COMMERCIAL
Address: ‎113-119 Jericho Turnpike
Zip Code: 11001
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$2,750,000
MLS # 1007615
English
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Kingsland Properties Office: ‍718-380-7400

$2,750,000 - 113-119 Jericho Turnpike, Floral Park, NY 11001|MLS # 1007615

MLS #‎ 1007615
Construction Year2006
Taxes
(per year)
$29,480
Air
Conditioning
Central Air
LIRR0.2 miles: "Floral Park"
0.6 miles: "Bellerose"
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房屋英文概況 English Description

113–119 Jericho Turnpike, Floral Park, NY – Prime mixed-use investment opportunity featuring two commercial units (approximately 1,200 SF each with full basements), two 2-bedroom apartments on the second floor, and a 60' x 60' parking lot. The property generates approximately $141,600 in annual gross income, including $96,000 from commercial tenants and $45,600 from residential units. Annual property taxes are approximately $32,000, with approximately 70% of the tax burden allocated to the commercial tenants, resulting in a net operating income (NOI) of approximately $127,800 and a 4.7% cap rate based on the $2,750,000 asking price. Well-located on Jericho Turnpike, this asset offers stable income and long-term investment potential.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. © 2026 Kingsland Properties. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Courtesy of Kingsland Properties

公司: ‍718-380-7400




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$2,750,000
COMMERCIAL
MLS # 1007615
‎113-119 Jericho Turnpike
Floral Park, NY 11001


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