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    Property profile & analytics

    333 Jericho Tpke Huntington Station, NY 11746-7343

    • Investment properties
    • 0.70 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-4190775
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • skin M aesthetics / Laser Hair Removal Service / Facial Spa
    • Anthony DeFranco Salon (Huntington Station) / Beauty Salon
    • Beach Bum Tanning & Airbrush Salon / Tanning Salon
    • Everlashing Studio / Laser Hair Removal Service / Hair Removal Service

    Property Details for 333 Jericho Tpke

    Lot size
    0.70 lot acres
    Zone code
    C6
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    0400-201.00-01.00-149.001
    APU
    400201000100149001

    Description

    This exceptional 7,872 square foot retail property, situated on a prominent corner lot at 333 E Jericho Turnpike in Huntington, offers a fantastic leasing opportunity. Currently featuring 4,050 square feet of vacant space, divisible to a minimum of 2,025 square feet, this single-story building boasts a prime location with excellent street visibility. Built in 1995, the property includes 50 parking spaces, ensuring ample convenience for customers. The vacant space is fully built-out as a high-end hair salon, complete with finished ceilings (14 feet high), central air conditioning, drop ceilings, and emergency lighting. Utilities are separately metered. The owner is open to subdividing the space to accommodate smaller tenants, potentially ideal for similar professional services businesses. The property's C6 zoning provides flexibility for a variety of retail uses. This is an anchor space with excellent street view and ample parking, making it an ideal location for a thriving business. The 0.75-acre lot ensures ample space and visibility. This is a rare opportunity to secure a well-appointed retail space in a high-traffic area.

    Value Estimations

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Huntington Station
    County
    Suffolk
    State
    New York
    Longitude
    -73.3976
    Latitude
    40.8304
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $0.00
    $4,700
    $10,800
    $15,500
    -
    $8,545
    $19,636
    $28,181

    Comparable in this City

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      0.25 Acres

      710-712 Jericho Tpke

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    • Value Estimation by Request
      2.90 Acres

      295 Jericho Tpke

      STORE/OFFICE (MIXED USE) • 2.90 Acres
      295 Jericho Tpke, Huntington Station, NY 11746-3667
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      0.59 Acres

      271 Jericho Tpke

      STORE/OFFICE (MIXED USE) • 0.59 Acres
      271 Jericho Tpke, Huntington Station, NY 11746-7335
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    • Value Estimation by Request
      0.57 Acres

      702 Jericho Tpke

      STORE/OFFICE (MIXED USE) • 0.57 Acres
      702 Jericho Tpke, Huntington Station, NY 11746-7515
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    • Value Estimation by Request
      0.31 Acres

      380 Jericho Tpke

      STORE/OFFICE (MIXED USE) • 0.31 Acres
      380 Jericho Tpke, Huntington Station, NY 11746-7321
      View Details
    • Value Estimation by Request
      0.57 Acres

      200 Jericho Tpke, Unit 212

      STORE/OFFICE (MIXED USE) • 0.57 Acres
      200 Jericho Tpke, Huntington Station, NY 11746-3614
      View Details

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    Huntington Station, NY 11746-7343
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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.

    Alternative use

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

    More about this property
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