1200 E Jericho Tpke - Storefront FOR SALE


Huntington, NY 11743
$5,200,000 USD
516-393-2300
1200 E Jericho Tpke, Huntington, NY for Sale
$5,200,000 USD
Storefront - FOR SALE
1/5
null | 6.77% Cap Rate

1200 E Jericho Tpke
Huntington, NY 11743


HIGHLIGHTS

  • Fully-Occupied 10 Unit Retail Neighborhood Center
  • Handful of Long Term Tenants & 5+ Year Leases
  • Ample Parking to Accommodate Customers
  • High Traffic Counts: Over 33,800 VPD
  • Close Proximity From The Northern State Parkway
  • Near Other Bustling Neighborhood Amenities

OVERVIEW

At this location you'll find a 10-unit retail strip center. Also known as State Street Plaza, this property is a neighborhood staple, providing many services for local residents. This property is currently fully-occupied. State Street Plaza consists of about 50 parking spaces with one curb cut serving as an entrance/exit. This property is in a prime location. In addition to being on the busy Jericho Turnpike where over 33,800 cars drive by each day, it's only 5 minutes off the Northern State Parkway. Neighborhood amenities surround this property. Nearby you'll find car dealerships, restaurants, gas stations, and a Stop & Shop.

FOR SALE DETAILS

PRICE

$5,200,000 USD

PRICE/SF

$496 USD /SF

CAP RATE

6.77%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

State Street Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

C6

APN/PARCEL ID

0400-208-00-02-00-019-002

ASK ABOUT THIS PROPERTY

Ron KoenigsbergAmerican Investment Properties, Inc.More Info
516-393-2300

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Ron KoenigsbergAmerican Investment Properties, Inc.More Info
516-393-2300

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.