Dan Abbondandolo
Executive Director
Cushman & Wakefield
269 Old Walt Whitman Road
269 Old Walt Whitman Road | Huntington Station, NY
Retail
Single-Tenant NN Lease Retail Asset with Contractual Growth
Asking Price
$5,600,000Cap Rate
6%Building Size
±9,600 SFSite Area
±0.78 AcresAsking Price$5,600,000
01 — Executive Summary
Property Overview
Cushman & Wakefield is pleased to offer for sale 269 Old Walt Whitman Road, a newly renovated, single-tenant NN retail asset located in Huntington Station, New York. The Property is situated on approximately 0.78 acres, comprising 9,600 square feet above grade with a full 9,600-square-foot basement and 32 on-site surface parking spaces. Furniture Concepts, LLC, operating as Fortunoff Backyard Store, recently executed a brand new 10-year lease, featuring three five-year renewal options and contractual 10% rent increases every five years. This offering provides investors with long-term contractual income, tenant reimbursement of real estate taxes and insurance, scheduled rental growth, and a recently completed renovation within one of Suffolk County's most established retail trade areas.
02 — Investment Highlights
01
Long-Term NN Lease with Contractual Growth
Initial lease term extends through December 31, 2036, with three additional five-year renewal options. The lease includes 10% contractual rent increases every five years, with a stabilized annual rent of $364,800 beginning January 1, 2027.
02
Tenant Expense Reimbursements
The tenant reimburses 100% of real estate taxes and landlord's property-insurance premiums. The NN lease structure limits day-to-day ownership responsibilities, with the tenant responsible for utilities, refuse, and interior maintenance.
03
Newly Renovated Freestanding Retail Asset
The property features ±9,600 square feet above grade plus a full ±9,600-square-foot basement, situated on approximately 0.78 acres with 32 on-site surface parking spaces. A recently completed renovation and tenant buildout enhance the asset's appeal.
04
Established Route 110 Retail Location
Prominently positioned immediately off Route 110, one of Long Island's principal commercial corridors, and directly across from the Walt Whitman Shops trade area. The location offers convenient access to major roadways and is surrounded by regional retail, restaurants, and employment centers.
03 — Asset Specifications
PROPERTY TYPE
Single-Tenant Retail
TENANT
Furniture Concepts, LLC d/b/a Fortunoff Backyard Store
ABOVE-GRADE BUILDING AREA
±9,600 SF
BASEMENT AREA
±9,600 SF
YEAR BUILT
1980
YEAR RENOVATED
2026
PARKING
±32 On-Site Surface Spaces
LEASE STRUCTURE
NN
LEASE EXPIRATION
12/31/2036
RENEWAL OPTIONS
Three 5-Year Options
RENT INCREASES
10% Every Five Years
TAX REIMBURSEMENT
100%
INSURANCE REIMBURSEMENT
100%
MUNICIPALITY
Town of Huntington
SECTION / BLOCK / LOT
232 / 400 / 11.1
04 — Property Gallery
05 — Location Overview
Route-110 Retail Corridor
—
The Property is strategically positioned immediately off the Route 110 retail corridor, one of Long Island's primary north-south commercial arteries, and directly across from Walt Whitman Shops, a major regional shopping destination. This location offers convenient connectivity to Jericho Turnpike, the Long Island Expressway, and Northern State Parkway.
Confidential Materials
Access
Confidential
Materials
Review the public brochure or request access to the Confidential Offering Memorandum, financial model, rent roll, and supporting diligence materials via the secure deal room.
269 Old Walt Whitman Road
269 Old Walt Whitman Road
Access is subject to qualification and execution of a Confidentiality Agreement.
06 — Broker Contacts
Exclusively
Marketed By
Cushman & Wakefield has been retained as exclusive advisor for the disposition of 269 Old Walt Whitman Road.
Cushman & Wakefield
cushmanwakefield.com
Joegy Raju
Director
Cushman & Wakefield
Victor Little
Senior Associate
Cushman & Wakefield
Additional Transaction Team
Lincoln Cioffi
Associate
Cushman & Wakefield
Cushman & Wakefield Copyright 2026. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s).