160 Depot RdHuntington Station, NY 11746

Property Details for 160 Depot Rd

Lot size

0.58 AC

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

0400-145.00-02.00-133.001

APU

400145000200133001

Description

This exceptional 6,000-square-foot vacant retail building presents a unique investment opportunity in the thriving Huntington Station, NY market. Located at 160 Depot Rd, 11746, this property boasts a prime location with high visibility and significant potential for a variety of uses. The "vanilla box" design allows for complete customization to suit your specific business needs. The building is ideally suited for medical offices, auto repair shops, vehicle sales or rental businesses, or retail establishments. Specifically, the space is well-suited for a quick-service restaurant (QSR), with a grease trap already installed and capacity for up to 15 seats. Ample parking is provided with 30 surface spaces. The asking price is $3,100,000, translating to $516.67 per square foot. This represents a compelling investment in a dynamic location with strong potential for future growth and high returns. The property is currently vacant, offering immediate occupancy and the flexibility to design the space to perfectly match your business requirements. Don't miss this chance to acquire a versatile and strategically located commercial property in a bustling Suffolk County community. The property's adaptable nature and convenient location make it an ideal investment for savvy entrepreneurs and investors seeking a high-return opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $5,179,554

  6.5%

  $4,781,126

  7%

  $4,439,617

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,116,744

  Geo Method

  $5,116,744

• Alternative Use

  Use

  Valuation

  Residential

  $4,781,126

  Hospitality

  $4,379,486

  Educational

  $3,643,681

  Medical

  $3,768,992

  Retail

  $5,667,948

Location Insight

City

Huntington Station

County

Suffolk

State

New York

Latitude

40.8461

Longitude

-73.4068

CBSA code

35620

CBSA name

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

Property Tax & Assessments

FAQs

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