Park, positioned for visibility along a heavily traveled main road with pedestrian traffic. The remarks indicate proximity to the LIRR and a surrounding mix of restaurants, boutique shopping, banks, and neighborhood services.
The space is configured to support a combination of storefront frontage and interior office use, with multiple half baths and dedicated office, storage, and workshop/showroom-style areas as referenced in the public remarks for the listed existing spaces.
The property is located on Hillside Avenue in Williston Park, positioned for visibility along a heavily traveled main road with pedestrian traffic. The remarks indicate proximity to the LIRR and a surrounding mix of restaurants, boutique shopping, banks, and neighborhood services.
The space is configured to support a combination of storefront frontage and interior office use, with multiple half baths and dedicated office, storage, and workshop/showroom-style areas as referenced in the public remarks for the listed existing spaces.
Key Highlights
- Approximately 5,580 SF mixed‑use retail/office space at 118‑122 Hillside Avenue
- 3 oversized storefront windows plus high ceilings, reception and conference areas
- Multiple private offices and bathrooms included
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $167.4k | $30.00 |
| − Vacancy | −$9.5k | −$1.71 |
| EGI | $157.9k | $28.29 |
| − OpEx | −$47.4k | −$8.49 |
| NOI | $110.5k | $19.80 |
5,580 SF · lease $30.00/SF/yr · vacancy 5.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.58M
$1.38M – $1.84M
NOI $110,501 @ 7.0% cap · market cap 6.14%
Second Best
Office B
$1.37M
$1.20M – $1.60M
NOI $95,950 @ 7.0% cap · market cap 5.33%
Theoretical Best
Specialty Retail
$3.69M
$3.23M – $4.30M
NOI $258,256 @ 7.0% cap · market cap 14.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Mixed-use building offering retail/office space with multiple private offices, reception areas, and storefront windows.
Where is this mixed-use property located?
The property is located at 118-122 Hillside Avenue Williston Park, NY.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Approximately 5,580 SF mixed‑use retail/office space at 118‑122 Hillside Avenue; 3 oversized storefront windows plus high ceilings, reception and conference areas; Multiple private offices and bathrooms included
