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Flex Space with Fenced Yard
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32 Holman Blvd, Hicksville, NY 11801

Two-level office accommodation includes a secured, illuminated yard and convenient access to public transportation.

Property Size5,133 SF
Price / SF$330.22
Days on Market157

Property Features for 32 Holman Blvd

General Information

Standard status Active
Size 5,133 SF
Property subtype INDUSTRIAL

Site & Location

Public Transit Yes
Fenced Yard Yes
Outdoor Storage Yes

Amenities

Fenced & lit yard space

Building Details

Stories 2
Listing Agency: Metro Realty Services LLC
Listed By: Mark Timpone · License #10491200183
Source: Moodyscre
Added: May 14 Changed: Oct 15 Last Checked: Oct 16 at 9:11AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Metro Realty Services LLC

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Investment Insights

Based on property information with market context.

This 5,133-square-foot flex property combines office accommodation across two floors with outdoor yard space enclosed by fencing and served by lighting. Parking is also available at the property.

The site at 32 Holman Blvd in Hicksville is within walking distance of the LIRR Hicksville Station and a bus stop, providing access to nearby transit options. The combination of office improvements, secured outdoor space, and on-site parking supports a range of flex-oriented commercial requirements.

Key Highlights

  • 5,133 SF flex property at 32 Holman Blvd, Hicksville, NY 11801
  • Fenced and lit yard space
  • Office areas located on both floors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$88,264
Cap Rate
5.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,765,280 $1.8M
Cap Rate 7%
$1,260,914 $1.3M
Cap Rate 9%
$980,711 $980.7K
Market Conditions
NOI Build-Up for 5,133 SF
Gross rent
$143.5K $27.96/SF
− Vacancy
−$25.8K −$5.03/SF
EGI
$117.7K $22.93/SF
− OpEx
−$29.4K −$5.73/SF
NOI
$88.3K $17.20/SF
Area
Nassau County, NY
Vacancy
18.00%
Lease Rate
$27.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,765,280
Cap Rate 7%
$1,260,914
Cap Rate 9%
$980,711

Alternative Uses

Best Use
Office B
$1.26M
$1.10M – $1.47M (±1% cap)
NOI $88,264 @ 7.0% cap · market cap 5.21%
Second Best
Industrial
$1.05M
$918.3K – $1.22M (±1% cap)
NOI $73,460 @ 7.0% cap · market cap 4.33%
Theoretical Best
Specialty Retail
$3.39M
$2.97M – $3.96M (±1% cap)
NOI $237,568 @ 7.0% cap · market cap 14.02%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Elmont Roofing Experts Roofing Company Academy Mail Box ... Factory DPNS Network Solutions (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Garden Center Tattoo & Piercing Shop Hotel & Motel Pet Grooming Service Home Appliance Store Gym & Fitness Center

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

Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

1,939
Businesses Nearby
Under-served
Demand for This Use

Demographics for 11801, NY

41,779
Population
13,068
Households
3.2
Avg Household Size
42
Median Age
44%
College-Educated
92%
High-School Grad
6.7 sq mi
ZIP Area
6,236
Density / Sq Mi
$147,945
Median Household Income
$54,052
Median Earnings
$2,992
Median Rent
$611,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Similar Off Market Nearby

  • The Waffle Chic Food Truck — 397 Duffy Ave, Hicksville, NY 11801
  • El Buen Gusto Deli — 23 S Broadway, Hicksville, NY 11801

Frequently Asked Questions

What type of property is this?
Flex space - Two-level office accommodation includes a secured, illuminated yard and convenient access to public transportation.
Where is this flex space located?
The property is located at 32 Holman Blvd Hicksville, NY.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: 5,133 SF flex property at 32 Holman Blvd, Hicksville, NY 11801; Fenced and lit yard space; Office areas located on both floors
(516) 375-8069 Call to check price and availability
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