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Hicksville, NY High Income Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Hicksville, New York Market population: 42K. Compare commercial properties across all major asset classes...

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📊 Average Cap Rate For Hicksville NY Properties: 6.86%

⭐ Featured

190 Manhattan Ave, Buffalo, NY – Prime Multifamily Investment with 7.56% Cap Rate

$6,500,000
Buffalo Multifamily

Discover a compelling investment in Buffalo’s vibrant market with this 65,000-square-foot garden-style apartment prope...

Cap Rate 7.56%
NOI $491,400
Size 65,000 SF

📊 Avg Property Tax Rate For Hicksville NY Properties: 2.8500%

⭐ Featured

Prime Buffalo Multifamily Investment: 12-Unit Apartment Building with 6.16% Cap Rate

$1,750,000
Buffalo Multifamily

Discover a compelling multifamily investment opportunity in Buffalo, NY. This 12-unit apartment building, priced at $1,7...

Cap Rate 6.16%
NOI $107,842
Size 8,640 SF

Investor Questions For Hicksville NY

Common questions from investors exploring commercial real estate in Hicksville NY.

What makes Hicksville, NY an attractive market for real estate investment? +
The combination of a high median household income of $92,491, a relatively low poverty rate of 4.3%, and a strong health insurance coverage rate of 94.1% suggests a stable and secure market for investors, with a diverse population including White, White Non-Hispanic, and Asian communities.
How does the local economy impact the real estate market in Hicksville? +
The top industries in Hicksville, including Public Administration, Finance & Insurance, and Information, contribute to a strong employment market, with 21,454 employed individuals, which in turn supports the high median property value of $399,200 and a low poverty rate of 4.3%, making it an attractive market for investors.
What is the quality of life like for residents in Hicksville, and how does it affect the real estate market? +
The average commute time of 33.1 minutes, with a mix of drive alone, work from home, and public transit options, indicates a convenient and flexible lifestyle for residents, which, combined with a high health insurance coverage rate of 94.1% and a low poverty rate of 4.3%, suggests a high quality of life and a stable market for investors.
How does the demographic diversity of Hicksville impact the demand for real estate? +
The diverse population of Hicksville, with top ethnicities including White, White Non-Hispanic, and Asian communities, contributes to a strong demand for real estate, particularly with a high median household income of $92,491 and a low poverty rate of 4.3%, making it an attractive market for investors looking to capitalize on a stable and secure community.
What are the key factors that contribute to the stability of the real estate market in Hicksville? +
The combination of a high homeownership rate of 86.3%, a low poverty rate of 4.3%, and a strong health insurance coverage rate of 94.1%, along with a diverse economy and a high median household income of $92,491, suggests a stable and secure market for investors, with a low risk of market fluctuations and a high potential for long-term growth.

Hicksville NY Real Estate & City Facts

Key facts and real estate information about Hicksville NY.

What are some of the best neighborhoods to live in Hicksville? +
Some of the best neighborhoods to live in Hicksville include Old Country/Stewart, which is known for its quiet streets and close-knit community. Other desirable areas tend to be in the northeast parts of the city, while more affordable homes are in the northwest regions.
What are some fun things to do in Hicksville? +
There are plenty of fun things to do in Hicksville, such as visiting the Hicksville Gregory Museum, exploring Trailview State Park, or taking a stroll near the water at Wantagh Park. You can also check out the best things to do on websites like Tripadvisor or Eventbrite.
What is the food scene like in Hicksville? +
The food scene in Hicksville is diverse, with a range of restaurants serving different cuisines. Some popular options include The Foundry, Ficarra Ristorante, O Mandarin, and Bhaijaan. There are also plenty of great food trucks and local eateries to try.
What are the pros and cons of living in Hicksville? +
The pros of living in Hicksville include its quiet and close-knit community, affordable housing options, and access to outdoor spaces like Trailview State Park. However, some cons include the limited nightlife and entertainment options, and the need for a car to get around. Overall, Hicksville is a great choice for families or those looking for a suburban lifestyle.
Is Hicksville a good place to live? +
Hicksville can be a good place to live, depending on your priorities and preferences. It offers a unique blend of suburban charm and access to outdoor spaces, with a range of housing options and a diverse food scene. However, it may not be the best fit for those looking for a more urban or fast-paced lifestyle.
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