402 Jericho Tpke, New Hyde Park, NY 11040
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.