Jericho Turnpike Investment
17 E Jericho Tpke Huntington, NY 11746
17 E Jericho Tpke, Huntington, NY, 11746
$5,300,000
For Sale
$5,300,000
19,000 SF building on Jericho Turnpike, Huntington, NY.
Property Size19,000 SF
Lot Size0.55 Acres
Price / SF$278.95
Days on Market135
Property Features for 17 E Jericho Tpke
General Information
- Standard status
- Active
- Size
- 19,000 SF
- Lot size
- 0.55 Acres
- Property subtype
- Commercial
Listing agency
Precise Building Technologies
(516) 567-0241
Listed by
Joy B. Kannett · License #NY 01234567
(516) 567-0241
Source
Elliman
Added: Mar 10 Updated: Jul 10 at 11:29AM Checked: Jul 21 at 8:46AM
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 Precise Building Technologies
Investment Insights
Based on property information with market context.
This 19,000 square foot building is located on Jericho Turnpike, near Route 110. The property is divided into a 4,570 square foot showroom, a 1,540 square foot office, and a 10,175 square foot warehouse, with an additional 36.17 square feet of attic storage space. The building is fully occupied by a single tenant under a triple net lease, offering a 7.84% cap rate and a net operating income of $580,000.
Key Highlights
- Prime investment opportunity on Jericho Turnpike
- Substantial 19,000 Sq. Ft. building
- 100% occupied with one tenant
Local Financial Insights For Office B
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 | $456.0k | $24.00 |
| − Vacancy | −$91.7k | −$4.82 |
| EGI | $364.3k | $19.18 |
| − OpEx | −$91.1k | −$4.79 |
| NOI | $273.3k | $14.38 |
19,000 SF · lease $24.00/SF/yr · vacancy 20.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.90M
$3.42M – $4.55M
NOI $273,258 @ 7.0% cap · market cap 5.16%
Second Best
Retail
$3.68M
$3.22M – $4.29M
NOI $257,690 @ 7.0% cap · market cap 4.86%
Theoretical Best
Office A
$5.20M
$4.55M – $6.07M
NOI $364,344 @ 7.0% cap · market cap 6.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Showrooms
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - 19,000 SF building on Jericho Turnpike, Huntington, NY.
Where is this mixed-use property located?
The property is located at 17 E Jericho Tpke Huntington, NY.
What is the asking price?
The asking price for this property is $5,300,000.
What are key features of this property?
This property features: Prime investment opportunity on Jericho Turnpike; Substantial 19,000 Sq. Ft. building; 100% occupied with one tenant
