HICKSVILLE — The former Community Memorial Hospital (CMH) property in Hicksville was sold this week following a 48-hour online auction that ended with a last-minute surge in bidding, resulting in a final sale price of $1.8 million. The identity of the winning bidder has not yet been released.
The auction, conducted by Crexi (CXTTechnology LLC), drew little activity for much of its duration before escalating rapidly in the final two minutes. Hicksville Village had entered a reserve bid of $399,000, which remained the only bid for several hours before a late bidding war pushed the price up by approximately $1.4 million.
“We thought we had it until those last two minutes,” Hicksville Village Administrator Cory Wann said following the close of the auction…