Open-Plan Office
For Sale
Contact for pricing
234 W Jericho Turnpike, Huntington, NY 11746
Second-floor workspace features an adaptable open layout and natural light.
Property Size1,300 SF
Price / SF$2.62
Days on Market28
Property Features for 234 W Jericho Turnpike
General Information
Standard status
Active
Size
1,300 SF
Property subtype
Office
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Floor
2
Property Use
Office
Listing Agency:
Silverpoint Realty LLC
Listed By:
Stacy L. Leone · License #10491207037
(516) 582-0502
Source:
Neilcharlesrealestate
Added: Oct 6
Changed: Oct 30
Last Checked: Oct 30 at 2:08AM
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 Silverpoint Realty LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
A 1,300-square-foot office unit occupies the second floor of a commercial building at 234 W Jericho Turnpike. Its open-plan configuration allows flexible workspace arrangements, with natural light reaching the interior.
The corner property fronts W Jericho Turnpike and a second street, at an intersection. On-site parking is provided in an expansive lot, and the grounds are landscaped.
The corner property fronts W Jericho Turnpike and a second street, at an intersection. On-site parking is provided in an expansive lot, and the grounds are landscaped.
Key Highlights
- 1,300‑square‑foot second‑floor office unit
- Open‑plan layout supports flexible workspace arrangements
- Corner location at an intersection, with frontage on two streets
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,354
Suggested Prices Based on Cap Rates
Cap Rate 5%
$447,080
$447.1K
Cap Rate 7%
$319,343
$319.3K
Cap Rate 9%
$248,378
$248.4K
Market Conditions
NOI Build-Up for 1,300 SF
Gross rent
$36.3K $27.96/SF
− Vacancy
−$6.5K −$5.03/SF
EGI
$29.8K $22.93/SF
− OpEx
−$7.5K −$5.73/SF
NOI
$22.4K $17.20/SF
Area
Suffolk County, NY
Vacancy
18.00%
Lease Rate
$27.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$447,080
Cap Rate 7%
$319,343
Cap Rate 9%
$248,378
Alternative Uses
Best Use
Office B
$319.3K
$279.4K – $372.6K
NOI $22,354 @ 7.0% cap · market cap 657.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$396.0K
$346.5K – $462.1K
NOI $27,723 @ 7.0% cap · market cap 815.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,255
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
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Second-floor workspace features an adaptable open layout and natural light.
Where is this office unit located?
The property is located at 234 W Jericho Turnpike Huntington, NY.
What are key features of this property?
This property features: 1,300‑square‑foot second‑floor office unit; Open‑plan layout supports flexible workspace arrangements; Corner location at an intersection, with frontage on two streets
