Mixed-Use Property with
For Sale
$1,000,000
149 Depot Rd, Huntington Station, NY 11746
Two-building configuration combines ground-floor commercial space, an existing apartment, and C6 & R5 zoning.
Property Size3,070 SF
Lot Size0.33 Acres
Price / SF$325.73
Days on Market195
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Property Features for 149 Depot Rd
General Information
Standard status
Active
Size
3,070 SF
Lot size
0.33 Acres
Property subtype
Mixed-Use
Additional Details
Public Transit
Yes
Multifamily Units
1
Amenities
The subject property rests on a 0.33-acre parcel with approximately +/- 4,700 square feet of space.
Consists of two buildings, a mixed-use building, with ground floor commercial space and an apartment on the second floor, and a garage, with an apartment to be built on the second floor, in the rear.
Additionally, the Huntington Station LIRR Train Station is located just minutes away, providing direct access to Manhattan and serving as a major employment and commuter hub for the region.
Building Details
Buildings
2
Units
4
Listed By:
Mike Tuccillo · License #License(s): NY: 10301217094, NY: 10491208938
(212) 430-5196
Source:
Marcusmillichap
Added: Apr 4
Changed: Oct 10
Last Checked: Oct 14 at 7:45PM
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 Mike Tuccillo
Investment Insights
Based on property information with market context.
This mixed-use property comprises approximately 3,070 square feet on a 0.33-acre parcel and includes two separate buildings. The primary structure places commercial space at ground level with an apartment above, while the rear garage includes an apartment planned for its second floor. The property was built in 1940 and carries C6 & R5 zoning.
The site is near major commercial corridors and is surrounded by retailers including Home Depot, Old Navy, Marshalls, and 7-Eleven. Huntington Station LIRR is minutes away, offering direct service to Manhattan and access to a significant regional employment and commuter center. More than 86,000 residents live within three miles, with average household income exceeding $171,000.
The site is near major commercial corridors and is surrounded by retailers including Home Depot, Old Navy, Marshalls, and 7-Eleven. Huntington Station LIRR is minutes away, offering direct service to Manhattan and access to a significant regional employment and commuter center. More than 86,000 residents live within three miles, with average household income exceeding $171,000.
Key Highlights
- 0.33‑acre parcel with approximately +/- 3,070 square feet
- Two‑building property with commercial space, an existing apartment, and a garage
- Rear garage includes an apartment planned for the second floor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,022
Cap Rate
6.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,200,440
$1.2M
Cap Rate 7%
$857,457
$857.5K
Cap Rate 9%
$666,911
$666.9K
Market Conditions
NOI Build-Up for 3,070 SF
Gross rent
$92.1K $30.00/SF
− Vacancy
−$6.4K −$2.07/SF
EGI
$85.7K $27.93/SF
− OpEx
−$25.7K −$8.38/SF
NOI
$60.0K $19.55/SF
Area
Suffolk County, NY
Vacancy
6.90%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,200,440
Cap Rate 7%
$857,457
Cap Rate 9%
$666,911
Alternative Uses
Best Use
Retail
$857.5K
$750.3K – $1.00M
NOI $60,022 @ 7.0% cap · market cap 6.00%
Second Best
Mixed Use
$780.7K
$683.2K – $910.9K
NOI $54,652 @ 7.0% cap · market cap 5.47%
Theoretical Best
Office A
$935.3K
$818.4K – $1.09M
NOI $65,469 @ 7.0% cap · market cap 6.55%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
972
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-building configuration combines ground-floor commercial space, an existing apartment, and C6 & R5 zoning.
Where is this mixed-use property located?
The property is located at 149 Depot Rd Huntington Station, NY.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 0.33‑acre parcel with approximately +/- 3,070 square feet; Two‑building property with commercial space, an existing apartment, and a garage; Rear garage includes an apartment planned for the second floor
