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400 New York Ave 3,240 SF 100% Leased Retail Building Huntington, NY 11743 $2,949,000 ($910.19/SF) 5.01% Cap Rate
Investment Highlights
- Heavy daytime foot traffic
- Prime Location
- Renovated 2025
Executive Summary
Rare opportunity to own a mixed-use building on one of the most bustling streets in Huntington Village, next to Besito Restaurant and just a block south of The Paramount. This 2,614 sq. ft. property features a first-floor restaurant (currently being renovated) with an open layout, ample seating, a full bar, two bathrooms, and a fully equipped kitchen with prep area. Upstairs are two 1-bedroom apartments built in 2025, each with ductless heating and cooling, a full bathroom, and a washer/dryer. The building includes a brand-new fire sprinkler system on all levels. The basement houses mechanical equipment, a walk-in box, and storage. Accessible parking is available behind the building. Fully occupied, this property is ideal for an owner-operator or investor seeking a prime Huntington Village location.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| 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 - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| 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
Restaurant
Building Size
3,240 SF
Building Class
B
Year Built
1962
Price
$2,949,000
Price Per SF
$910.19
Cap Rate
5.01%
NOI
$147,781
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.24
Lot Size
0.06 AC
Zoning
C6 - C-6 is the General Business District, allowing mixed-use development with ground-floor commercial and residential above
Frontage
23’ on New York Ave
Amenities
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Lasanga
- -
- -
-
$9.99
-
Lorem Ipsum
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Lasanga | - | - | $9.99 | Lorem Ipsum | - |
Walk Score®
Walker's Paradise (93)
Nearby Major Retailers
Property Taxes
| Parcel Number | 0400-096-00-01-00-042-000 | Total Assessment | $4,000 (2024) |
| Land Assessment | $3,000 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $1,000 (2024) | Tax Year | 2025 Payable 2025 |
Property Taxes
Parcel Number
0400-096-00-01-00-042-000
Land Assessment
$3,000 (2024)
Improvements Assessment
$1,000 (2024)
Total Assessment
$4,000 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025 Payable 2025
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400 New York Ave
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