Corner Retail Building with
137 Broadway Huntington Station, NY 11746
For Sale
$1,300,000
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 Market118
Property Features for 137 Broadway
General Information
- Standard status
- Active
- Size
- 2,400 SF
- Lot size
- 0.25 Acres
- Property subtype
- Commercial
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: Jul 23 at 5:30PM
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
EL CUSCATLECO
Bar & Pub
Akra Haitian Deli
Restaurant
Similar Off Market Nearby
- Main Street Nursery Florist Landscapes — 210 Broadway, Huntington Station, NY 11746
FAQs
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
