Three-Two-Story Medical Office
For Sale
Contact for pricing
152 East Main Street, Huntington, NY 11743
Three two-story medical office structures total about 13,759 square feet on roughly one acre in Huntington.
Property Size13,759 SF
Lot Size0.99 Acres
Price / SF$464.79
Days on Market50
Property Features for 152 East Main Street
General Information
Standard status
Active
Size
13,759 SF
Total Parking Spaces
56
Lot size
0.99 Acres
Property subtype
Office
Zoning
C3
Investment Type
Owner/User
Net Operating Income
$399,143
Building Details
Buildings
3
Stories
2
Tenancy
Multi
Listing Agency:
Select Real Equity Advisors
Listed By:
John Thomas · License #NY 4308582
Source:
Crexi
Added: Jul 9
Changed: Aug 14
Last Checked: Aug 26 at 2:53AM
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 Select Real Equity Advisors
Investment Insights
Based on property information with market context.
The property includes approximately 13,759 square feet across three two-story medical office structures. The buildings are situated on approximately 0.99 acres within the Town of Huntington.
The address is 152 East Main Street, Huntington, NY, and the location is described as being in close proximity to Huntington Hospital/Northwell Health and Huntington Village.
This configuration provides a multi-building medical office setup, offering flexibility for office users within a consolidated site.
The address is 152 East Main Street, Huntington, NY, and the location is described as being in close proximity to Huntington Hospital/Northwell Health and Huntington Village.
This configuration provides a multi-building medical office setup, offering flexibility for office users within a consolidated site.
Key Highlights
- Three two‑story medical office structures totaling approx. 13,759 SF
- Located at 152 East Main Street in Huntington, NY
- Property sits on approx. 0.99 acres in the Town of Huntington
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$197,882
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.09%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,957,640
$4.0M
Cap Rate 7%
$2,826,886
$2.8M
Cap Rate 9%
$2,198,689
$2.2M
Market Conditions
NOI Build-Up for 13,759 SF
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.
Gross rent
$330.2K $24.00/SF
− Vacancy
−$66.4K −$4.82/SF
EGI
$263.8K $19.18/SF
− OpEx
−$66.0K −$4.79/SF
NOI
$197.9K $14.38/SF
Area
Livingston County, NY
Vacancy
20.10%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,957,640
Cap Rate 7%
$2,826,886
Cap Rate 9%
$2,198,689
Alternative Uses
Best Use
Office B
$2.83M
$2.47M – $3.30M
NOI $197,882 @ 7.0% cap · market cap 3.09%
Second Best
Healthcare Medical
$2.74M
$2.40M – $3.20M
NOI $191,789 @ 7.0% cap · market cap 3.00%
Theoretical Best
Office A
$3.77M
$3.30M – $4.40M
NOI $263,843 @ 7.0% cap · market cap 4.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
290
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 11743, NY
41,522
Population
16,138
Households
2.6
Avg Household Size
47
Median Age
64%
College-Educated
96%
High-School Grad
25.7 sq mi
ZIP Area
1,616
Density / Sq Mi
$173,014
Median Household Income
$75,618
Median Earnings
$2,397
Median Rent
$748,200
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Three two-story medical office structures total about 13,759 square feet on roughly one acre in Huntington.
Where is this medical office space located?
The property is located at 152 East Main Street Huntington, NY.
What is the asking price?
The asking price for this property is $6,395,000.
What are key features of this property?
This property features: Three two‑story medical office structures totaling approx. 13,759 SF; Located at 152 East Main Street in Huntington, NY; Property sits on approx. 0.99 acres in the Town of Huntington
