Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    501 S Broadway Hicksville, NY 11801

    Sponsored
    For Lease
    $1,925 /Mo ($1.13 SF/Yr)

    COMMERCIAL - Hicksville, NY

    Type:Office
    Lot size:
    0.47 Acres
    Days on Market:
    4
    Last Refresh:
    Feb 20 at 2:06 pm

    Property Features for 501 S Broadway

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Standard status
    Active
    APN
    2489-46-193-00-0030-0
    Parking
    20
    Lot size
    0.47 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Ductless
    Water source
    Public

    Building Details

    Year built
    1958
    Floors in Building
    1
    Building materials
    Block

    We can help!

    Listing Contact
    Jignesh Shah CBR

    Ciampa Realty Group,LLC (516) 551-4010

    Listing agent Jignesh Shah CBR (516) 690-1188

    Listing date Feb 17, 2026

    MLS# 926413

    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.

    Learn more

    Property Insight Report

    Overview

    Hicksville Office Space For Rent

    This brand new office space is ideally located in the heart of Hicksville, New York. The property is professionally managed and suitable for a medical office, business office, or other business. The lot size is 0.4706 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mrs. Lynn Goldstein Foster Care Service Amiga Infotech Employment Agency Dr. Chris Wilkinson Physician Mill Neck Day ... Social Service Agency

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hicksville
    County
    Nassau
    State
    New York
    Longitude
    -73.50948
    Latitude
    40.756243

    Nearby Similar for Lease

    • Sponsored
      New
      Contact for pricing

      Hicksville

      Flexible workspace in Hamilton Avenue
      100 Duffy Ave, Hicksville, NY 11801
      View Details
    • $3,666 /Mo
      1,100 SF

      Plainview Office Suite For Rent

      1,100 sqft office suite suitable for medical or professional use.
      1097 Old Country Rd, Plainview, NY 11803
      View Details
    • $5,999 /Mo
      4,147 SF

      Hicksville Retail Storefront for Rent

      Built-out corner store in prime Hicksville location.
      424 S Broadway, Hicksville, NY 11801
      View Details
    • New
      $12,000 /Mo
      3,054 SF

      Hicksville Commercial Space For Lease

      Prime commercial space suitable for restaurant, retail, or office.
      107-109 Broadway, Hicksville, NY 11801
      View Details
    • $15 SF/Yr
      5,000 SF

      Plainview Industrial Space Available

      5,000 square foot industrial space for lease in Plainview.
      30 Commercial Ct, Plainview, NY 11803
      View Details
    • $1,500 /Mo
      160 SF

      New Office Space in Hicksville

      New office space in the heart of Hicksville, New York.
      501 S Broadway, Hicksville, NY 11801
      View Details
    • $6,500 /Mo

      Hicksville Storefront on South Broadway

      Prime commercial storefront for lease on South Broadway in Hicksville.
      87 S Broadway, Hicksville, NY 11801
      View Details
    • $14,583 /Mo

      Hicksville Retail/Office Space Available

      5,000 sq ft retail/office space in high-traffic Hicksville location.
      250 W Old Country Rd, Hicksville, NY 11801
      View Details
    • Contact for pricing
      88,118 SF

      Manetto Hill Plaza Retail Space

      Plainview retail center; multiple spaces available.
      0 Manetto Hl Rd. & Country Dr, Plainview, NY 11803
      View Details
    • Contact for pricing
      8,000 SF

      Renovated Warehouse/Industrial Space Available

      Completely renovated warehouse/industrial space with office, drive-in door, and access.
      101 Fairchild Ave, Plainview, NY 11803
      View Details
    • Contact for pricing
      48,140 SF

      Nassau County Warehouse For Lease

      Large Warehouse, 6.7 Acres, 64 Docks
      1 Imperatore Dr, Old Bethpage, NY 11804
      View Details
    • Contact for pricing
      19,552 SF

      Prime Plainview Retail Center

      Three suites available, ample parking.
      998-1054 Old Country Rd, Plainview, NY 11803
      View Details

    FAQs

    What type of property is this?
    Office space - New office space in the heart of Hicksville, New York.
    Where is this office space located?
    The property is located at 501 S Broadway Hicksville, NY.
    What is the lease rate?
    The lease rate is $1.13 SF/Yr.
    What are key features of this property?
    This property features: - Ideally located in the heart of Hicksville; - Brand new office space; - Professionally managed property
    (516) 690-1188
    Request Owner's contact information
    501 S Broadway Hicksville, NY 11801
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    501 S Broadway
    Hicksville, NY 11801
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    501 S Broadway Hicksville, NY 11801
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jignesh Shah CBR
    Real Estate License ID: 40SH1085912
    (516) 690-1188 (718) 343-4500 (631) 486-1126
    Learn more
    Google sign-in failed. Please try again or use another login method.