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    950 Jericho Tpke Westbury, NY 11590-1528
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    Property profile & analytics

    950 Jericho Tpke Westbury, NY 11590-1528


    • Office buildings
    • 1,568 SF
    • 0.14 lot acres
    Off-Market
    Last Sale Jan 9, 2024
    Property ID
    US63-5340468
    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.

    Value Estimations
    $625,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Manners & Malone, PLLC / Law Firm
    • David Ullman, P.C. / Law Firm
    • oof repairs llc / Mobile Phone Store / Electronics & Wireless Store
    • Iglesia Faro & Vida / Church
    • Amecan Inc. / Financial Advisor

    Property Details for 950 Jericho Tpke

    Year built
    1958
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.14 lot acres
    Property size
    1,568 SF
    Property type
    Office buildings
    APN
    11-372-00-0016
    APU
    11372000016

    Description

    This exceptional investment opportunity presents a two-story, 2,906 square foot office building situated on a 6,150 square foot lot at 950 Jericho Turnpike in Westbury, New York, zip code 11590. Built in 1958, the property boasts excellent visibility and signage on a heavily trafficked thoroughfare, benefiting from easy access to the Long Island Expressway and Northern State Parkway. Currently configured as a multi-tenant building, the first floor houses four tenants on month-to-month leases, while the second floor features a single tenant with a private entrance, also on a month-to-month lease. The building can be delivered vacant, offering flexibility for the new owner. The property includes 12 parking spaces and is zoned for Business A use. With a total asking price of $1,450,000, this translates to a price per square foot of $498.97. This lender-owned property presents a compelling opportunity for investors seeking a well-located, adaptable commercial space in a thriving Nassau County market. The building's existing tenant structure provides immediate income potential, while the vacant delivery option allows for complete customization and repositioning to suit a variety of business needs.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $1,030,000
      RETAIL STORES
      $895,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Westbury
    County
    Nassau
    State
    New York
    Longitude
    -73.5681
    Latitude
    40.7757
    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
    $28,691
    $1,936
    $2,956
    $4,892
    -
    $0.00
    $0.00
    $489,200
    More about this property
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