Pinetree Plaza | 146 W Jericho Tpke
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Pinetree Plaza 146 W Jericho Tpke
7,650 SF 100% Leased Retail Building Huntington Station, NY 11746 £2,448,241 (£320/SF) 5.64% Net Initial Yield
Executive Summary
THIS FREE STANDING RETAIL BUILDING, FRONTAGE 125FT ON W. JERICHO TPKE. 5 COMMERCIAL UNIT RETAIL STRIP CENTER WITH 32 ON-SITE PARKING SPACES. FULLY OCCUPIED , HAIR SALON, SPA, NAIL SHOP, PIZZA/RESTAURANT. ALL TENANTS HAVE A LEASE BASE TERM PLUS OPTIONS AND ANNUAL ESCALATIONS. TRIPLE NET LEASE. THIS INCOME-PRODUCING BUILDING IS SURROUNDED BY GOOD NEIGHBORHOODS, HIGHLY DESIRABLE AREAS, AND EXPERIENCE HIGH TRAFFIC. PLEASE CONTACT LISTING AGENT 201-600-6049/ ANN KIM FOR MORE DETAILS AND QUESTIONS
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
7,650 SF
Building Class
C
Year Built
1995
Price
£2,448,241
Price Per SF
£320
Net Initial Yield
5.64%
NOI
£138,137
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.31
Land Acres
0.57 AC
Zoning
C6
Parking
32 Spaces (4.18 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Dedicated Turn Lane
- Pylon Sign
Walk Score ®
Very Walkable (83)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 0400-195-00-03-00-053-002 | Improvements Assessment | £4,740 |
| Land Assessment | £3,160 | Total Assessment | £7,900 |
PROPERTY TAXES
Parcel Number
0400-195-00-03-00-053-002
Land Assessment
£3,160
Improvements Assessment
£4,740
Total Assessment
£7,900
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Young Kim -
Promise Realty LLC
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Pinetree Plaza | 146 W Jericho Tpke
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