Property profile

2231 Jericho Tpke New Hyde Park, NY 11040

OFF-MARKET
Investment properties
Property ID
US63-1605828
1,800 SF 0.15 ac lot Built 1961
Entity Owned 11-yr Hold Free & Clear
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Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1961
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,800 SF
Lot 0.15 ac (6,600 SF)
APN 09-251-00-0541
UPID US63-1605828

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Tool Repair Shop

Location

2231 Jericho Tpke New Hyde Park, NY 11040-4707
New Hyde Park metro Census 303204 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$795k

Owner & transaction history

since 2015
1 recorded transaction
2015
$770,000

Zoning & alternative use

Top alternative use upside
Office building $1.3M +9.0%
Auto repair, garage $1.2M +1.5%

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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