Office Building For
399 W John St Hicksville, NY 11801
399 W John St, Hicksville, NY, 11801
Contact for pricing
For Sale
Contact for pricing
Office building offered for sale with approximately 7,500 square feet of space.
Property Size7,500 SF
Price / SF$433.33
Days on Market160
Property Features for 399 W John St
General Information
- Standard status
- Active
- Size
- 7,500 SF
- Property subtype
- Office
Listing agency
Park Place Realty Group LLC
Listed by
David Chinitz · License #NY 49CH0984786
Source
Crexi
Added: Feb 12 Updated: Jul 22 at 1:35AM Checked: Jul 22 at 6:21AM
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 Park Place Realty Group LLC
Investment Insights
Based on property information with market context.
This property is an office building offered for sale, with approximately 7,500 square feet of commercial space. It is presented as an office asset in the available materials.
The property is located at 399 W John St in Hicksville, NY.
The listing materials do not include additional details on suite layout or building features beyond the total office square footage.
The property is located at 399 W John St in Hicksville, NY.
The listing materials do not include additional details on suite layout or building features beyond the total office square footage.
Key Highlights
- Office building for sale with approximately 7,500 sq ft of space
Local Financial Insights For Office B
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 | $209.7k | $27.96 |
| − Vacancy | −$37.7k | −$5.03 |
| EGI | $172.0k | $22.93 |
| − OpEx | −$43.0k | −$5.73 |
| NOI | $129.0k | $17.20 |
7,500 SF · lease $27.96/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.84M
$1.61M – $2.15M
NOI $128,966 @ 7.0% cap · market cap 3.97%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.96M
$4.34M – $5.79M
NOI $347,119 @ 7.0% cap · market cap 10.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
150-21 115th Ave, ...
Apartment Building
Continental Pinewood Development ...
Real Estate Agency
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FAQs
What type of property is this?
Office building - Office building offered for sale with approximately 7,500 square feet of space.
Where is this office building located?
The property is located at 399 W John St Hicksville, NY.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: Office building for sale with approximately 7,500 sq ft of space
