3041 Jericho Tpke East Northport, NY 11731
Property profile & analytics
3041 Jericho Tpke East Northport, NY 11731
- Investment properties
- 0.25 lot acres
Property ID
US63-2141018
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
- 7-Eleven / Grocery & Convenience Store
- Western Union / Bank / Credit Union
- ATM 7ELEVEN, INC. / Bank / Loan Service
- Amazon Hub Locker - Mason / Postal Service / Courier Service
Property Details for 3041 Jericho Tpke
- Lot size
- 0.25 lot acres
- Zone code
- C6
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 0400-217.00-02.00-084.000
- APU
- 400217000200084000
Description
This exceptional investment opportunity presents a fee-simple, Class A, 2,624 square foot, single-tenant retail property located at 3041 Jericho Turnpike, East Northport, NY 11731. The property is currently 100% occupied by a 7-Eleven, operating under an absolute NNN lease with a corporate guarantee, providing zero landlord responsibilities. The lease features a remaining term of approximately 7.4 years, expiring March 31, 2032, with a built-in 10% rent increase every five years, the next occurring in 2027. The current annual net operating income (NOI) is $264,632, resulting in a 5.50% cap rate. The property boasts a highly visible location on a hard signalized corner of Jericho Turnpike, a major thoroughfare with over 36,500 vehicles per day, and benefits from excellent accessibility. The surrounding area features a strong retail presence, including national brands such as Taco Bell, Starbucks, Walgreens, Trader Joe's, Whole Foods, Home Depot, Target, and AutoZone. This prime location is situated in a densely populated area of Long Island, NY, with a population of over 200,000 within a 5-mile radius. The tenant, 7-Eleven, holds an AA- S&P credit rating and operates over 68,000 locations nationwide. The asking price for this exceptional investment is $4,811,295. This is a rare opportunity to acquire a high-quality, low-maintenance, and highly profitable net lease investment.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $4,550,000
- ML approach
- $4,830,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- East Northport
- County
- Suffolk
- State
- New York
- Longitude
- -73.3227
- Latitude
- 40.8395
- 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
$5,000
$3,000
$8,000
-
$9,091
$5,455
$14,546
