Financial
Distress signals
Property profile

1631 Jericho Tpke New Hyde Park, NY 11040

FOR LEASE
Banks
Property ID
US63-4124232
2,500 SF 0.17 ac lot
Last sale Jan 2018 · $2,020,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value$1k
Assessed land$1k
Assessed improvement$56
Effective rate578.93%

Value estimate

· Sep 2026
$395k
$356k – $435k
NOI build-up
Gross scheduled income$72k
Vacancy & credit loss−$4k
Operating expenses−$20k
NOI · 795.43% cap applied$48k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$803/SF
County average, outlier-cleaned · 109 recorded sales of this use type
Observed band · Q1–Q3$378 – $1,467

Cap rate analysis

How does the asset earn?
795.43%
$48k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionNASSAU

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm33.2
Hair Salon21.6
Realty agency17.5

Location

1631 Jericho Tpke New Hyde Park, NY 11040
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2374 Jericho, Garden City Park, NY 11040-4711 $1,678,000 Feb 2026 2,600 SF
27208 Un, New Hyde Park, NY 11040-1542 $6,200,000 Jun 2025 2,024 SF
900 Jericho, New Hyde Park, NY 11040-4604 $1,080,000 Jul 2024 1,812 SF
27119 Un, New Hyde Park, NY 11040-1531 $1,850,000 May 2024 2,920 SF
932 Hillside, New Hyde Park, NY 11040-2522 $2,000,000 Nov 2018 2,660 SF
1599 Hillside, New Hyde Park, NY 11040-2526 $1,000,000 Sep 2018 2,520 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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