Mixed-Use Property with
For Sale
$2,750,000
113-119 Jericho Turnpike, Floral Park, NY 11001
Two commercial units and two apartments combine retail space with residential occupancy in a single income-producing property.
Property Size6,900 SF
Price / SF$1,145
Days on Market91
Property Features for 113-119 Jericho Turnpike
General Information
Standard status
Active
Size
6,900 SF
Property subtype
Commercial
Net Operating Income
$127,800
Financials
Asking Price
$2,750,000
Cap Rate
4.7%
Gross Income
$141,600
Units
Unit Mix
2 x 2BR
Multifamily Units
2
Additional Details
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$29,479
Building Details
Building Size
6,900 SF
Year Built
2006
Tenancy
Multi
Listing Agency:
Kingsland Properties
(646) 267-3979
Listed By:
Sergey Babayev M · License #10301223235
(646) 267-3979
Source:
Alexandermadisonhomes
Added: Jun 1
Changed: Aug 29
Last Checked: Aug 29 at 8:08PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kingsland Properties
Investment Insights
Based on property information with market context.
Located at 113-119 Jericho Turnpike in Floral Park, NY, this mixed-use property was built in 2006 and combines commercial and residential components. The first floor contains two commercial units of approximately 1,200 SF each, with full basements providing additional space. Two 2-bedroom apartments occupy the second floor.
The property also includes a 60' x 60' parking lot, adding dedicated off-street parking to the commercial and residential configuration. The asset has a 4.7% cap rate based on the available financial information and offers a combination of storefront and apartment space within one building.
The property also includes a 60' x 60' parking lot, adding dedicated off-street parking to the commercial and residential configuration. The asset has a 4.7% cap rate based on the available financial information and offers a combination of storefront and apartment space within one building.
Key Highlights
- Two commercial units of approximately 1,200 SF each
- Full basements serving both commercial units
- Two 2‑bedroom apartments on the second floor
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,972
Businesses Nearby
169k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 54%
Dining 31%
Office Supplies 11%
Electronics 5%
Dollar Tree
Shops & Services
35,926 visits/mo
0.4 miles
Staples
Office Supplies
18,494 visits/mo
0.3 miles
Wendy's
Dining
17,613 visits/mo
0.2 miles
Starbucks
Dining
17,269 visits/mo
0.4 miles
7-Eleven
Shops & Services
10,047 visits/mo
0.4 miles
Demographics for 11001, NY
27,662
Population
8,923
Households
3.1
Avg Household Size
43
Median Age
53%
College-Educated
91%
High-School Grad
2.2 sq mi
ZIP Area
12,574
Density / Sq Mi
$144,755
Median Household Income
$66,053
Median Earnings
$2,196
Median Rent
$714,600
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two commercial units and two apartments combine retail space with residential occupancy in a single income-producing property.
Where is this mixed-use property located?
The property is located at 113-119 Jericho Turnpike Floral Park, NY.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: Two commercial units of approximately 1,200 SF each; Full basements serving both commercial units; Two 2‑bedroom apartments on the second floor
