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    Property profile & analytics

    87 Bethpage Rd Hicksville, NY 11801

    • Office buildings
    • 6,075 SF
    • 1.00 lot acres
    For Lease
    View listing
    Value Estimation
    $3,610,000
    Last Sale
    Jun 14, 2022
    $3,458,000
    Location Intelligence
    Property ID
    US63-1904290
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Ny Rarities / Gold Dealer / Coin Dealer
    • Diplomat Electronics Inc / Electric Motor Repair Shop

    Property Details for 87 Bethpage Rd

    Year built
    1959
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.00 lot acres
    Property size
    6,075 SF
    Property type
    Office buildings
    APN
    12-623-00-0014
    APU
    12623000014

    Description

    This single-story, 13,300-square-foot office building at 87 Bethpage Road in Hicksville, NY, presents a unique investment opportunity. Built in 1963 and renovated in 1984, the property sits on one acre of land and is zoned L1. The building offers a versatile layout suitable for various office uses, including medical, executive, and traditional office spaces. Currently, there is one available space of 6,100 square feet, but the building is configured for multiple tenants. The property boasts 65 total parking spaces, providing ample convenience for employees and clients. Its location in Nassau County offers easy access to the Hicksville Long Island Rail Road (LIRR) station, a short walk from the building, ensuring convenient commuting options. The property's diverse zoning and adaptable space make it an ideal choice for a range of businesses seeking a well-maintained and conveniently located office space in a thriving area. The building's history and recent renovations combine to offer a blend of character and modern functionality.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,770,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,615,000
      6.5%
      $3,290,000
      7%
      $3,655,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,895,000
      Geo Method
      $3,760,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,105,000
      Retail
      $3,170,000
      Mixed-Use
      $4,160,000
      Hospitality
      $3,260,000
      Educational
      $3,215,000
      Residential Income
      $3,670,000
      Energy
      $3,265,000
      Income-Based Land
      $4,115,000
      Food Service
      $4,050,000

    Location Insight

    • Map
    • Local Demand
    City
    Hicksville
    County
    Nassau
    State
    New York
    Longitude
    -73.5204
    Latitude
    40.7748
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $126,431
    $12,233
    $6,740
    $18,973
    -
    $0.00
    $0.00
    $1,897,300

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      2,946 SF

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      PROFESSIONAL BUILDING (MULTI-STORY) • 2,946 SF
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    • Value Estimation by Request
      322 SF

      130 Newbridge Rd

      OFFICE BUILDING • 322 SF
      130 Newbridge Rd, Hicksville, NY 11801-3967
      View Details

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      Hicksville Office Building - 13,300 SF

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    87 Bethpage Rd
    Hicksville, NY 11801
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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