Financial
Distress signals
Property profile

249-02 Jericho Tpke 202 Floral Park, NY 11001

FOR LEASE
Office buildings
Property ID
US63-1400654
5,070 SF 0.18 ac lot Built 1930
Last sale Jan 2007 · $2,475,000
Individually Owned Owner of record is an individual. 19-yr Hold Held for 19 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon
249-02 Jericho Tpke,Unit 202, Floral Park, NY 11001 For Lease
$1,650/Mo 588 SF available
249-02 Jericho Tpke,Unit 202, Floral Park, NY 11001
View Listing

Property summary

AI-generated overview

The property is a second-floor office suite totaling 902 square feet located at 249-02 Jericho Turnpike in Floral Park. The building provides elevator service for tenant access. The available office space is identified as units 205/206 and is part of a facility within a transportation-oriented area, with access to nearby highways, bus service, and the LIRR. The suite is served by heating and air conditioning, and certain building-level operating expenses (heat, electric, air conditioning, and taxes) are paid by the owner.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$61k
Tax billed · 2023
Assessed value$17k
Assessed land$3k
Assessed improvement$15k
Effective rate355.46%

Value estimate

· Sep 2026
$645k
$581k – $710k
NOI build-up
Gross scheduled income$30k
Vacancy & credit loss−$4k
Operating expenses−$6k
NOI · 1,173.27% cap applied$19k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$706/SF
County average, outlier-cleaned · 295 recorded sales of this use type
Observed band · Q1–Q3$368 – $1,136
Qualifying comparables6

Cap rate analysis

How does the asset earn?
1,173.27%
$19k 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: Clothing Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Clothing Store18.4
Parking Facility16.5
Smoke and Vape Shop12.2

Location

249-02 Jericho Tpke, Unit 202 Floral Park, NY 11001
County assessor Recorded deeds · 1 transfer 6 qualifying comp sales 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 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?”
More about this property
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