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Property profile & analytics
OFF-MARKET
Bars & Pubs

234 New York Ave Huntington, NY 11743-2748

0.23 ac lot
Entity Owned 23-yr Hold ~ Est. High Equity
Property ID
US63-0116608
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Bars & Pubs
Use group NIGHTCLUB (COCKTAIL LOUNGE)
Lot 0.23 ac (10,019 SF)
Zoning code C6
APN 0400-072.00-02.00-004.000
UPID US63-0116608
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
  • The John Khalil Collection Carpet & Flooring Store Home Decor Store
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
Khalil Realty INC · 23 yrs held
Khalil Realty INC
since 2003
1 recorded transaction
2003
$650,000
Zoning & alternative use
C6 · Huntington, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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