1969-1973 New York Ave - Freestanding FOR SALE


Huntington Station, NY 11746
$1,120,000 USD
516-279-8828
1969-1973 New York Ave, Huntington Station, NY for Sale
$1,120,000 USD
Freestanding - FOR SALE
1/24
null | 9.01% Cap Rate

1969-1973 New York Ave
Huntington Station, NY 11746


HIGHLIGHTS

  • Calling All Investors, Developers & End-Users!!! 9.01 Cap 3,000 Sqft. Corner Free Standing Building On Route 110 For Sale!!!
  • The Property Features Excellent Signage, Great Exposure, High 9’ Ceilings, 33 Parking Spaces, C-6 Zoning, 3 Phase Power, 2 Strategically Placed Curb C
  • The Property Is Located In The Heart Of Huntington On Busy New York Ave. Just A Few Blocks Off Jericho Tpke.(Rt. 25) Near The Walt Whitman Shops!!!
  • The Property Has 104’ Of Frontage On Busy New York Ave. + 80’ On W. 19th Street & Has A Daily Traffic Count Of 15,500+ Vehicles Per Day!!!
  • Neighbors Include Audi, BMW, Honda, Mazda, Northwell Health, Target, Staples, CVS, Kay Jewelers, Best Buy, LA Fitness, AutoZone, Wendy’s, +++!!!
  • This Property Offers HUGE UPSIDE Potential!!!

OVERVIEW

Calling All Investors, Developers & End-Users!!! 9.01 Cap 3,000 Sqft. Corner Free Standing Building On Route 110 For Sale!!! The Property Features Excellent Signage, Great Exposure, High 9’ Ceilings, 33 Parking Spaces, C-6 Zoning, 3 Phase Power, 2 Strategically Placed Curb Cuts, Private Parking Lot, Security System, 2 Stores, (1) 3 Br. Apartment, Basement, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Huntington Station On Busy New York Ave. Just A Few Blocks Off Jericho Tpke.(Rt. 25) Near The Walt Whitman Shops!!! The Property Has 104’ Of Frontage On Busy New York Avenue + 80’ Of Frontage On W. 19th Street!!! Neighbors Include Audi, BMW, Honda, Mazda, Northwell Health, Target, Staples, CVS, Kay Jewelers, Best Buy, LA Fitness, AutoZone, Wendy’s, Taco Bell, Harbor Freight, Chick-fil-A, Aboff’s Paints, Carvel, Macy’s, Checkers, +++!!! This Property Has A Daily Traffic Count Of 15,500+ Vehicles Per Day!!! This Property Offers HUGE UPSIDE Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Barber Shop: $18,000 Ann.; $1,200 Ann. Inc.; Lease Exp.: 11/1/31. Car Dealer (Office + 26 Car Yard): $60,000 Ann.) 3 Br. Apt.(1,500 Sqft.): $38,400 Ann. M-M Gross Income: $116,400 Ann. Expenses: Gas: $0 Ann. Oil: $0 Ann. Electric: $0 Ann. Maintenance & Repairs: $250 Ann. Insurance: $2,450 Ann. Water: $1,200 Ann. Taxes: $11,561.52 Ann. Total Expenses: $15,461.52 Ann. Net Operating Income (NOI): $100,938.48 Ann. (9.01% Cap!!!)

FOR SALE DETAILS

PRICE

$1,120,000 USD

PRICE/SF

$486 USD /SF

CAP RATE

9.01%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Auto Dealership, Storefront Retail/Office, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

33

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

C6

APN/PARCEL ID

0400-194-00-02-00-025-000

ASK ABOUT THIS PROPERTY

Matthew ShaneAll Island CommercialMore Info
516-279-8828

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Matthew ShaneAll Island CommercialMore Info
516-279-8828

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