Corner Retail Building with
For Sale
$1,300,000
137 Broadway, Huntington Station, NY 11746
Corner retail building with two fully leased stores and a private parking lot for approximately 15–20 vehicles.
Property Size2,400 SF
Lot Size0.25 Acres
Price / SF$541.67
Days on Market129
Property Features for 137 Broadway
General Information
Standard status
Active
Size
2,400 SF
Total Parking Spaces
20
Lot size
0.25 Acres
Property subtype
Commercial
Occupancy
100%
Building Details
Tenancy
Multi
Listing Agency:
NYC ELITE HOMES INC
(917) 539-3131
Listed By:
Muhammad Tariq
(917) 539-3131
Source:
Elliman
Added: Mar 29
Changed: Jul 23
Last Checked: Aug 4 at 4:27AM
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 NYC ELITE HOMES INC
Investment Insights
Based on property information with market context.
This prime corner commercial property includes a 2,400 SF building currently configured as two fully leased retail stores. The 0.25-acre lot features a private parking lot with approximately 15–20 parking spaces. The property is zoned commercial, with redevelopment potential that should be verified with the Town of Huntington.
Located on Broadway in Huntington Station, the site is described as being about one minute from the Huntington LIRR station and benefits from excellent visibility. The public remarks also note strong traffic counts and an area undergoing downtown revitalization.
With two separate retail tenants in place, the building offers a straightforward retail setup alongside dedicated on-site parking. BikeScore and walkScore are listed as 62 and 76 respectively, with a transitScore of 39 in the available materials.
Located on Broadway in Huntington Station, the site is described as being about one minute from the Huntington LIRR station and benefits from excellent visibility. The public remarks also note strong traffic counts and an area undergoing downtown revitalization.
With two separate retail tenants in place, the building offers a straightforward retail setup alongside dedicated on-site parking. BikeScore and walkScore are listed as 62 and 76 respectively, with a transitScore of 39 in the available materials.
Key Highlights
- 2,400 SF corner commercial building with two fully leased retail stores
- 0.25‑acre lot includes a private parking lot for approximately 15–20 vehicles
- Located about one minute from the Huntington LIRR station
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 | $72.0k | $30.00 |
| − Vacancy | −$5.0k | −$2.07 |
| EGI | $67.0k | $27.93 |
| − OpEx | −$20.1k | −$8.38 |
| NOI | $46.9k | $19.55 |
2,400 SF · lease $30.00/SF/yr · vacancy 6.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$670.3K
$586.5K – $782.0K
NOI $46,922 @ 7.0% cap · market cap 3.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$731.2K
$639.8K – $853.0K
NOI $51,181 @ 7.0% cap · market cap 3.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
950
Businesses Nearby
8k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
7-Eleven
Shops & Services
5,492 visits/mo
0.3 miles
Signarama
Shops & Services
1,485 visits/mo
0.4 miles
Enterprise Rent-A-Car
Shops & Services
829 visits/mo
0.3 miles
Demographics for 11746, NY
69,040
Population
22,528
Households
3.1
Avg Household Size
40
Median Age
50%
College-Educated
90%
High-School Grad
24.1 sq mi
ZIP Area
2,865
Density / Sq Mi
$158,309
Median Household Income
$66,581
Median Earnings
$1,907
Median Rent
$664,900
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Corner retail building with two fully leased stores and a private parking lot for approximately 15–20 vehicles.
Where is this storefront property located?
The property is located at 137 Broadway Huntington Station, NY.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 2,400 SF corner commercial building with two fully leased retail stores; 0.25‑acre lot includes a private parking lot for approximately 15–20 vehicles; Located about one minute from the Huntington LIRR station
