599 HICKSVILLE RD Bethpage, NY 11714
Retail strip center with approximately 13,584 leasable square feet directly on Hicksville Road.
- Added:
- Jul 6, 2026
- Days on Market:
- 7
- Last Refresh:
- Jul 9 at 2:19 am
Property Features for 599 HICKSVILLE RD
General Information
- Standard status
- Active
- Size
- 13,584 SF
- Lot size
- 1.04 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1955
Listing office Marcus & Millichap - Manhattan (212) 430-5196
Listing date Jul 6, 2026
Source Crexi
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Investment Insights
Based on property information with market context.
Hicksville Road runs directly through Bethpage and is described as a high-traffic commercial corridor with 36,700+ vehicles per day. The surrounding area includes employment and logistics users such as Northwell Health’s Integrated Distribution Center, the U.S. Postal Service Logistical and Distribution Center, FedEx Freight, Arkwin Industries, Grumman Studios, and a large Amazon warehouse. Additional institutional and commuter activity is supported by St. Joseph Hospital, Farmingdale State College, and the Bethpage LIRR Station. Retail demand in the trade area is also influenced by destination traffic from Bethpage State Park and its Black Course. Nearby shopping includes Nassau Mall / Kohl’s Plaza, a 460,000+ SF power center with national tenancy.
Key Highlights
- Retail strip center at 597‑611 Hicksville Road in Bethpage, NY
- 1.04‑acre site with approximately 13,584 SF of leasable retail area
- Direct frontage on Hicksville Road with 36,700+ vehicles per day
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 | $407.5k | $30.00 |
| − Vacancy | −$23.2k | −$1.71 |
| EGI | $384.3k | $28.29 |
| − OpEx | −$115.3k | −$8.49 |
| NOI | $269.0k | $19.80 |
