Value-Add Hicksville Property For Sale With Great Upside Asking $2.3 Million

Financial summary

Asking Price

$2.4M

Cash Flow (SDE)

$152K

Gross Revenue

$205K

SDE Multiple

15.8x

SBA financeability

Businesses in retail trade are commonly SBA-financed. The figures below are the industry-category norm from SBA 7(a)/504 lending, a gauge of how financeable a deal like this tends to be.

Retail Trade benchmarks

Active lenders in this category: The Huntington National Bank, U.S. Bank, National Association, TD Bank, National Association.

Based on 13,075 SBA loans · source: SBA 7(a)/504 FOIA, as of 2026Q1 · industry-category level.

Detailed information

Industry

Retail

Source

eastcoast

First indexed

Jun 13, 2026

Data quality

Excellent (85/100)

High SDE margin.

Key points

• •7,200 sq ft retail property in Hicksville, NY; asking $2.3M with two existing tenants and 3,600 sq ft vacant space.
• •Current income: food tenant pays $38,400/year, nail salon pays $34,800/year; both cover utilities and 25% of tax increases.
• •Annual property taxes approximately $49,000.
• •3,600 sq ft vacant space available for lease or owner occupancy to increase rent roll.

Business description

Retail Investment Property – Hicksville, NY | 7,200 Sq Ft | Value-Add Opportunity An excellent opportunity for an end user or investor to acquire a retail property in the highly active Hicksville commercial market. The property offers a total of approximately 7,200 square feet and provides both existing income and significant upside through vacant space that can be leased or occupied by the new owner. Property Overview Total Building Size: Approximately 7,200 square feet Current Tenants: Two established retail tenants Vacant Space: Approximately 3,600 square feet Annual Property Taxes: Approximately $49,000 Existing Tenants Food Tenant • Occupies approximately 1,800 sq. ft. • Annual Rent: $38,400 • Tenant pays all utilities • Tenant responsible for 25% of real estate tax increases Nail Salon • Occupies approximately 1,800 sq. ft. • Annual Rent: $34,800 • Tenant pays all utilities • Tenant responsible for 25% of real estate tax increases Value-Add Opportunity The remaining 3,600 square feet of vacant space provides a significant opportunity for an end user looking to occupy space or for an investor seeking to increase the property's rent roll and overall value. Opportunity Located in one of Long Island’s strongest retail corridors, this property offers a combination of existing rental income and substantial upside potential through leasing or owner occupancy.

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