1080 New York Ave Huntington Station, NY 11746
Newly built mixed-use property with ground-floor retail and sixteen one-bedroom apartments plus parking garage.
- Added:
- Jul 9, 2026
- Days on Market:
- 4
- Last Refresh:
- Jul 10 at 2:55 am
Property Features for 1080 New York Ave
General Information
- Standard status
- Active
- Size
- 24,500 SF
- Lot size
- 0.23 Acres
- Property subtype
- Mixed-Use
Listing office Marcus & Millichap - Manhattan (212) 430-5196
Listing date Jul 9, 2026
Source Marcusmillichap
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All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Manhattan
Investment Insights
Based on property information with market context.
The property is located at 1080 New York Avenue in Huntington Station, NY, and is described as being near national retailers including Home Depot, Old Navy, Marshalls, and 7-Eleven. The Huntington Station LIRR Train Station is also identified as being within a short distance.
This offering combines new residential design with street-level retail within a single parcel, providing a straightforward multi-use configuration for investors or operators seeking both apartment and commercial income streams.
Key Highlights
- Mixed‑use property at 1080 New York Avenue, Huntington Station, NY, built in 2023
- Approximately 24,500 SF on a 0.23‑acre parcel, including 16 one‑bedroom/one‑bath apartments and 2 ground‑floor retail units
- In‑unit washer/dryer, quartz countertops, vinyl flooring, gas cooking, and a balcony or private porch in each apartment unit
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $735.0k | $30.00 |
| − Vacancy | −$50.7k | −$2.07 |
| EGI | $684.3k | $27.93 |
| − OpEx | −$205.3k | −$8.38 |
| NOI | $479.0k | $19.55 |
