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460-488 E Jericho Tpke - PRIME 2 ACRE COMMERCIAL REDEVELOPMENT SITE 2 Acres of Commercial Land Offered at $5,500,000 in Huntington Station, NY 11746

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INVESTMENT HIGHLIGHTS

  • The last remaining property with 2 acres in this section of East Jericho Turnpike.
  • Short term lease allows simpler redevlopment plan
  • Possible Uses include Automobile Dealerships, Self Storage, Medical, Multi-tenant retail, or Mixed Use and Recreational / Sports tenants.
  • The property is located 1.90 miles East of Route 110 and The Shoppes At Walt Whitman, a 1.1M square foot shopping mall
  • 252 Feet Frontage
  • Owner will consider dividing and leasing

EXECUTIVE SUMMARY

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.

PROPERTY FACTS

Price $5,500,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Medical
  • Self Storage
Building Class B
Total Lot Size 2.00 AC
Cross Streets Melville Rd
Zoning C6, R-10

1 LOT AVAILABLE

Lot

Price $5,500,000
Price Per AC $2,750,000.00
Lot Size 2.00 AC

This site is the last remaining property with 2 acres in this section of Jericho Turnpike. Zoned C-6 and R-10, this site has 252 feet along East Jericho Turnpike and includes a 3,000 sf building leased short term to a physical therapist.

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. The 3,000 SF building is leased short term to a physical therapist with vacate clauses in their lease allowing the Buyer to collect income while a redevelopment plan is executed. Large Frontage The property has a total of 252 feet of frontage along East Jericho Turnpike which could allow for a multi-tenant net leased development as well as a single tenant. Possible Uses include 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.

Walk Score®
Very Walkable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 32495481

  • Date on Market: 7/17/2024

  • Last Updated:

  • Address: 460-488 E Jericho Tpke, Huntington Station, NY 11746

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