820 Jericho Tpke Huntington Station, NY 11746
This exceptional investment opportunity presents a 4,300 square foot, fully occupied (100%) retail strip center located at 820 E Jericho Turnpike in Huntington Station, NY. The property boasts four tenants with a stabilized investment profile, featuring a 6.06% cap rate and a Net Operating Income (NOI) of $105,988. Built in 1984, this single-story, Class C building sits on a 0.28-acre lot and includes 10 on-site parking spaces. The property benefits from a prime location on a busy roadway with over 35,595 vehicles passing daily, surrounded by established neighborhood amenities and national credit tenants such as Dunkin' Donuts and a Volkswagen dealership. Tenants enjoy a gross lease structure with 3% annual rent bumps, ensuring consistent income growth. The property is zoned for commercial use and offers a fee simple ownership structure. This is an ideal acquisition for investors seeking a stable, high-performing retail asset in a desirable location. The asking price is $1,750,000, translating to $406.98 per square foot. The property's proximity to Walt Whitman Road and the Walt Whitman Shopping Mall further enhances its appeal and potential for future growth. The property's APN is 0400-204-00-02-00-056-000.
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Lynda Baker Realty Real Estate Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.