40 Levittown Pkwy Hicksville, NY 11756
- Retail properties
Current Use by Public Records
- Retail properties
Property Details for 40 Levittown Pkwy
- Property type
- Retail properties
- Property subtype
- Retail space
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hicksville
- County
- Nassau
- State
- New York
- Longitude
- -73.5372
- Latitude
- 40.7433
