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Restaurant with Commercial Kitchen
For Sale
$458,000

1902 Jericho Turnpike, New Hyde Park, NY 11040

The dining room and kitchen support an existing restaurant operation at this Jericho Turnpike address.

Property Size4,981 SF
Price / SF$91.95
Days on Market50

Property Features for 1902 Jericho Turnpike

General Information

Standard status Active
Size 4,981 SF
Property subtype Commercial

Additional Details

Road Access Yes
Currently Operating Yes

Taxes and HOA fees

Annual Taxes $7,401

Building Details

Building Size 4,981 SF
Listing Agency: Century Homes Realty Group LLC
Listed By: Xuemei Li · License #10401209339
Source: Croninreale
Added: Sep 5 Changed: Oct 23 Last Checked: Oct 23 at 9:52AM

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 Century Homes Realty Group LLC

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Investment Insights

Based on property information with market context.

At 1902 Jericho Turnpike, this 4,981-square-foot restaurant property includes a dining area and a commercial kitchen with equipment. Chef Wang is currently operating at the property, which has a layout suited to restaurant use.

The property is on Jericho Turnpike in New Hyde Park, with nearby residential and commercial areas, shopping, businesses, major roadways, and public transportation. Its location places the restaurant among established local activity and provides access to surrounding services and transit.

Key Highlights

  • 4,981‑square‑foot restaurant property
  • Dining area and equipped commercial kitchen
  • Currently operating as Chef Wang

Property Analytics

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Current Use

Chef Wang Restaurant

Suggested Use

Top Pick Law Firm Hair Salon Real Estate Agency Spa & Massage Center Nail Salon Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,091
Businesses Nearby
121k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 55% Shops & Services 43% Home Improvements & Furnishings 2%
McDonald's Dining
35,092 visits/mo 0.3 miles
Shell Shops & Services
23,607 visits/mo 0.1 miles
Applebee's Dining
17,770 visits/mo 0.2 miles
Bank of America Shops & Services
8,746 visits/mo 0.5 miles
Taco Bell Dining
8,304 visits/mo 0.1 miles

Demographics for 11040, NY

43,075
Population
14,608
Households
2.9
Avg Household Size
45
Median Age
56%
College-Educated
92%
High-School Grad
4.8 sq mi
ZIP Area
8,974
Density / Sq Mi
$153,511
Median Household Income
$70,649
Median Earnings
$2,388
Median Rent
$795,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - The dining room and kitchen support an existing restaurant operation at this Jericho Turnpike address.
Where is this conventional restaurant located?
The property is located at 1902 Jericho Turnpike New Hyde Park, NY.
What is the asking price?
The asking price for this property is $458,000.
What are key features of this property?
This property features: 4,981‑square‑foot restaurant property; Dining area and equipped commercial kitchen; Currently operating as Chef Wang
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