Property profile

402 Jericho Tpke New Hyde Park, NY 11040

OFF-MARKET
Retail properties & Spaces
17,100 SF 0.29 ac lot Built 1920
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Property summary

AI-generated overview

This exceptional three-story mixed-use building, situated on 0.29 acres of land on Jericho Turnpike in New Hyde Park, offers a unique opportunity for businesses seeking prime commercial space. Built in 1920 and extensively renovated in 2020, the building boasts a total of 17,100 square feet, divided into 20 individual suites. Two street-level storefronts are currently available, providing excellent visibility and accessibility for customers. The available spaces range from a minimum of 510 square feet to a maximum contiguous space of 1,074 square feet, offering flexibility for various business needs. The building features ample parking with 20 spaces available for tenants and their clients. The property is zoned for mixed use, allowing for a diverse range of commercial activities. The high volume of traffic on Jericho Turnpike ensures significant daily exposure for businesses located within this building. This is an ideal location for businesses seeking high visibility and convenient access for their customers. The recent renovations ensure modern amenities and a well-maintained property. Don't miss this chance to establish your business in a thriving commercial area.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1920
Total area 17,100 SF
Lot 0.29 ac (12,632 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

402 Jericho Tpke New Hyde Park, NY 11040
New Hyde Park metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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