1870 Jericho TpkeHuntington, NY 11743
- Mixed-use properties
- 2.60 AC
Property Details for 1870 Jericho Tpke
- Lot size
- 2.60 AC
- Zone code
- C6
- Property type
- Mixed-use properties
- Property subtype
- Other investment properties
- APN
- 0400-214.00-02.00-004.001
- APU
- 400214000200004001
Description
This exceptional 3,800 square foot retail space, located at 1870 East Jericho Turnpike in Suffolk County, presents a remarkable opportunity. Situated in a heavily trafficked retail corridor, this Class A property boasts a modern design, incredibly high ceilings, and a large private outdoor patio. Built in 1991, this two-story building offers a total of 33,000 square feet, with this particular space ideally suited for a restaurant or retail store. The location on East Jericho Turnpike, near East Deer Park Road, ensures high visibility and accessibility for customers. The flexible layout allows for customization to suit various business needs. The space is part of a multi-tenant building, offering a vibrant and bustling atmosphere. This prime location and modern design make it an exceptional opportunity for businesses seeking high foot traffic and strong brand visibility. The property's modern design and high ceilings create a welcoming and spacious environment. The private patio adds significant value, providing an outdoor space for customers to enjoy. Don't miss this chance to establish your business in a thriving retail environment.
Valuation
by Realmo methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $23,218,504
- 6.5%
- $21,432,464
- 7%
- $19,901,574
-
Comparable approach
- Method
- Valuation
- Relative Method
- $22,936,944
- Geo Method
- $22,936,944
-
Alternative Use
- Use
- Valuation
- Residential
- $21,432,464
- Hospitality
- $19,632,022
- Educational
- $16,333,612
- Medical
- $16,895,350
- Retail
- $25,407,842








Location Insight
- City
- Huntington
- County
- Suffolk
- State
- New York
- Latitude
- 40.8361
- Longitude
- -73.3337
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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