284-286 Broadway, Huntington Station, NY
Renovated flex/industrial space with parking and drive-in access.
- Added:
- Nov 21, 2023
- Days on Market:
- 937
- Last Refresh:
- May 19 at 9:09 pm
Property Features for 284-286 Broadway
General Information
- Standard status
- Active
- Size
- 14,258 SF
- Lot size
- 1.00 Acre
- Property subtype
- INDUSTRIAL
Listing agent Christopher R. Mayor License #NY 10401293904 (631) 513-2000
Listing office Island Associates Real Estate, Inc. (631) 513-2000
Listing date Nov 21, 2023
Source Moodyscre
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 Island Associates Real Estate, Inc.
HighLights
- Recent HVAC renovations in 2 units
- New roof installed in 2021 on 2 units
- 4 Drive‑in doors (10’w x 10’ h)
- 20 parking spaces
- Zoned I5
- High traffic count of 13,092 daily
Overview
Local Financial Insights For Warehouse
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 | $273.8k | $19.20 |
| − Vacancy | −$16.7k | −$1.17 |
| EGI | $257.1k | $18.03 |
| − OpEx | −$38.6k | −$2.70 |
| NOI | $218.5k | $15.32 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Huntington Station
- County
- Suffolk
- State
- New York
- Longitude
- -73.4
- Latitude
- 40.8576
