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308-310 Main St 11,500 SF 100% Leased Retail Building Huntington, NY 11743 $9,750,000 ($847.83/SF) 5.26% Cap Rate
EXECUTIVE SUMMARY
Turnkey Mixed-Use Asset: Three-story building with a clean, modern aesthetic and no immediate capital needs.
Diverse Income Stream: 100% occupied with 5 ground-floor retail tenants and 8 free-market apartments.
Downtown Huntington Location: Prime Main Street frontage in one of Long Island’s most walkable and amenity-rich downtowns.
Stabilized Asset in a High-Barrier Market: Consistent cash flow from well-established tenants, with built-in rent bumps and long-term upside.
Desirable Tenant Mix: Includes national and local favorites such as Burgerology and Lacrosse Unlimited, anchoring the property in a lively retail corridor.
Diverse Income Stream: 100% occupied with 5 ground-floor retail tenants and 8 free-market apartments.
Downtown Huntington Location: Prime Main Street frontage in one of Long Island’s most walkable and amenity-rich downtowns.
Stabilized Asset in a High-Barrier Market: Consistent cash flow from well-established tenants, with built-in rent bumps and long-term upside.
Desirable Tenant Mix: Includes national and local favorites such as Burgerology and Lacrosse Unlimited, anchoring the property in a lively retail corridor.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
11,500 SF
Building Class
C
Year Built
1930
Price
$9,750,000
Price Per SF
$847.83
Cap Rate
5.26%
NOI
$512,391
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.89
Lot Size
0.14 AC
Zoning
C6 - General retail
Frontage
48’ on Main St
AMENITIES
- Signage
- Signalized Intersection
- Air Conditioning
Walk Score®
Walker's Paradise (95)
NEARBY MAJOR RETAILERS
CONTACTS
-
Joegy Raju -
Daniel Abbondandolo -
Victor Little -
Robert Kuppersmith -
Cushman & Wakefield
1 of 4
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308-310 Main St
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