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Commercial and Residential Building - $2,200,000 (HUNTINGTON STATION)
condition:
excellent
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New York Ave near Jericho Turnpike
20,000 sq. ft.
off-street parking
wheelchair accessible
1. This location offers convenience, it has close proximity to bus stops, taxi service and the LIRR. This high traffic location gives existing and potential new clients access to a high foot and vehicle traffic area. convenience and close proximity to Whitman Mall and Anchor stores your This is a perfect for an EV Charging Station, Retail Stores or school location.
2. Footprint of 10,000 sq. ft. on the main level with multiple office space and additional 10,000 sq. ft. on the lower level complete with a loading dock.
3. Area parking is at a premium. This site has one of the largest parking lots around with over 50 parking spaces. You'll have more than ample parking accommodations.
4. ROI property should increase in value within a few months after closing purchase. The construction installation of sewer pipes lines is scheduled to begin December 2024.
5. Plans have already been submitted to build multi story residential 16 units apartments on top of the commercial building. This has the potential to bring in a steady stream of income and positive rent roll to help with overhead cost. On site housing can also be used as a hiring incentive for present and future staff.
In conclusion these are some of the reasons this property is an ideal fit with services and amenities that you will offer to the community. My due diligence indicates this to be a prime location and a sound financial investment acquisition. With this location being right in the middle of the Huntington Station revitalization area, it will offer a positive upside financially and moral benefits for all.
Please view the attached links. https://www.governor.ny.gov/news/governor-hochul-announces-huntington-station-10-million-long-island-winner-sixth-round