233 Wall StHuntington, NY 11743

Property Details for 233 Wall St

Lot size

0.08 AC

Zone code

C6

Property type

Investment properties

Property subtype

Live-work space

APN

0400-071.00-01.00-012.000

APU

400071000100012000

Description

This exceptional mixed-use property, located at 233 Wall Street in Huntington, NY, presents a compelling investment opportunity. The 425 square foot space is situated in a bustling shopping center, benefiting from high foot traffic and excellent visibility. The building boasts recently updated features including a new roof, windows, and storefront facade, ensuring a modern and attractive presentation. The property offers both front and rear entrances, providing convenient access for customers and employees. Ample parking is available both in front of and behind the building, enhancing convenience for patrons. Its strategic location places it in close proximity to Huntington Village, further boosting its appeal and accessibility. Surrounding businesses include established and successful enterprises such as UPS, a hair salon, a pizzeria, Southdown Market, and a restaurant, creating a vibrant and thriving commercial environment. The property's current configuration offers immediate income potential, while its design also allows for potential expansion, providing flexibility for future growth and adaptation to evolving business needs. The 0.15-acre lot provides a solid foundation for this versatile commercial space. This is an ideal opportunity for an owner-user or investor seeking a well-located, updated, and adaptable commercial property in a thriving Huntington neighborhood.

• CAP approach

  CAP return

  Valuation

  6%

  $576,175

  6.5%

  $531,854

  7%

  $493,864

• Comparable approach

  Method

  Valuation

  Relative Method

  $455,350

  Geo Method

  $455,350

• Alternative Use

  Use

  Valuation

  Residential

  $659,498

  Hospitality

  $604,097

  Educational

  $502,602

  Medical

  $519,887

  Retail

  $781,825

Location Insight

City

Huntington

County

Suffolk

State

New York

Latitude

40.8795

Longitude

-73.4259

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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