Property profile

2244 Jericho Tpke New Hyde Park, NY 11040

OFF-MARKET
Retail space
Property ID
US63-2998604
1,462 SF 0.1 ac lot Built 1917
Entity Owned 5-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1917
Construction FRAME
Total area 1,462 SF
Lot 0.1 ac (4,559 SF)
APN 33-125-00-0021
UPID US63-2998604

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
  • Food Market Restaurant

Location

2244 Jericho Tpke New Hyde Park, NY 11040-4745
New Hyde Park metro Census 303204 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$480k
CAP Approach CAP
$445k
Comparable Approach Comparable
$684k
Blend (final) Blend
$820k

Owner & transaction history

since 2021
Last sale
$719,000
2 recorded transactions
2021
$719,000
1998
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $1.0M +23.8%
Auto repair, garage $960,000 +15.3%
Commercial (general) $945,000 +13.6%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2244 Jericho Tpke?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message