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    Property profile & analytics
    OFF-MARKET Estimated value $47,865,000
    Retail properties & Spaces

    195 Broadway 225, Hicksville, NY 11801-2912

    128,943 SF 26.39 ac lot Built 1964
    Entity Owned 3-yr Hold Free & Clear
    Property ID
    US63-2312071
    Property summary
    AI-generated overview

    This exceptional Hicksville, NY industrial property, located at 195 N Broadway, offers a substantial 79,539 square feet of warehouse and distribution space currently available for lease. The property sits on a generous 26.5-acre lot and is zoned General Business (GB) in Nassau County. The building features a 15-foot ceiling height, providing ample vertical space for storage and operations. Four convenient drive-in doors ensure efficient loading and unloading. The property boasts robust power capabilities, with 2000 AMPS available at 480/277V. Multiple tenancy options are available, with a minimum divisible space of 34,088 square feet and a maximum contiguous space of 45,451 square feet. This versatile property is ideal for a variety of industrial and distribution businesses seeking a strategic location in Nassau County. The property's size and features make it well-suited for businesses requiring significant storage and operational space. Its location in Hicksville offers excellent access to major transportation routes, facilitating efficient logistics and distribution. This is a rare opportunity to secure a large, well-equipped warehouse in a highly desirable location. Contact us today to learn more about leasing opportunities.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Use group DEPARTMENT STORE
    Year built 1964
    Total area 128,943 SF
    Lot 26.39 ac (1,149,592 SF)
    APN 12-00B-00-0185
    UPID US63-2312071
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Budget Truck Rental Car Rental Facility
    • Sears Appliance Repair Home Appliance Store
    • Sofia Spa Spa & Massage Center
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $39.29M
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $47.87M
    Owner & transaction history
    Steel 195 N Broadway LLC · 3 yrs held
    Steel 195 N Broadway LLC
    since 2023
    Last sale
    $51.0M
    3 recorded transactions
    2023
    $51.0M
    2015
    2015
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Industrial (general) $77.8M +5.9%
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