Project Description

For Sale: Retail Building in East Northport, NY

3021 Jericho Turnpike, East Northport, NY 11731

Executive Summary:

Price: $1,899,000
Building Size: 9,520 SF
Property Type: Retail Storefront
Lot Size: 0.71 Acres
Year Built: 1979
Cap Rate: 6.64%
NOI: $126,175
Location:
53021 Jericho Tpke
East Northport, NY 11731

Investment Highlights

  • Consists of 7,300 SF Retail Space & 2,200 SF Storage Space
  • Located on The Busy Jericho Turnpike
  • Strong Traffic Counts: 37,000 VPD
  • Surrounded by Other Retail Amenities
  • Available 1,300 SF of Retail Space
  • 6,980 SF is Owner-Occupied (Storage, Mezzanine & Ground Space)
  • 1/4 Mile From Huntington Mall & Home Depot

Investment Summary

American Investment Properties is retained to sell 3021 Jericho Turnpike, East Northport, New York. At this location is a 7,300 SF retail strip center features, 2,200 SF of mezzanine storage space. The property is owner-occupied. The owner occupies 1,300 SF of ground space, 2,220 SF mezzanine space, and 3,480 SF of storage space.

The property sits on the busy Jericho Turnpike which sees over 37,000 vehicles per day. It’s a quarter mile from Huntington Mall, Home Depot, and surrounded by other neighborhood amenities. For more information on the income, please see the rent roll and financial analysis.

About East Northport, NY

East Northport is located in Suffolk County on Long Island, New York. It resides in the Township of Huntington.

East Northport is a great place to live and work because of its excellent residences, beautiful surroundings, and plenty of quality homes and establishments. East Northport is known as one of the fastest growing counties in New York.

The East Northport Chamber of Commerce offers an annual festival that gives opportunity for the local residents to enjoy and have fun featuring different activities like magic shows, sidewalk sales, exhibits, craft vendors, great food, petting zoo, bicycle stunt shows, amusement rides and games, live entertainment, street performers, etc.

Contact Broker

Ron Koenigsberg - Commercial Real Estate BrokerRon Koenigsberg, CCIM
President
Ron@aiprops.com
(O) 516.393.2300
(F) 516.390.5780

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