1789 New York AveHuntington Station, NY 11746

  • Strip malls
  • 1.20 AC
For Lease
$35/SF/YR View listing

Property Details for 1789 New York Ave

Lot size
1.20 AC
Property type
Strip malls
Property subtype
Neighborhood centers
APN
0400-143.00-03.00-041.001
APU
400143000300041001

Description

Huntington Crossroads, located at 1789 New York Ave in Huntington Station, NY 11746, presents a unique opportunity for retail businesses. This established neighborhood shopping center boasts a total of 13,863 square feet across eight suites, situated on a 1.19-acre lot. Currently, 1,254 square feet are available for lease, offering a chance to join a thriving retail environment. The two-story building, constructed in 1951, provides ample parking with 49 spaces. The center enjoys a high-traffic location on New York Avenue, a major thoroughfare in Huntington Station. Existing tenants include well-established businesses such as Domino's, H&R Block, a fish market, and a deli, creating a strong synergy and established customer base. The property is zoned C6 and features a Suffolk County APN of 0400-143-00-03-00-041-001. This well-maintained property offers excellent visibility and accessibility, making it an ideal location for a variety of retail uses. The available space totals 2,434 square feet, providing flexibility for various business needs. Don't miss this chance to secure a prime retail space in a bustling Huntington Station location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $12,703,921
    6.5%
    $11,726,696
    7%
    $10,889,075
  • Comparable approach

    Method
    Valuation
    Relative Method
    $17,211,246
    Geo Method
    $17,211,246
  • Alternative Use

    Use
    Valuation
    Residential
    $9,891,907
    Hospitality
    $9,060,934
    Educational
    $7,538,590
    Medical
    $7,797,854
    Retail
    $11,726,696

Location Insight

City
Huntington Station
County
Suffolk
State
New York
Latitude
40.8392
Longitude
-73.413
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
-
$3,500
$11,800
$15,300
-
$6,364
$21,455
$27,819

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