Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    905 E Jericho Tpke Huntington Station, NY

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    One-story retail building featuring five individual storefronts.

    Type:RETAIL
    Property size:
    5,100 SF
    Lot size:
    0.46 Acres
    Price / SF:
    $529/SF
    Added:
    Dec 2, 2024
    Days on Market:
    512
    Last Refresh:
    Apr 5 at 10:02 pm

    Property Features for 905 E Jericho Tpke

    General Information

    Standard status
    Active
    Size
    5,100 SF
    Lot size
    0.46 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Ryan Rodger

    Listing agent Ryan Rodger

    Listing office United Properties Corp.

    Listing date Dec 2, 2024

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of United Properties Corp.

    Overview

    Retail Building With Five Stores

    This is a one-story retail building containing five stores. The property offers a total area of 5,100 square feet and is located in Huntington Station, NY.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Desi zaika (Bike/Boat/Book/etc) Store Taimur Grocery Enterprises ... Grocery & Convenience Store U-Haul Neighborhood Dealer Car Rental Facility Well SPA Alternative Medicine Practice Klouds Sports memorabilia ... (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Huntington Station
    County
    Suffolk
    State
    New York
    Longitude
    -73.3766
    Latitude
    40.8355

    Nearby Similar for Sale

    • $3,099,000

      Retail Strip Center For Sale

      Retail strip center with five units and on-site parking.
      146 W Jericho Turnpike, Huntington Station, NY 11746
      View Details
    • $1,900,000

      Church Building in Huntington Station

      Well-maintained church with spacious sanctuary and full basement.
      203 E Pulaski Road, Huntington Station, NY 11746
      View Details
    • $1,500,000
      1,850 SF

      Commercial Property with Drive-Up Window

      Commercial property suitable for food, retail, or bank use.
      76 E Pulaski Road, Huntington Station, NY 11746
      View Details
    • $1,200,000

      Huntington Station Commercial Property

      Commercial property in prime Huntington Station location, suitable for end-user.
      1849 New York Ave, Huntington Station, NY 11746
      View Details
    • $1,900,000

      Church Building with Prime Location

      Well-maintained church with spacious sanctuary and full basement.
      203 E Pulaski Road, Huntington Station, NY 11746
      View Details
    • $750,000
      2,400 SF

      Retail Space on Jericho Turnpike

      Well-maintained retail building with high visibility on Jericho Turnpike.
      250-252 W Jericho Tpke, Huntington Station, NY
      View Details
    • Contact for pricing
      10,340 SF

      Industrial Buildings For Sale

      Two industrial buildings available for purchase in Huntington Station.
      63 Depot Rd, Huntington Station, NY
      View Details
    • $3,099,000

      Retail Strip Center For Sale

      Retail strip center with five units and on-site parking.
      146 W Jericho Turnpike, Huntington Station, NY 11746
      View Details
    • $1,465,000
      1,400 SF

      Huntington Station Retail Investment Gem

      Retail shops on Jericho Turnpike with mixed-use potential.
      260 E Jericho Turnpike, Huntington Station, NY 11746
      View Details
    • Contact for pricing
      8,930 SF

      Suffolk Long Island Retail Property

      Retail property in a high-income, high-traffic Long Island location.
      159-161 W Hills Rd, Huntington Station, NY
      View Details
    • $1,699,000
      2,600 SF

      Restaurant Building with Private Parking

      Restaurant property with frontage, private parking, and owner financing.
      1711 New York Ave, Huntington Station, NY
      View Details
    • $3,250,000
      14,258 SF

      Renovated Flex/Industrial Space For Sale

      Renovated flex/industrial space with parking and drive-in access.
      284-286 Broadway, Huntington Station, NY
      View Details

    FAQs

    What type of property is this?
    Retail space - One-story retail building featuring five individual storefronts.
    Where is this retail space located?
    The property is located at 905 E Jericho Tpke Huntington Station, NY.
    What is the asking price?
    The asking price for this property is $2,700,000.
    What are key features of this property?
    This property features: One story retail building; Features 5 stores
    (516) 223-6200 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Ryan Rodger
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!