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    Renovated Mixed-Use Property with Garage Title is generated by Realmo AI

    34 Dewey Street, Huntington, NY 11743

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    Claim this Listing
    New
    For Sale
    $2,500,000

    MULTI_FAMILY - Modern - Huntington, NY

    Property size:
    1,840 SF
    Lot size:
    0.52 Acres
    Price / SF:
    $1,358/SF
    Added:
    Jun 3, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 4 at 9:06 am

    Property Features for 34 Dewey Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    3
    Bathrooms
    4
    Rooms
    Bedroom 2, Basement, Bedroom 1, Bathroom 2, Bathroom 4, Bedroom 3, Bathroom 1, Bathroom 3
    Parking
    14
    Parking features
    Garage, Off Street, Parking Lot, Oversize
    Interior features
    Ceiling Fan(s), Eat-in Kitchen, High Speed Internet, Quartz/Quartzite Counters, Recessed Lighting, Tray Ceiling(s), Washer/Dryer Hookup
    Exterior features
    Juliet Balcony, Lighting, Mailbox, Rain Gutters
    Fireplace
    1
    Basement
    Partial, Unfinished
    Standard status
    Active
    APN
    0400-096-00-02-00-075-000
    Lot size
    0.52 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    25354

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Cooling system
    Ductless
    Water source
    Public

    Building Details

    Year built
    1920
    Number of units
    3
    Flooring type
    Wood
    Building materials
    Advanced Framing Technique, HardiPlank Type
    Architectural style
    Modern

    We can help!

    Listing Contact
    Jamie Pastorelli CBR

    Listing agent Jamie Pastorelli CBR License #40PA1101742

    Listing office Signature Premier Properties 157 E Main St, Huntington, NY

    Listing date Jun 3, 2026

    MLS# 1008686 Listing URL

    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.

    HighLights

    • Completely renovated multi‑family mixed‑use property on 0.52 acres across three lots, zoned R5 with possible subdivision
    • First floor offers 1,840 SF of office space with kitchenette and bathroom; upper levels include 2‑bedroom and 1‑bedroom apartments
    • All space is currently occupied; office space can be delivered vacant if preferred
    • Includes a lofted detached 2‑car garage plus ample parking
    • Modern interior features include wood flooring, recessed lighting, quartz/quartzite counters, and ceiling fans
    • Utilities: natural gas heating, ductless cooling; washer/dryer hookup and high‑speed internet available

    Overview

    Completely renovated mixed-use property offering a blend of first-floor office space and upper-level residential units. The first floor includes multiple office units with a kitchenette and bathroom. The upper levels provide one two-bedroom and one one-bedroom apartment. All space is currently occupied, with the option to deliver the office portion vacant if preferred. The property also features an oversized detached two-car garage with an upstairs loft, along with ample parking on the site.

    The property is situated on approximately 0.52 acres across three lots and is zoned R5. It is located at 34 Dewey Street in Huntington, Suffolk County, New York, within a village setting.

    This configuration can fit buyers seeking an owner-operator or investment structure that pairs commercial office income with residential apartments. Tenants pay utilities, which can help reduce operating expense responsibility for the owner. With the office area available for vacancy upon request, the property may also support flexible near-term occupancy planning for qualifying office users while retaining the residential component.
    Property Profile Location Intelligence

    Current Use by Public Records

    Deegan Kenneth A Law Firm Haas Herbert L Law Firm Del Robert Law Firm

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Dental Office Nail Salon Building Supply Daycare Center Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Huntington
    County
    Livingston
    State
    New York
    Longitude
    -73.42215
    Latitude
    40.867428

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    FAQs

    What type of property is this?
    Mixed-use property - Completely renovated mixed-use building with first-floor office space, two upper apartments, and a detached lofted 2-car garage.
    Where is this mixed-use property located?
    The property is located at 34 Dewey Street Huntington, NY.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: Completely renovated multi‑family mixed‑use property on 0.52 acres across three lots, zoned R5 with possible subdivision; First floor offers 1,840 SF of office space with kitchenette and bathroom; upper levels include 2‑bedroom and 1‑bedroom apartments; All space is currently occupied; office space can be delivered vacant if preferred
    (516) 238-3958
    We can help!
    Listing Contact
    Jamie Pastorelli CBR
    Real Estate License ID: 40PA1101742
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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