234 New York Ave Huntington, NY 11743-2748
This exceptional 7,700 square foot industrial building presents a unique investment opportunity in the desirable Huntington Village, conveniently located north of Route 25A. Boasting a prime location, this versatile property offers significant potential for a variety of commercial uses. Currently configured as a single large space with 16-foot high ceilings, the building is easily adaptable for subdivision into multiple rental units, catering to diverse business needs. Its history as a successful rug store for 25 years speaks to its inherent functionality and strong location. The property features four bathrooms strategically placed throughout the building for convenience. With excellent street frontage, the building offers three entrances on New York Avenue and an additional entrance and service/delivery entrance on Gibson Avenue, ensuring easy access and ample loading capabilities. Constructed in 1968, the building sits on a sizable 0.23-acre lot, providing ample outdoor space. Its enviable location between Huntington Harbor and the vibrant Downtown Huntington Village on New York Avenue guarantees high visibility and accessibility. This property represents a rare opportunity to acquire a well-maintained, versatile commercial building in a highly sought-after location. The substantial size, multiple entrances, and ample parking make this an ideal investment for both owner-occupiers and investors seeking a strong return.
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The John Khalil Collection Carpet & Flooring Store Home Decor Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
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
C6 · Huntington, NYHuntington. Always verify with local authorities before improvements.
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.