483 New York AveHuntington, NY 11743

Property Details for 483 New York Ave

Lot size

0.21 AC

Zone code

C6

Property type

Investment properties

Property subtype

Live-work space

APN

0400-096.00-02.00-064.000

APU

400096000200064000

Description

This exceptional mixed-use property at 483 New York Avenue in Huntington, NY, presents a unique investment opportunity. Located in the heart of Huntington Village, this expansive building offers a blend of commercial and residential space, ideal for a variety of uses. The property's prime location ensures high visibility and accessibility, benefiting from its proximity to a wealth of local amenities, including shops, restaurants, and entertainment venues. The vibrant atmosphere of Huntington Village provides a dynamic and desirable setting for both business and residential purposes. This property is exceptionally large, though the precise square footage is not currently available. The lot size is listed as zero acres, suggesting the building is likely situated on a smaller lot typical of a village setting. The asking price is $1,299,000. This presents a rare chance to acquire a substantial mixed-use property in a highly sought-after location, offering significant potential for both income generation and long-term appreciation. Serious inquiries are encouraged to explore the possibilities this unique property offers. Further details regarding the specific layout and zoning are available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $1,512,438

  6.5%

  $1,396,096

  7%

  $1,296,375

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,195,278

  Geo Method

  $1,195,278

• Alternative Use

  Use

  Valuation

  Residential

  $1,731,159

  Hospitality

  $1,585,733

  Educational

  $1,319,311

  Medical

  $1,364,684

  Retail

  $2,052,262

Location Insight

City

Huntington

County

Suffolk

State

New York

Latitude

40.8661

Longitude

-73.4238

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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