444 Jericho TpkeHuntington, NY 11743

  • Investment properties
  • 0.35 AC

Property Details for 444 Jericho Tpke

Lot size
0.35 AC
Zone code
C6
Property type
Investment properties
Property subtype
Retail residential properties
APN
0400-189.00-03.00-041.001
APU
400189000300041001

Description

This exceptional retail space, located at 444 W Jericho Turnpike in Huntington, New York, presents a unique leasing opportunity. The property is a single-tenant shopping center totaling 1,048 square feet, currently entirely vacant and ready for immediate occupancy. Situated in Suffolk County, this location offers unparalleled access to a thriving consumer base. The property boasts ample parking with 65 spaces readily available for customers and employees. The address is highly visible along the busy West Jericho Turnpike, ensuring maximum exposure for your business. The space is classified as retail and is ideal for a variety of uses, making it a versatile option for prospective tenants. With its convenient location, substantial square footage, and abundant parking, this property represents a compelling investment opportunity for businesses seeking a strong foothold in the Huntington market. The zip code is 11743. The property is easily accessible via major roadways, providing convenient access for both customers and employees. This is a single-suite space within a larger shopping center, offering a well-established retail environment. The entire 1,048 square feet is available for lease. Don't miss this chance to secure a prime retail location in a high-traffic area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,125,568
    6.5%
    $2,885,140
    7%
    $2,679,058
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,087,666
    Geo Method
    $3,087,666
  • Alternative Use

    Use
    Valuation
    Residential
    $2,885,140
    Hospitality
    $2,642,772
    Educational
    $2,198,756
    Medical
    $2,274,374
    Retail
    $3,420,286

Location Insight

City
Huntington
County
Suffolk
State
New York
Latitude
40.8243
Longitude
-73.4429
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
-
$3,650
$975
$4,625
-
$6,636
$1,773
$8,409

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