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431 New York Ave
Huntington, NY 11743
Retail Property For Sale
Investment Highlights
- Redevelopment opportunity for Mixed Use Building in Huntington Village.
- Legal 2 Family.
- Great Parking.
Executive Summary
This price is for 431 NY Ave property only. 2 Contiguous Properties 431 NY Ave & 17 Crescent Drive are available for $2,699,000. Total acreage 1.06. Total Taxes approximately $27,000. 431 NY Avenue has an existing retail space and apartment above. Plans are in the application process to redevelop just the 431 NY Ave Parcel to 6 apartments and approximately 2,900sf of commercial space conforming to current building codes and parking requirements. 17 Crescent Drive is a Legal 2 Family can be renovated to maximize investment.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,079 SF
Building Class
C
Year Built
1950
Price
$2,444,841 CAD
Price Per SF
$1,175.97 CAD
Cap Rate
9.53%
NOI
$232,973 CAD
Percent Leased
Vacant
Building Height
1 Story
Building FAR
0.09
Lot Size
0.56 AC
Zoning
C - Commercial district zone
Frontage
200’ on New York Ave
Property Taxes
| Parcel Number | 0400-096-00-02-00-032-000 | Improvements Assessment | $2,047 CAD |
| Land Assessment | $2,047 CAD | Total Assessment | $4,093 CAD |
Property Taxes
Parcel Number
0400-096-00-02-00-032-000
Land Assessment
$2,047 CAD
Improvements Assessment
$2,047 CAD
Total Assessment
$4,093 CAD
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