Mixed-Use Investment Property For
For Sale
$1,175,000
Pending
246-02 Jericho Tpke, Floral Park, NY 11001
Fully rented mixed-use property with commercial and residential units.
Property Size3,000 SF
Days on Market139
Property Features for 246-02 Jericho Tpke
General Information
Standard status
Pending
Size
3,000 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$26,568
Building Details
Building Size
3,000 SF
Year Built
1928
Units
4
Listing Agency:
Cross Island Realty One, Inc
(516) 469-7785
Listed By:
Eunice Chen CBR · License #10401310703
(516) 469-7785
Source:
Elliman
Added: Apr 15
Changed: Aug 14
Last Checked: Aug 31 at 6:17PM
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 Cross Island Realty One, Inc
Investment Insights
Based on property information with market context.
This mixed-use property features a combination of commercial and residential spaces, offering a diverse income stream. The property is fully rented with long-term tenants. It includes two commercial units and two residential units, along with billboards that generate rental income. The location is centrally situated off Cross Island Parkway on Jericho Turnpike, a commercially active thoroughfare. Proximity to Bellerose and Floral Park train stations enhances accessibility. The property consists of four units: a corner convenience store with a basement on the first floor, a salon retail space on the first floor, a two-bedroom, one-bathroom residential apartment on the second floor, and a one-bedroom, one-bathroom residential apartment also on the second floor. The first floor has a total area of 1700 square feet, the second floor totals 1300 square feet, and the basement provides an additional 1700 square feet of space. The property has a walk score of 82, indicating it is very walkable, a transit score of 65, indicating good transit options, and a bike score of 55, indicating it is bikeable.
Key Highlights
- Fully rented with solid long‑term tenants, providing immediate rental income.
- Mix‑use property featuring 2 commercial units (convenience store with basement, salon) and 2 residential units.
- Additional rental income generated from billboards.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,178
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Fully rented mixed-use property with commercial and residential units.
Where is this mixed-use property located?
The property is located at 246-02 Jericho Tpke Floral Park, NY.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: Fully rented with solid long‑term tenants, providing immediate rental income.; Mix‑use property featuring 2 commercial units (convenience store with basement, salon) and 2 residential units.; Additional rental income generated from billboards.
