950 Jericho Tpke Westbury, NY 11590
- Office buildings
- 1,568 SF
- 0.14 lot acres
Current Use by Public Records
- Manners & Malone, PLLC / Attorney / General Practice Attorney
- David Ullman, P.C. / Attorney
- oof repairs llc / Cell Phone Store
- Iglesia Faro & Vida / Christian Church
- Amecan Inc. / Investment Service
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 Estimation
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CAP approach
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Comparable approach
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Alternative Use
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