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Retail Investment Property
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215 Jericho Turnpike, Floral Park, NY 11001

Retail property offered for sale with stated 5.00% cap rate and 4,699 SF.

Property Size4,699 SF
Days on Market131

Property Features for 215 Jericho Turnpike

General Information

Standard status Active
Size 4,699 SF
Property subtype Retail

Additional Details

Cap Rate 5%
Listing Agency: CBRE - Philadelphia Suburban
Listed By: Matthew Gorman · License #PA RS287470
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 23 at 5:11AM

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 CBRE - Philadelphia Suburban

Investment Insights

Based on property information with market context.

This for-sale retail property is presented with a stated 5.00% CAP and a total area of 4,699 SF. The offering is positioned as a straightforward income-oriented retail asset based on the provided cap rate information.

The property is located at 215 Jericho Turnpike in Floral Park, New York.

As described in the listing materials, the space is marketed specifically as retail, supporting its use as a retail storefront or related retail-oriented occupancy within the provided size range.

Key Highlights

  • Retail property with stated 5.00% cap rate
  • Building size: 4,699 SF

Property Analytics

Current Use

Citi ATM Atm Citi Bank

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Furniture & Home Goods Florist Veterinary Clinic Bed & Breakfast

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

Location Intelligence

Trade Area within ½ mile

1,815
Businesses Nearby
67k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 52% Dining 38% Electronics 5% Home Improvements & Furnishings 5%
Wendy's Dining
17,613 visits/mo 0.2 miles
7-Eleven Shops & Services
10,047 visits/mo 0.1 miles
Citibank Shops & Services
7,101 visits/mo 0.1 miles
Taco Bell Dining
6,023 visits/mo 0.4 miles
TD Bank Shops & Services
5,739 visits/mo 0.2 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

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

What type of property is this?
Retail space - Retail property offered for sale with stated 5.00% cap rate and 4,699 SF.
Where is this retail space located?
The property is located at 215 Jericho Turnpike Floral Park, NY.
What are key features of this property?
This property features: Retail property with stated 5.00% cap rate; Building size: 4,699 SF
(484) 567-2340 Call to check price and availability
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