Hicksville, NY
Commercial Real Estate Market Trends & Data

$446 Avg asking sale price
$41 Avg asking lease rate
18,729 SF Avg unit lease size
18,824 SF Avg building size for sale
5.31% Average cap rate

Hicksville's Demographic Profile

Hicksville has 12,802 households and a median income of $125,049, providing context for rent absorption and tenant demand across retail and multifamily assets. A -3% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 41,854
# Households 12,802
Median age 43
Median household income $125,049
Avg household size 3.0
Renter-occupied housing units 2,454
5-year population change -3%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Hicksville, NY

↻ Updated Monthly

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Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Hicksville $413 34,630 SF 5.00%
New Cassel $505 22,545 SF 5.00%
Salisbury $625 23,687 SF 5.00%
Westbury $444 23,687 SF 5.00%
Nearby Retail Markets Avg Cost/SF Typical Size
Hicksville $458 10,055 SF
New Cassel $1,056 11,074 SF
Salisbury $1,487 3,027 SF
Westbury $945 4,614 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Mineola $246 14,250 SF 5.31%
Garden City $246 14,250 SF 5.31%

Commercial Properties For Sale in Hicksville

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

597-611 Hicksville Rd, Bethpage, NY

Bethpage, NY

  • Retail Building
  • $4,350,000
For Sale

600 Hicksville Rd, Bethpage, NY 11714

Bethpage, NY 11714

  • 3,456 SF Office Building
  • $1,298,888
For Sale

Professional Building

Hicksville, NY 11801

  • 1,270 SF Office Building
  • $1,495,000
For Sale

970 Brush Hollow Rd

Westbury, NY 11590

  • 2.18 AC Lot
  • 1 Residential Income Lot
  • $6,495,000
For Sale

343 Jerusalem Ave

Hicksville, NY 11801

  • 10,044 SF Specialty
  • $3,950,000
For Sale

305 N Newbridge Rd

Levittown, NY 11756

  • 1,435 SF Retail Building
  • $988,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Hicksville pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Hicksville $446 18,824 SF
Jericho $329 37,940 SF
New Cassel $662 17,368 SF
Salisbury $671 17,017 SF
Westbury $551 22,989 SF

Regional Demographic Comparison

This comparison places Hicksville alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Hicksville or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Hicksville 41,854 12,802 43 $125,049 3 2,454 -3%
New Cassel 13,514 3,003 35 $107,341 4 1,289 -3%
Salisbury 12,516 3,936 44 $145,332 3 409 -1%
Westbury 51,197 15,221 41 $129,589 3 4,218 -2%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Hicksville, NY and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Hicksville

View All Commercial Real Estate For Sale in Hicksville
Is Hicksville a good market for a first-time commercial real estate investor?

Hicksville offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Hicksville?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Hicksville. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Hicksville?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Hicksville. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Hicksville compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Hicksville. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Hicksville acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Hicksville, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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