63 Depot RdHuntington Station, NY 11746

Property Details for 63 Depot Rd

Lot size

0.60 AC

Zone code

C6

Property type

Office properties

Property subtype

Office buildings

APN

0400-146.00-02.00-023.001

APU

400146000200023001

Description

This exceptional investment opportunity presents a unique portfolio of two buildings in Huntington Station, NY. The primary asset is a +/- 10,340 square foot medical office building situated on a 0.6-acre lot. This single-story building offers approximately 20 parking spaces and is zoned C6, allowing for a variety of uses, including potential medical applications. Annual property taxes are $23,982. A sale-leaseback option may be available. The second building, a +/- 3,240 square foot warehouse, is located on a separate 0.12-acre lot and features a 12-foot clear ceiling height and a 10' x 10' overhead door. Its annual property taxes are $5,756. Both buildings can be purchased individually or together, contingent upon the sale of the office building first. The buildings share the same APN: 0400-146.00-02.00-023.001. This presents a compelling opportunity for owner-users or investors seeking a diverse portfolio in a desirable Suffolk County location. Pricing is available upon request. The property is located at 63 Depot Rd, Huntington Station, NY 11746.

• CAP approach

  CAP return

  Valuation

  6%

  $5,132,609

  6.5%

  $4,737,792

  7%

  $4,399,379

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,414,930

  Geo Method

  $3,414,930

• Alternative Use

  Use

  Valuation

  Residential

  $5,874,863

  Hospitality

  $5,381,343

  Educational

  $4,477,214

  Medical

  $4,631,192

  Retail

  $6,964,556

Location Insight

City

Huntington Station

County

Suffolk

State

New York

Latitude

40.849

Longitude

-73.4095

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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