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19188753
19188754

460 E Jericho Tpke, Huntington Station, NY 11746, Huntington Station, NY 11746

CC
NY NY 10491203246
Sovereign Realty Group
Listed by Sovereign Realty Group
$5,500,000
691 days on market
Updated 0 days ago

Last Remaining 2 Acres On E Jericho Tpke, Huntington Station

Details
Property Type Land
Sub Type Commercial, Residential
Broker Co-Op Yes
Acreage 2.000
Zoning C6 & R10
Ownership Fee Simple

Owner will subdivide and lease the property as well

Marketing description

This site is the last remaining property with 2 acres in this section of Jericho Turnpike. The property is located 1.90 miles East of Route 110 and The Shoppes At Walt Whitman, a 1.1M square foot shopping mall. Both buildings are leased short term to medical tenants with vacate clauses in their lease allowing the Buyer to collect income while a redevelopment plan is executed. The property has a total of 252 feet of frontage along Jericho Turnpike which could allow for a multi-tenant net leased development as well as a single tenant. Possible Uses Automobile Dealerships, Self Storage, Medical, Multi-tenant retail, or Mixed Use and Recreational / Sports tenants. Ownership will consider either selling or leasing all or a portion of the site depending on the needs of a Buyer or Tenant. Nearly 200,000 people live within a 5 mile radius. The Median Household Income of those residents is about $115,0000 per annum. This property is located among Huntington’s Car Dealer Row. Daily traffic counts exceed 34,000 cars.

Investment highlights

  • The last remaining property with 2 acres in this section of East Jericho Turnpike.

  • The property is located 1.90 miles East of Route 110 and The Shoppes At Walt Whitman, a 1.1M square foot shopping mall

  • Short term lease allows simpler redevlopment plan

  • 252 Feet Frontage

  • Possible Uses include Automobile Dealerships, Self Storage, Medical, Multi-tenant retail, or Mixed Use and Recreational / Sports tenants.

  • Owner will consider dividing and leasing

Listing Contacts

CC
NY NY 10491203246
Sovereign Realty Group
Listed by Sovereign Realty Group

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Additional Information

Name
Clem Cote'
License
NY 10491203246
Brokerage Phone
5163409696
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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