Remarks

First time this building is being offered as real estate alone. C-3 zoning. A lot of history in this building! Potential rent on first floor as restaurant/bar - $108,000/year plus triple net. Potential rent for second floor office space - single use - $36,000/year. Puts this listing at a 7 cap. Future potential for the building needs to be verified with the town of Huntington. Surrounded by mixed use properties with retail on first floor and 2 additional stories for residential rentals. Endless possibilities. Prime location in Huntington with a lot of pedestrian and auto traffic. Wall Street has been closing down each year between Thanksgiving and New Years for holiday celebration! -
brings in thousands of visitors. PLUS all the action happens on this street throughout the year since it is a town owned street. The most sought after street in the Village. This is your opportunity to own a piece of Wall Street! In a 1031 Exchange? - Owner can move quickly to accommodate your needs.

Details

MLS#: 841853
Price: $1,999,000

Style: Mixed Use
Sq Ft: 3000
Year Built: 1860

County: Suffolk County
Tax Fee: 20303.81