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1789 E Jericho Tpke
Huntington, NY 11743 Elwood

$2,000,000

Office Residential For Sale  •  9,785 Sq Ft

Property Details

  • Property Type Office Residential
  • Total Building Size 9,785 Sq Ft
  • Lot Size 1 ac
  • Building Class C
  • Year Built 1947
  • Cap Rate 6.86 %
  • Tenancy Multiple
  • Zoning C6
0 Transit Score
54 Walk Score

Description

This exclusive listing brings you a multi-building investment opportunity, located on heavily traveled Jericho Turnpike in Huntington.  
This large property consists of several buildings including well known restaurant, two office buildings and a residential home.  All buildings have been completely renovated including new electrical systems, new boilers, new hot water heater and brand new roofing on the restaurant.
Long term and established tenants in the buildings make this an excellent investment piece.  Perfect for a 1031 exchange.  
*Information herein is believed correct but is not warranted and prospective purchasers are strongly encouraged to verify the accuracy of all material information and conducting due diligence.  Listing subject to change and/or withdrawal without prior notice.

Highlights

Multiple Buildings - Restaurant, Professional Offices and Residential
100% Occupied
Turn Key - Excellent Condition

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $137,295 (2018)
Cap Rate: 6.86 %
Total Expenses: $66,825

Public Transportation

Commuter RailDriveWalkDistance
Greenlawn Station Commuter Rail (Port Jefferson Branch) 8 min - 3.5 mi
Northport Station Commuter Rail (Port Jefferson Branch) 9 min - 3.9 mi
AirportDriveWalkDistance
Long Island MacArthur Airport 24 min - 14.2 mi
John F. Kennedy International Airport 45 min - 35.0 mi

Parking Details

Parking Available: No
Reserved: No
Type: Covered
Included in Rent: Yes
Michael Murphy 631-858-2405 Douglas Elliman
Michael Murphy 631-858-2405 Douglas Elliman