Log In/Sign Up
Your email has been sent.
118-122 Hillside Ave 5,580 SF 100% Leased Retail Building Williston Park, NY 11596 $1,800,000 ($322.58/SF) 4.17% Cap Rate
Investment Highlights
- heavy foot traffic, thriving businesses
- open floor plan with high ceiling and modernized
- lots of natural light
Executive Summary
Prime investment opportunity with long term successful businesses in place located in the heart of Williston Park. Heavy foot traffic, close to LIRR and post office, restaurants and shopping. 3 Storefronts fully equipped with bathrooms, back doors and finished & unfinished basements.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$131,376
|
$23.54
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$131,376
|
$23.54
|
| Taxes |
$44,728
|
$8.02
|
| Operating Expenses |
$12,000
|
$2.15
|
| Total Expenses |
$56,728
|
$10.17
|
| Net Operating Income |
$74,648
|
$13.38
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $131,376 |
| Annual Per SF | $23.54 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $131,376 |
| Annual Per SF | $23.54 |
| Taxes | |
|---|---|
| Annual | $44,728 |
| Annual Per SF | $8.02 |
| Operating Expenses | |
|---|---|
| Annual | $12,000 |
| Annual Per SF | $2.15 |
| Total Expenses | |
|---|---|
| Annual | $56,728 |
| Annual Per SF | $10.17 |
| Net Operating Income | |
|---|---|
| Annual | $74,648 |
| Annual Per SF | $13.38 |
Property Facts
Sale Type
Investment
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Storefront
Building Size
5,580 SF
Building Class
B
Year Built
1950
Price
$1,800,000
Price Per SF
$322.58
Cap Rate
4.17%
NOI
$75,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.85
Lot Size
0.15 AC
Zoning
MX - Mixed Use Office
Frontage
61’ on Hillside Ave
Amenities
- Storage Space
- Air Conditioning
- Locker Room
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Charles Water Karate & Fitness
- Educational Services
- 2,940 SF
- $19.37
- Plus Utilities
- -
- Custom Tailor
- Retailer
- 640 SF
- $28.12
- Plus Utilities
- May 2026
- Hidden Talents Dance
- Arts, Entertainment, and Recreation
- 2,000 SF
- $31.16
- Plus Utilities
- May 2029
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Charles Water Karate & Fitness | Educational Services | 2,940 SF | $19.37 | Plus Utilities | - | |
| Custom Tailor | Retailer | 640 SF | $28.12 | Plus Utilities | May 2026 | |
| Hidden Talents Dance | Arts, Entertainment, and Recreation | 2,000 SF | $31.16 | Plus Utilities | May 2029 |
Very walkable
80/100
Moderately drivable
70/100
Good public transit
60/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 2257-09-205-00-0266-0 | Total Assessment | $7,676 |
| Land Assessment | $2,576 | Annual Taxes | $44,728 ($8.02/SF) |
| Improvements Assessment | $5,100 | Tax Year | 2025 |
Property Taxes
Parcel Number
2257-09-205-00-0266-0
Land Assessment
$2,576
Improvements Assessment
$5,100
Total Assessment
$7,676
Annual Taxes
$44,728 ($8.02/SF)
Tax Year
2025
1 of 32
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
118-122 Hillside Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.