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    Property profile & analytics

    387 Jericho Tpke Floral Park, NY 11001-2241

    • Automotive properties
    • 1,200 SF
    • 0.28 lot acres
    OFF-MARKET
    Value Estimation
    $2,745,000
    Last Sale
    Oct 11, 2024
    $2,700,000
    Location Intelligence
    Property ID
    US63-4066910
    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

    • Enterprise Rent-A-Car / Car Rental Agency / Van Rental Agency
    • Brush Up With Barbara / Beauty Products Wholesaler / Cosmetic Products Manufacturer
    • Frank's Quality Car Care Ltd / Auto Repair Shop

    Property Details for 387 Jericho Tpke

    Lot size
    0.28 lot acres
    Property size
    1,200 SF
    Property type
    Automotive properties
    APN
    08-076-00-0040
    APU
    8076000040

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,700,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,850,000
      6.5%
      $2,560,000
      7%
      $2,615,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,630,000
      Geo Method
      $2,945,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,210,000
      Retail
      $2,395,000
      Mixed-Use
      $3,265,000
      Hospitality
      $3,100,000
      Educational
      $3,130,000
      Residential Income
      $2,745,000
      Energy
      $2,670,000
      Income-Based Land
      $2,855,000
      Food Service
      $2,835,000

    Location Insight

    • Map
    • Local Demand
    City
    Floral Park
    County
    Nassau
    State
    New York
    Longitude
    -73.6959
    Latitude
    40.7309
    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
    2024
    $8,210
    $3,146
    $28
    $3,174
    -
    $0.00
    $0.00
    $317,400

    Comparable in this City

    • Value Estimation by Request
      3,200 SF

      96 Jericho Tpke

      VEHICLE SALES, RENTALS • 3,200 SF
      96 Jericho Tpke, Floral Park, NY 11001-2003
      View Details
    • Value Estimation by Request
      4,280 SF

      25601 Jericho Tpke

      VEHICLE SALES, RENTALS • 4,280 SF
      25601 Jericho Tpke, Floral Park, NY 11001-1707
      View Details
    • Value Estimation
      $2,685,000
      4,110 SF

      387 Jericho Tpke

      VEHICLE SALES, RENTALS • 4,110 SF
      387 Jericho Tpke, Floral Park, NY 11001-2241
      View Details
    • Value Estimation by Request
      3,600 SF

      Atlantic Ave

      VEHICLE SALES, RENTALS • 3,600 SF
      Atlantic Ave, Floral Park, NY 11001
      View Details
    • Value Estimation by Request
      2,375 SF

      239 Jericho Tpke, Unit 50

      VEHICLE SALES, RENTALS • 2,375 SF
      239 Jericho Tpke, Floral Park, NY 11001
      View Details
    • Value Estimation
      $720,000
      160 SF

      Jericho Tpke

      VEHICLE SALES, RENTALS • 160 SF
      Jericho Tpke, Floral Park, NY 11001
      View Details

    Similar Nearby for Sale

    • $1,399,000

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      Retail property for sale on Jericho Turnpike, Floral Park.
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      Floral Park Foot Spa Business

      Foot spa business for sale in Floral Park, NY.
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    Similar Nearby for Lease

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      Floral Park Commercial Studio Space

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      Versatile Commercial Studio in Floral Park

      Spacious 1,518 sq ft studio in Floral Park Village.
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      Jericho Turnpike Executive Offices

      Floral Park, NY Office Suites Available
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      View Details
    • $4,650 /Mo

      Floral Park Multifamily Rental

      Multifamily property available for rent in Floral Park.
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      View Details
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    Floral Park, NY 11001-2241
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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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