40 Levittown Pkwy Hicksville, NY 11756
This exceptional retail storefront property, located at 40 Levittown Parkway, Hicksville, NY 11756, presents a rare investment opportunity. The property, asking $2,900,000, is a fully leased retail strip center, boasting a strong annual cash flow of $280,000. This is the first time this property has been on the market in 25 years, indicating its stability and desirability. Situated in the thriving Levittown community, the property benefits from its convenient location near the busy Hempstead Turnpike and a local school, ensuring high visibility and foot traffic. Tenants enjoy easy access via a large municipal parking lot located at the rear of the building. This prime corner location offers a secure investment with established, reliable tenants, making it an attractive proposition for discerning investors seeking a stable and profitable retail asset in a well-established Nassau County market. The property's long-standing success and consistent cash flow make it a compelling opportunity for long-term growth and return on investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.