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864 W Jericho Tpke

9,000 SF Office Building Huntington, NY 11743 $4,700,000 ($522/SF)

Investment Highlights

  • Please contact Guy Canzoneri for more details | 516 607 7722
  • Fully Equipped Operating Room

Executive Summary

Berkshire Hathaway Commercial Services is honored to have been selected as the Exclusive Brokerage
representing the sale of 864 W Jericho Turnpike in Huntington, NY. This is a very unique offering that is
ripe for a medical user that can benefit from having an onsite Operating Room. Currently the building is
occupied by Associated Plastic Surgeons and Consultants, who will be vacating upon a sale.
864 W. Jericho offers 9000 SF of Class A medical space divided over two floors. As you enter the building
you will be pleasantly surprised by the exquisite waiting and reception area. You will feel as if you
entered the living room of a multi million dollar home. Attention to detail is everywhere making the first
impression a lasting one. From the featured wooden paneled wall, to the high end furniture and even
the high hat lighting that fills the room, your clients will know immediately they have entered a first
class facility. As you approach the reception area you will undoubtedly notice the high end finishes that
offers a custom tiled counter with granite countertops that continue throughout the entire office.
The remainder of the first floor offers multiple consultation/exam rooms, a smaller Operating Room,
multiple executive offices, an administrative office area, four bathrooms and endless storage. All of
which have been finished with the utmost attention to detail.
As you enter the custom finished elevator you will once again notice the fine woodwork which makes
up the interior of the elevator cab. As you exit the elevator to the lower level, you feel as if you have
entered the waiting room to a high end hospital. Again, the artwork, furniture and overall finishes
resemble something out of a country club not a surgical center. It is here that you will find the Main
Operating Room and all it offers. From the overhead surgery lights to the valves and other components
that are used to control the gases and ensure the safe administration of anesthesia. The remainder of
the lower level offers recovery rooms, as well as additional treatment rooms currently used for a
MedSpa. There is also additional storage for convenience.
As part of the offering there is a vacant medical suite of approximately 1000 SF. You could either rent it
separately to offset your building expenses or combine the space with the main suite to allow for even
more usable space. The vacant suite can be accessed separately or attached to the main space based
on your needs.
This is a tremendous opportunity to acquire not only a medical building but a full blown, in house
surgical center. Imagine having to reposition an existing office building to include everything you have
at 864 W Jericho Turnpike. It's all here. Please call us to set up a walk through and experience this high
end facility for yourself.

Taxes & Operating Expenses (Actual - 2024)

Annual Annual Per SF
Taxes $40,430 $4.49
Operating Expenses $34,743 $3.86

Taxes & Operating Expenses (Actual - 2024)

Taxes
Annual $40,430
Annual Per SF $4.49
Operating Expenses
Annual $34,743
Annual Per SF $3.86
Total Expenses
Annual $75,173
Annual Per SF $8.35

Property Facts

Sale Type
Owner User
Property Type
Office
Property Subtype
Medical
Building Size
9,000 SF
Building Class
B
Year Built
1995
Price
$4,700,000
Price Per SF
$522
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,500 SF
Slab To Slab
12’
Building FAR
0.33
Lot Size
0.62 AC
Zoning
Commercial
Parking
26 Spaces (2.89 Spaces per 1,000 SF Leased)

Amenities

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0400-189-00-03-00-032-001
Land Assessment
$4,500 (2023)
Improvements Assessment
$5,500 (2023)
Total Assessment
$10,000 (2023)
Annual Taxes
$40,430 ($4.49/SF)
Tax Year
2024
  • Listing ID: 33789906

  • Date on Market: 11/7/2024

  • Last Updated:

  • Address: 864 W Jericho Tpke, Huntington, NY 11743

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