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    Property profile & analytics

    2238 Jericho Tpke New Hyde Park, NY 11040-4726

    • Retail space
    • 1,088 SF
    • 0.18 lot acres
    OFF-MARKET
    Value Estimation
    $390,000
    Last Sale
    Apr 20, 2022
    $385,000
    Location Intelligence
    Property ID
    US63-3088494
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Libreria catolica exodo 20 / Religious Goods Store
    • Catholic Bible Study / Religious Destination
    • Angelo Sun Foot Spa / Massage Therapist / Reflexologist

    Property Details for 2238 Jericho Tpke

    Year built
    1927
    Construction
    FRAME
    Lot size
    0.18 lot acres
    Property size
    1,088 SF
    Property type
    Retail space
    APN
    33-125-00-2624
    APU
    33125002624

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $360,000

    • CAP approach

      CAP return
      Estimation
      6%
      $400,000
      6.5%
      $455,000
      7%
      $450,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $470,000
      Geo Method
      $455,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $390,000
      Retail
      $370,000
      Mixed-Use
      $420,000
      Hospitality
      $390,000
      Educational
      $490,000
      Residential Income
      $505,000
      Energy
      $425,000
      Income-Based Land
      $510,000
      Food Service
      $405,000

    Location Insight

    • Map
    • Local Demand
    City
    New Hyde Park
    County
    Nassau
    State
    New York
    Longitude
    -73.6662
    Latitude
    40.7392
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $25,843
    $3,088
    $773
    $3,861
    -
    $0.00
    $0.00
    $386,100

    Comparable in this City

    • Value Estimation by Request
      1,200 SF

      613 Jericho Tpke

      RETAIL STORES (PERSONAL SERVICES) • 1,200 SF
      613 Jericho Tpke, New Hyde Park, NY 11040-4518
      View Details
    • Value Estimation by Request
      1,575 SF

      612-614 Jericho Tpke

      RETAIL STORES (PERSONAL SERVICES) • 1,575 SF
      612-614 Jericho Tpke, New Hyde Park, NY 11040
      View Details
    • Value Estimation by Request
      1,200 SF

      1217 Jericho Tpke

      RETAIL STORES (PERSONAL SERVICES) • 1,200 SF
      1217 Jericho Tpke, New Hyde Park, NY 11040-4612
      View Details
    • Value Estimation by Request
      2,066 SF

      251-253 Jericho Tpke

      RETAIL STORES (PERSONAL SERVICES) • 2,066 SF
      251-253 Jericho Tpke, New Hyde Park, NY 11040
      View Details
    • Value Estimation by Request
      1,564 SF

      633 Jericho Tpke

      RETAIL STORES (PERSONAL SERVICES) • 1,564 SF
      633 Jericho Tpke, New Hyde Park, NY 11040-4518
      View Details
    • Value Estimation by Request
      1,420 SF

      1013 Jericho Tpke

      RETAIL STORES (PERSONAL SERVICES) • 1,420 SF
      1013 Jericho Tpke, New Hyde Park, NY 11040-4610
      View Details

    Similar Nearby for Sale

    • $2,588,888

      Jericho Turnpike Investment Opportunity

      Mixed-use property with retail, residential, and storage income potential.
      2172 Jericho Tpke, Garden City Park, NY 11040
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    • $2,380,000

      Commercial Building on Jericho Turnpike

      Freestanding retail building on busy Jericho Turnpike corridor.
      2002 Jericho Tpke, New Hyde Park, NY 11040
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    • $3,000,000
      6,208 SF

      Retail Building in New Hyde Park

      Two-story retail building with 6,208 SF on 0.18 acres.
      1840 Falmouth Ave, New Hyde Park, NY 11040
      View Details
    • $1,185,000
      0.09 Acres

      New Hyde Park Commercial Building

      Freestanding commercial building in the heart of New Hyde Park.
      411 Jericho Tpke, New Hyde Park, NY 11040
      View Details
    • $1,880,000
      Pending

      New Hyde Park Investment Opportunity

      Freestanding commercial building with stable tenants and strong cash flow.
      2374 Jericho Tpke, New Hyde Park, NY 11040
      View Details
    • Contact for pricing
      9,100 SF

      Retail Building on Hillside Avenue

      Retail property with frontage and parking, currently occupied by CVS.
      2030 Hillside Ave, New Hyde Park, NY 11040
      View Details

    Similar Nearby for Lease

    • $5,975 /Mo
      2,400 SF

      New Hyde Park Retail/Office

      2400 SF retail/office space with parking in New Hyde Park.
      1631 Jericho Tpke, New Hyde Park, NY 11040
      View Details
    • $7,500 /Mo
      1,200 SF

      Prime Retail Space in New Hyde Park

      High-visibility retail space in Lakeville Shopping Center, available for lease.
      2070 Lakeville Rd, New Hyde Park, NY 11040
      View Details
    • Contact for pricing
      896 SF

      Retail Spaces in High-Traffic Corridor

      Retail spaces available in a high-traffic location.
      3328-3340 Hillside Ave, New Hyde Park, NY 11040
      View Details
    • Contact for pricing
      20,000 SF

      Retail Space in New Hyde Park

      20,000 SF retail space with ample parking.
      3350 Hillside Ave, New Hyde Park, NY 11040
      View Details
    • Contact for pricing
      6,368 SF

      Retail Space in New Hyde Park

      Retail space available for lease in New Hyde Park, NY.
      2079-2095 Hillside Ave, New Hyde Park, NY 11040
      View Details
    • Contact for pricing
      1,000 SF

      Retail Space with Basement

      1,000 SF retail space with basement and parking.
      27102-27120 Union Tpke, New Hyde Park, NY 11040
      View Details
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    New Hyde Park, NY 11040-4726
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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
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