313 W Old Country RD, Hicksville, NY 11801
313 W Old Country RD, Hicksville, NY 11801
313 W Old Country RD, Hicksville, NY 11801
313 W Old Country RD, Hicksville, NY 11801
313 W Old Country RD, Hicksville, NY 11801
313 W Old Country RD, Hicksville, NY 11801
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Andrew Delgado

Andrew Delgado

+1(347) 502-8546
$ 3,050,000
Est. payment | /mo

0.33 Acres Lot

Save
$ 3,050,000
Est. payment | /mo
Save

0.33 Acres Lot

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1060453

Rental Info No

Year Built 1963

Annual Tax Amount $99,388

Lot Size 0.330 Acres

Acres 0.3298

Property Sub-Type Office

Source onekey2

Property Description

Freestanding, 100% leased office building at 313 West Old Country Road, Hicksville. Approx. 10,284 SF: 5,142 SF of first-floor offices plus a 5,142 SF multi-use office basement, on a 14,364 SF lot with approx. 35 on-site parking spaces. Leased to three tenants; the two largest leases (approx. 92% of rent) are triple net, with tenants paying their share of real estate taxes, insurance and common area maintenance. Current annual rent approx. $303,480 with 3% annual increases, a 9.95% cap rate at the asking price. Anchor tenant leases two-thirds of the building through 3/2029 with a 5-year renewal option. Old Country Road frontage on a primary Long Island office and retail corridor, near the Hicksville LIRR station. Financial package available upon execution of a confidentiality agreement. Tenant occupied; 24-hour notice required for showings.

Location

State NY

County Nassau County

Rooms

Basement Finished, Full

Interior

Heating Hot Air

Cooling Central Air

Fireplace No

Exterior

Parking Features Off Street

Utilities Available Electricity Connected, Water Connected

Total Parking Spaces 35

Building

Story 1

Foundation Other

Sewer Public Sewer

Water Public

Structure Type Other

Schools

High Schools Hicksville

School District Hicksville

Others

Special Listing Condition None

OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by Yaos Realty LLC • Jianfeng Yao
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Andrew Delgado

Andrew Delgado

Agent

+1(347) 502-8546

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313 W Old Country RD

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