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Investment Highlights
- Situated on a 0.32-acre parcel, the Subject Property will consist of sixteen (16) residential apartments over 1,964 SF of ground-floor retail.
- The Huntington Station LIRR Train Station is located minutes away, providing direct access to Manhattan and serving as a commuter hub.
- This offers investors and builders a rare chance to capitalize on Huntington Station’s ongoing revitalization.
Executive Summary
Marcus & Millichap is proud to present for sale 1291 New York Avenue (“the Subject Property”), a mixed-use development site located in the heart of Huntington Station, NY.
Situated on a 0.32-acre parcel, the Subject Property will consist of sixteen (16) residential apartments over 1,964 square feet of ground-floor retail space. This development offers investors and builders a rare chance to capitalize on Huntington Station’s ongoing revitalization, strong renter demand, and limited new supply.
The site is strategically positioned along New York Avenue, one of the area’s primary commercial corridors, and benefits from exceptional visibility and daily traffic. The property is surrounded by a robust mix of national retailers including Home Depot, Old Navy, Marshalls, 7-Eleven, and numerous other regional and local operators that drive consistent consumer activity. Additionally, the Huntington Station LIRR Train Station is located just minutes away, providing direct access to Manhattan and serving as a major employment and commuter hub for the region.
The surrounding demographics further underscore the strength of this offering. More than 84,000 residents live within a three-mile radius, with an average household income exceeding $171,000 — a profile that supports both strong residential absorption and durable retail tenancy.
This is a compelling opportunity for developers seeking a well-located project in a high-barrier-to-entry Long Island sub-market experiencing meaningful public and private investment.
Situated on a 0.32-acre parcel, the Subject Property will consist of sixteen (16) residential apartments over 1,964 square feet of ground-floor retail space. This development offers investors and builders a rare chance to capitalize on Huntington Station’s ongoing revitalization, strong renter demand, and limited new supply.
The site is strategically positioned along New York Avenue, one of the area’s primary commercial corridors, and benefits from exceptional visibility and daily traffic. The property is surrounded by a robust mix of national retailers including Home Depot, Old Navy, Marshalls, 7-Eleven, and numerous other regional and local operators that drive consistent consumer activity. Additionally, the Huntington Station LIRR Train Station is located just minutes away, providing direct access to Manhattan and serving as a major employment and commuter hub for the region.
The surrounding demographics further underscore the strength of this offering. More than 84,000 residents live within a three-mile radius, with an average household income exceeding $171,000 — a profile that supports both strong residential absorption and durable retail tenancy.
This is a compelling opportunity for developers seeking a well-located project in a high-barrier-to-entry Long Island sub-market experiencing meaningful public and private investment.
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Freestanding
Building Size
27,591 SF
Building Class
C
Year Built
1977
Tenancy
Single
Building Height
3 Stories
Building FAR
1.98
Lot Size
0.32 AC
Opportunity Zone
Yes
Zoning
C6
Frontage
58’ on New York Ave
Amenities
- Commuter Rail
Moderately walkable
60/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0400-147-00-01-00-009-001 | Improvements Assessment | $0 |
| Land Assessment | $2,000 | Total Assessment | $2,000 |
Property Taxes
Parcel Number
0400-147-00-01-00-009-001
Land Assessment
$2,000
Improvements Assessment
$0
Total Assessment
$2,000
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