State Street Plaza | 1200 E Jericho Tpke
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State Street Plaza 1200 E Jericho Tpke
10,476 SF 80% Leased Retail Building Huntington, NY 11743 £4,157,373 (£397/SF) 6.11% Net Initial Yield
Investment Highlights
- Please contact Frank Mannino for more information | 917 696 7396
Executive Summary
Berkshire Hathaway Commercial Services is proud to bring to market 1200 E Jericho Tpke, a retail strip in Huntington, NY.
The building is 10,476 SF of retail with the majority of the space being occupied except for one vacant unit. The strip benefits from a parking lot with 50 surface spots, a new roof, and every unit is fully equipped with a sprinkler system. The dry cleaners’ equipment has also been updated. Their original SSDS System has been shut down and replaced with a wind-driven blower.
This high-visibility property offers exceptional exposure on East Jericho Turnpike, one of the busiest thoroughfares in Suffolk County with 27,548 vehicles driving by per day. Ideally positioned with excellent access to Route 110 and the Northern State Parkway. This site is perfect for businesses looking to capitalize on the constant flow of traffic and the surrounding affluent residential neighborhoods.
The property is surrounded by a mix of local retailers, national brands, restaurants, and essential services. In addition to being a short drive from Huntington Village—a cultural and entertainment hotspot featuring the famous Paramount Theatre—the area provides a thriving mix of commercial brands, including Stop & Shop and Wendy’s.
Seize the chance to own a piece of Huntington's thriving commercial landscape. Contact us for more details on this exceptional property today!
The building is 10,476 SF of retail with the majority of the space being occupied except for one vacant unit. The strip benefits from a parking lot with 50 surface spots, a new roof, and every unit is fully equipped with a sprinkler system. The dry cleaners’ equipment has also been updated. Their original SSDS System has been shut down and replaced with a wind-driven blower.
This high-visibility property offers exceptional exposure on East Jericho Turnpike, one of the busiest thoroughfares in Suffolk County with 27,548 vehicles driving by per day. Ideally positioned with excellent access to Route 110 and the Northern State Parkway. This site is perfect for businesses looking to capitalize on the constant flow of traffic and the surrounding affluent residential neighborhoods.
The property is surrounded by a mix of local retailers, national brands, restaurants, and essential services. In addition to being a short drive from Huntington Village—a cultural and entertainment hotspot featuring the famous Paramount Theatre—the area provides a thriving mix of commercial brands, including Stop & Shop and Wendy’s.
Seize the chance to own a piece of Huntington's thriving commercial landscape. Contact us for more details on this exceptional property today!
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
10,476 SF
Building Class
B
Year Built
1960
Price
£4,157,373
Price Per SF
£397
Net Initial Yield
6.11%
NOI
£254,015
Percent Leased
80%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.24
Land Acres
1.00 AC
Zoning
C-6 - Districts permit a wide range of high-bulk commercial uses requiring a central location
Parking
50 Spaces (4.77 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
PROPERTY TAXES
| Parcel Number | 0400-208-00-02-00-019-002 | Improvements Assessment | £5,687 |
| Land Assessment | £3,726 | Total Assessment | £9,413 |
PROPERTY TAXES
Parcel Number
0400-208-00-02-00-019-002
Land Assessment
£3,726
Improvements Assessment
£5,687
Total Assessment
£9,413
-
Frank Mannino -
Berkshire Hathaway Commercial Services
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State Street Plaza | 1200 E Jericho Tpke
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