Property profile

612 Jericho Tpke 612 New Hyde Park, NY 11040

FOR LEASE
Retail space
Property ID
US63-2804479-01
Built 1898
Entity Owned 4-yr Hold
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Property summary

AI-generated overview

Discover an exceptional opportunity to lease a highly visible retail space in the bustling New Hyde Park corridor. Perfectly positioned along a high-traffic commercial strip, this location offers outstanding exposure, convenient parking, and easy access from major roadways including Jericho Turnpike and Hillside Avenue. Featuring an open floor plan, large storefront windows, and excellent signage potential, the space is ideal for a wide range of uses — from boutique retail and professional services to wellness, or specialty concepts. Surrounded by national retailers, restaurants, and thriving local businesses, the property benefits from strong daily foot and vehicle traffic and a dense residential population. bikeScore: 51, Bikeable walkScore: 89, Very Walkable transitScore: 64, Good Transit

Property profile

Verified
Property type Retail space
Year built 1898
UPID US63-2804479-01

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Supply Store Professional Services

Location

612 Jericho Tpke, Unit 612 New Hyde Park, NY 11040
New Hyde Park metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request

Owner & transaction history

since 2022
1 recorded transaction
2022
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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