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Listed price in listed location currency (USD).
$2,750,000

000

MLS® 1007615

  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $29,480
Days Active 0
Approx. Age 2006
MLS® Number 1007615

Property Address: 119-113-119 Jericho Tpke, Floral Park, NY, 11001-2023

Average square foot calculated using Size range provided by listing agent.

Description

113–119 Jericho Turnpike, Floral Park, NY – Prime mixed-use investment opportunity featuring two commercial units (approximately 1, 200 SF each with full basements), two 2-bedroom apartments on the second floor, and a 60' x 60' parking lot. The property generates approximately $141, 600 in annual gross income, including $96, 000 from commercial tenants and $45, 600 from residential units. Annual property taxes are approximately $32, 000, with approximately 70% of the tax burden allocated to the commercial tenants, resulting in a net operating income (NOI) of approximately $127, 800 and a 4.7% cap rate based on the $2, 750, 000 asking price. Well-located on Jericho Turnpike, this asset offers stable income and long-term investment potential.
MLS® Number1007615
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2006
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 2, 2026List Date
$2,750,000List Price
  • Commute

Commute

Starting Address
Destination Address
113-119 Jericho Tpke, Floral Park, NY

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