Building Details

Year built 1926

Floors in Building 2

Building materials Brick

Listing Agency: BERKSHIRE HATHAWAY · Berkshire Hathaway HomeServices f***@bhhslaffey.com Show Phone

Listed By: John Canino E-PRO SRS Show Phone

Added: May 5 Changed: Oct 5 Last Checked: Oct 9 at 3:06AM

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MLS# 989926

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.

Built in 1926, this brick mixed-use property includes approximately 1,500 square feet of commercial space on the first floor and a one-bedroom apartment above. The lower level was previously configured for dental use and includes a flexible layout, while the building has two bathrooms and a basement. Central air and natural gas heating serve the property, with public water and public sewer provided.

The site includes driveway parking for up to three vehicles. Located at 85 Hillside Avenue in Williston Park, the property is near the East Williston LIRR station, local shops, and major roadways. Its local business and commercial zoning district permits a mixed-use arrangement with retail or office space below residential use.

Key Highlights

• Approximately 1,500 square feet of first‑floor commercial space
• Second‑floor one‑bedroom apartment
• Mixed‑use zoning allows retail or office space with residential above

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$26,316

Cap Rate

3.06%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$526,320 $526.3K

Cap Rate 7%

$375,943 $375.9K

Cap Rate 9%

$292,400 $292.4K

Market Conditions

NOI Build-Up for 1,500 SF

Gross rent

$50.9K $33.96/SF

− Vacancy

−$7.1K −$4.72/SF

EGI

$43.9K $29.24/SF

− OpEx

−$17.5K −$11.70/SF

NOI

$26.3K $17.54/SF

Area

Nassau County, NY

Vacancy

13.90%

Lease Rate

$33.96 /SF/Yr

Expense Ratio

40.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$526,320

Cap Rate 7%

$375,943

Cap Rate 9%

$292,400

Alternative Uses

Best Use

Healthcare Medical

$375.9K

$329.0K – $438.6K (±1% cap)

NOI $26,316 @ 7.0% cap · market cap 3.06%

Second Best

Office B

$368.5K

$322.4K – $429.9K (±1% cap)

NOI $25,793 @ 7.0% cap · market cap 3.00%

Theoretical Best

Specialty Retail

$991.8K

$867.8K – $1.16M (±1% cap)

NOI $69,424 @ 7.0% cap · market cap 8.07%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Frucci Yolanda DDS Dental Office

Suggested Use

Top Pick Storage Facility (Bike/Boat/Book/etc) Store Parking Lot & Garage Daycare Center Discount Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1

Office units

Location Intelligence

Trade Area within ½ mile

1,503

Businesses Nearby

Explore this area Business Placement

Demographics for 11596, NY

10,849

Population

3,450

Households

3.1

Avg Household Size

44

Median Age

56%

College-Educated

95%

High-School Grad

1.3 sq mi

ZIP Area

8,345

Density / Sq Mi

$162,026

Median Household Income

$78,858

Median Earnings

$2,102

Median Rent

$801,500

Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this mixed-use properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Brick property combines professional space, residential accommodation, and driveway parking within a local business and commercial district.

Where is this mixed-use property located?

The property is located at 85 Hillside Avenue Williston Park, NY.

What is the asking price?

The asking price for this property is $859,900.

What are key features of this property?

This property features: Approximately 1,500 square feet of first‑floor commercial space; Second‑floor one‑bedroom apartment; Mixed‑use zoning allows retail or office space with residential above