1761-1763 New York Ave - Storefront Retail/Residential FOR SALE


Huntington Station, NY 11746
$1,799,000 USD
516-424-1404
1761-1763 New York Ave, Huntington Station, NY for Sale
$1,799,000 USD
Storefront Retail/Residential - FOR SALE
1/12
null | 10.45% Cap Rate

1761-1763 New York Ave
Huntington Station, NY 11746


HIGHLIGHTS

  • Multi Family - 2 Storefronts, 5 Residential
  • Below market rents - High upside to buyer
  • Great Cap Rate

OVERVIEW

This is an amazing investment opportunity to own a mixed use building on New York Ave in Huntington Station. Two Storefronts and 5 residential units. Residential units are paying below market rents giving a lot up side and value add for a new owner. One store is leased until 08/27. The other store has recently been vacated.

FOR SALE DETAILS

PRICE

$1,799,000 USD

PRICE/SF

$203 USD /SF

CAP RATE

10.45%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

High Income Producing Mixed Use Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

C6

APN/PARCEL ID

0400-142-00-03-00-087-000

ASK ABOUT THIS PROPERTY

Nathan KamaraKW Greater NassauMore Info
516-424-1404

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Nathan KamaraKW Greater NassauMore Info
516-424-1404

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.