1148 Hicksville Rd, Massapequa, NY 11758
This exceptional two-story office building, located at 1148 Hicksville Road in Massapequa, NY 11758, presents a unique investment opportunity. The property boasts a total of 3,915 square feet situated on a 0.16-acre lot. The asking price is $875,000, translating to $223.50 per square foot. The building's versatile design caters to various professional uses, including executive, medical, and traditional office spaces. The main floor features newly renovated office space, including three windowed offices, a conference room, copy/file room, reception area, bullpen area, and partial lower-level storage. Upstairs, a three-bedroom, two-bathroom apartment offers a comfortable living space complete with a kitchen, living room, and dining room. A separate one-bedroom apartment with its own kitchen, living room, and bathroom is located on the lower level. This prime location on Hicksville Road offers convenient access to major roadways, including the Southern State Parkway and the Seaford-Oyster Bay Expressway. The current rental income from the apartments is below market value, presenting significant upside potential for the new owner. This property is ideally suited for a variety of professional practices, such as those of attorneys, accountants, dentists, medical professionals, or chiropractors. The building is a single structure with two stories. The lease type is NNN.
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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
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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.