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Property profile & analytics
OFF-MARKET
Turn key restaurants
234 Jericho Tpke, Huntington Station, NY 11746-3628
Entity Owned
18-yr Hold
Absentee Owner
Free & Clear
Property ID
US63-0887767
Property summary
AI-generated overview
This exceptional 1,500 square foot office space, located at 234 W Jericho Turnpike in Huntington Station, NY 11746, presents a fantastic opportunity for a variety of businesses. Situated on the second floor of a two-story building, this unit boasts excellent visibility from West Jericho Turnpike, with over 30,000 vehicles passing daily, ensuring high exposure for your business. The space is ideal for medical, traditional, or creative office uses, offering a versatile layout adaptable to diverse needs. Ample parking is available with 40 spaces on-site for employees and clients. Internal features include a private bathroom and a water fountain, adding convenience and comfort. Separate gas and electric meters provide efficient utility management. The building consists of one structure with no elevators. This is a multi-tenant building with 1,500 square feet currently available. Don't miss this chance to establish your presence in a high-traffic location with convenient amenities.
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Lot
0.2 ac (8,712 SF)
Zoning code
C6
APN
0400-195.00-02.00-006.000
UPID
US63-0887767
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Pro Physical Therapy Medical Clinic
-
Dr Eric S Studley & Associates, Inc Insurance Agency
-
Preetika Gupta Dental Office
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CityMD Huntington Station Urgent Care- Long Island Medical Clinic
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Dr. Aida Becker, MD Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Robert E Scolly Realty Co · 18 yrs held
Robert E Scolly Realty Co
since 2008
1 recorded transaction
Zoning & alternative use
C6 · Huntington Station, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Huntington Station submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Huntington Station submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Assessed value
$1,400
Assessed 2023
Previous assessed
$1,400
+0.0% YoY
Assessed land
$1,400
Land market value
$2,545
Total market value
$2,545
Applied tax rate
472,613.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Heating
NONE
Lot
0.2 ac (8,712 SF)
Zoning code
C6
APN
0400-195.00-02.00-006.000
UPID
US63-0887767
Jurisdiction
SUFFOLK
Metro division
NASSAU-SUFFOLK, NY METROPOLITAN DIVISION
Zoning & alternative use
C6 · Huntington Station, NY
Zoning C6 · permitted uses
C6 · Huntington Station, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Huntington Station. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.2 ac
Current owner
From public records · entity-resolved
Robert E Scolly Realty Co
Entity
Free & Clear · 18 yrs held
Mailing address
75 LLOYD LN, LLOYD HARBOR, NY 11743-9781
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 14, 2008
$3,100,000
Robert E Scolly Realty Co
Krimitsos,c
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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