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    318 Broadway Jericho, NY 11753

    Sponsored
    For Lease
    Contact for pricing

    High-visibility retail space, prime location.

    Lot size:
    950 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional first-floor retail space, located at 318 North Broadway in Jericho, Nassau County, presents a unique opportunity for businesses seeking high visibility and foot traffic. Situated on a busy retail corridor with 24/7 traffic, this property boasts an A-1 prime location surrounded by established national tenants. Currently, 925 square feet are available for lease, offering immediate occupancy. The space is priced at $3,500 per month, inclusive of taxes. A significant advantage is the potential for expansion; the space can be enlarged to a total of 1,900 square feet, providing flexibility for growing businesses. The property sits on a 0.17-acre lot and is conveniently located just two to three traffic lights south of the Long Island Expressway (LIE) and Northern State Parkway, ensuring excellent accessibility for customers and employees. The property type is classified as both retail and office, suitable for a variety of commercial uses. The tenancy is multiple, indicating the potential for synergy with other businesses in the building. This is an exceptional opportunity to establish a presence in a thriving retail environment with high visibility and convenient access to major transportation arteries. Don't miss this chance to secure a prime location in Jericho.

    Property Features for 318 Broadway

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    950 SF

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    950 SF

    HighLights

    • Retail and office space available in Jericho, Nassau County.
    • 925 square feet of vacant space available for lease.
    • Located on a busy retail corridor with high visibility and 24/7 traffic.
    • Prime location near major roadways (LIE and Northern Parkway).
    • Asking rent: $3,500 per month, includes taxes.
    • Potential for expansion up to 1,900 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Rug Cleaning MAK Carpet Cleaning Service Quickly Bubble Tea Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jericho
    County
    Nassau
    State
    New York
    Longitude
    -73.531572
    Latitude
    40.779981

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    FAQs

    What type of property is this?
    Office Property / Space - High-visibility retail space, prime location.
    Where is this office property / space located?
    The property is located at 318 Broadway Jericho, NY.
    What are key features of this property?
    This property features: Retail and office space available in Jericho, Nassau County.; 925 square feet of vacant space available for lease.; Located on a busy retail corridor with high visibility and 24/7 traffic.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    318 Broadway Jericho, NY 11753
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