400 New York Avenue- Brochure by The Agency

400 New York Avenue

DESCRIPTION:

Rareopportunitytoownamixed-usebuildingononeofthemostbustlingstreetsinHuntingtonVillage, nexttoBesitoRestaurantandjustablocksouthofTheParamount.This2,614sq.ft.propertyfeaturesa first-floorrestaurantwithanopenlayout,ampleseating,afullbar,twobathrooms,andafullyequipped kitchenwithpreparea.

Upstairsaretwo1-bedroomapartmentsbuiltin2025,eachwithductlessheatingandcooling,afull bathroom,andawasher/dryer.Thebuildingincludesabrand-newfiresprinklersystemonalllevels.The basementhousesmechanicalequipment,awalk-inbox,andstorage.Accessibleparkingisavailable behindthebuilding.

Fullyoccupied,thispropertyisidealforanowner-operatororinvestorseekingaprimeHuntington Villagelocation.

HIGHLIGHTS:

High-visibility location

Strong commuter access

Dense surrounding population

Walkable amenities

Proximity to waterfront

Minutes to Huntington LIRR

NOI(CURRENT)

OCCUPANCY

PRICEPSF

Financial Summary

LISTPRICE

WELL-BALANCEDMIXED-USECONFIGURATIONFEATURING ONECOMMERCIALRESTAURANTTENANTANDTWONEWLY BUILTRESIDENTIALAPARTMENTS.

THERESIDENTIALUNITSWERECONSTRUCTEDIN2025AND FEATUREDUCTLESSHVAC,IN-UNITLAUNDRY,ANDMODERN FINISHES,APPEALINGTOHIGH-QUALITYTENANTS.

THECOMMERCIALSPACEINCLUDESAFULLBAR,KITCHEN, ANDPREPAREA-IDEALFORLONG-TERMRESTAURANT OPERATIONS.

ALLUNITSAREFULLYLEASED,DELIVERINGIMMEDIATECASH FLOWANDOPERATIONALSTABILITYFORBOTHINVESTORS ANDOWNER-USERS.

Pride of Ownership

LOCATEDINTHEHEARTOFHUNTINGTONVILLAGE,ONEOF LONGISLAND’SMOSTDESIRABLEDOWNTOWNS,THIS PROPERTYCOMMANDSPREMIUMRENTSANDLONG-TERM VALUE.

POSITIONEDDIRECTLYNEXTTOTHEHIGH-PERFORMING BESITORESTAURANTANDJUSTONEBLOCKSOUTHOFTHE PARAMOUNTTHEATER,AMAJORREGIONALDRAW. PRIDEOFOWNERSHIPISEVIDENTTHROUGHRECENT RENOVATIONS,ABRAND-NEWFIRESPRINKLERSYSTEM,AND MODERNMECHANICALUPGRADESTHROUGHOUTTHE BUILDING.

WITHAFULLYSTABILIZEDRENTROLLANDASTRONGCAP RATEOF5%,THISASSETPRESENTSARAREOPPORTUNITYTO OWNANINCOME-PRODUCINGPROPERTYINADENSE, WALKABLE,ANDAFFLUENTSUBMARKET.

Location Summary

SituatedattheheartofHuntingtononLongIsland’sNorthShore,400 NewYorkAveoffersunmatchedaccesstoavibrantmixofcultural, commercial,andlifestyleamenities.Thepropertyisjustminutesfrom theHuntingtonLIRRstation,whichservesover11,000dailyriders, connectingtheareadirectlytoNewYorkCityandsurrounding regions.RegionalattractionssuchastheWaltWhitmanShops,along withestablishedgroceryandretaildestinations,helpsustainsteady consumertrafficandbroadenthetradeareareach.Nearby HuntingtonHospitalandthecorporateofficesalongtheRoute110 corridor,includingCanonUSA’sheadquarters,bolsterdaytime activityandeconomicstability.Inadditiontoretailandemployment anchors,thepropertyisclosetorecreationaldestinationssuchas HeckscherPark,HuntingtonHarbor,andlocalbeaches,enhancingits appealforbothbusinessandleisure.

Local Businesses

IntheheartofHuntingtonVillage,thepropertyissurroundedby locallyownedshops,acclaimedrestaurants,andboutiqueretailers thatkeepthestreetsactivefrommorningtonight.TheParamount Theaterdrawssteadycrowdsforconcerts,comedyshows,and specialevents,whilediningdestinationssuchasBesito,FarmItaly, Prime,andLittleVincent’sPizzaanchortheculinaryscene, complementedbyfavoriteslikeOaxacaMexican,andPiccolo. Specialtyshops,artgalleries,andcaféslineNewYorkAvenueand MainStreet,offeringadistinctivemixthatattractsbothlocalsand visitors.Signatureevents—includingtheHuntingtonHoliday Spectacular,theweeklyFarmersMarket,andSummerintheStreets —alongwithseasonalfestivalsandparades,ensurealively commercialenvironmentyear-round.