1174 Jericho Tpke Commack, NY 11725-3003
Property Lookup
Property profile & analytics
1174 Jericho Tpke Commack, NY 11725-3003
- Banks
- 0.72 lot acres
Property ID
US63-0220173
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.
Location Intelligence
Current Use by Public Records
- Savings Bank Brooklyn Federal / Bank / Loan Service
Property Details for 1174 Jericho Tpke
- Lot size
- 0.72 lot acres
- Property type
- Banks
- APN
- 0800-093.00-03.00-002.000
- APU
- 800093000300002000
Description
This exceptional investment opportunity presents a 2,200 square foot bank building situated on a 0.75-acre lot at 1174 Jericho Turnpike in Commack, NY 11725. The property boasts a strong net operating income (NOI) of $216,435, yielding a 6.10% capitalization rate. The building features 24 parking spaces and benefits from over 150 feet of frontage on a highly visible, lighted T-intersection with an average daily traffic count exceeding 22,451 vehicles. The property is zoned for Neighborhood Business use and enjoys a prime location in a high-income, high-traffic area. The current tenant, a corporate-backed bank with 150 branches in NY/NJ, holds a 20-year lease with five years remaining and four 5-year options. This branch holds $44 million in deposits and is the second largest of seven Investors Bank branches in Suffolk County. Lease renewals include a 13% increase. This is a rare opportunity to acquire a stable, high-performing asset with significant long-term potential. The asking price is $3,550,000, translating to $1,613.64 per square foot.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,715,000
- ML approach
- $2,960,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Commack
- County
- Suffolk
- State
- New York
- Longitude
- -73.2665
- Latitude
- 40.8459
- 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
$4,000
$8,000
$12,000
-
$4,598
$9,195
$13,793
