Mixed-Use Building with Office
For Sale
$2,600,000
168 Main Street, Huntington, NY 11743
Commercial Sale, Huntington, NY
Property Size6,350 SF
Lot Size0.35 Acres
Price / SF$409.45
Days on Market12
Property Features for 168 Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C3
Rooms
Basement
Parking
23
Basement
Finished, Walk-Out Access
Elementary school
Flower Hill School
Middle school
J Taylor Finley Middle School
High school
Huntington High School
Elementary school district
Huntington
Middle school district
Huntington
High school district
Huntington
Standard status
Active
APN
0400-072-00-05-00-006-002
Lot size
0.35 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
31123
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Ductless
Water source
Public
Building Details
Year built
1890
Floors in Building
4
Number of units
9
Flooring type
Laminate, Wood, Vinyl, Carpet
Building materials
Brick
Listing Agency:
Signature Premier Properties
(631) 422-3100
Listed By:
Stacy L. McFadden SRS · License #10301206471
(917) 613-9604
Added: Aug 17
Changed: Aug 27
Last Checked: Aug 28 at 9:06AM
MLS# 1039938
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use property contains 6,350 square feet across two primary floors and a finished lower level. The layout includes nine professional and medical office suites along with one legal apartment, with laminate, wood, vinyl, and carpet flooring. Brick construction, natural-gas heating, ductless cooling, public water, and public sewer serve the building.
The property occupies a corner lot on Main Street in Huntington Village and includes 23 private parking spaces at the rear. C3 zoning places it within the Huntington Hamlet Center. Capital improvements include a roof installed in 2022, Thermopane windows and a front brick extension completed in 2022, vinyl siding from 2017, and a new gas main and water meter installed in 2026.
The property occupies a corner lot on Main Street in Huntington Village and includes 23 private parking spaces at the rear. C3 zoning places it within the Huntington Hamlet Center. Capital improvements include a roof installed in 2022, Thermopane windows and a front brick extension completed in 2022, vinyl siding from 2017, and a new gas main and water meter installed in 2026.
Key Highlights
- 6,350 square feet across two floors plus a finished lower level
- Nine professional and medical office suites plus one legal apartment
- 23 private parking spaces positioned behind the building
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
$91,326
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
3.51%
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%
$1,826,520
$1.8M
Cap Rate 7%
$1,304,657
$1.3M
Cap Rate 9%
$1,014,733
$1.0M
Market Conditions
NOI Build-Up for 6,350 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
$152.4K $24.00/SF
− Vacancy
−$30.6K −$4.82/SF
EGI
$121.8K $19.18/SF
− OpEx
−$30.4K −$4.79/SF
NOI
$91.3K $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%
$1,826,520
Cap Rate 7%
$1,304,657
Cap Rate 9%
$1,014,733
Alternative Uses
Best Use
Office B
$1.30M
$1.14M – $1.52M
NOI $91,326 @ 7.0% cap · market cap 3.51%
Second Best
Mixed Use
$1.10M
$964.4K – $1.29M
NOI $77,153 @ 7.0% cap · market cap 2.97%
Theoretical Best
Office A
$1.74M
$1.52M – $2.03M
NOI $121,768 @ 7.0% cap · market cap 4.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
9
Office units
1
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
3,061
Businesses Nearby
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-floor commercial property with professional offices, an apartment, rear parking, and C3 zoning in Huntington Village.
Where is this mixed-use property located?
The property is located at 168 Main Street Huntington, NY.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: 6,350 square feet across two floors plus a finished lower level; Nine professional and medical office suites plus one legal apartment; 23 private parking spaces positioned behind the building
