113-119 Jericho Tpke, Floral Park, NY 11001
Two commercial units plus two residential apartments with on-site parking support a diversified income stream.
- Added:
- Jun 3, 2026
- Days on Market:
- 8
- Last Refresh:
- Jun 6 at 5:47 am
Property Features for 113-119 Jericho Tpke
General Information
- Standard status
- Active
- Property subtype
- Commercial
Building Details
- Year Built
- 2006
Listing agent Sergey Babayev M License #10301223235 (646) 267-3979
Listing office KINGSLAND PROPERTIES (646) 267-3979
Listing date Jun 3, 2026
Source Elliman
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
HighLights
- 2006‑built mixed‑use property at 113‑119 Jericho Turnpike, Floral Park, NY
- Two commercial units of approximately 1,200 SF each, both with full basements
- Second‑floor residential unit mix: two 2‑bedroom apartments
- 60' x 60' on‑site parking lot
- Annual gross income of approximately $141,600: $96,000 commercial and $45,600 residential
- Estimated NOI of approximately $127,800 and 4.7% cap rate based on the $2,750,000 asking price
Overview
Set on Jericho Turnpike in Floral Park, the asset is positioned for both commercial and residential visibility and convenience, with walkScore of 79 and transitScore of 50 reported for the area. BikeScore is reported at 54, reflecting moderate bikeability. The property’s income profile is supported by commercial and residential tenants reflected in the provided annual figures.
From an ownership and leasing standpoint, the mix of commercial and residential components can appeal to operators seeking multiple revenue streams within a single building. Commercial tenants have dedicated unit space with full basements, while the second-floor apartments provide separately leased residential units. The financials provided include approximately $141,600 in annual gross income, approximately $32,000 in annual property taxes, an estimated NOI of approximately $127,800, and a stated 4.7% cap rate based on the $2,750,000 asking price.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Floral Park
- County
- Queens
- State
- New York
- Longitude
- -73.706546
- Latitude
- 40.728326
