2235-2241 Jericho Turnpike New Hyde Park, NY $ 2,598,000
2235-2241 Jericho Turnpike
$ 2,598,000
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2235-2241 Jericho Turnpike

New Hyde Park, NY, 11040
$ 2,598,000
Baths0.0 Sq 7,375

Monthly Estimate*

$ 17,267

2235-2241 Jericho Turnpike, New Hyde Park, NY 11040 - Image 1
2235-2241 Jericho Turnpike, New Hyde Park, NY 11040 - Image 2
2235-2241 Jericho Turnpike, New Hyde Park, NY 11040 - Image 3
2235-2241 Jericho Turnpike, New Hyde Park, NY 11040 - Image 4
2235-2241 Jericho Turnpike, New Hyde Park, NY 11040 - Image 5
2235-2241 Jericho Turnpike, New Hyde Park, NY 11040 - Image 6
Studio

Commercial Property for sale in New Hyde Park, NY

for $2,598,000. This 7,375 square foot building was built in 1898 on a lot size of 0.15.

Fully equipped Restaurant-Bar is presently unoccupied. Parking lot can accommodate 12 cars. 2 additional ancillary buildings consisting of a warehouse and an office building that is occupied. 3 apartments are also located within the main building. 2 are presently rented. Current real estate taxes have been grieved. Cap rate at 6.23% reflects the potential income for the fully occupied buildings. A unique opportunity for development.

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Commercial Active

Price

$ 2,598,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 28,000

Style

Lot Size

0.15

Year Built

1898

Town/City

New Hyde Park

County/Region

Nassau

MLS | Web ID

3422252

Features
General
Lot Size Units Acres
Building Area Units Square Feet
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* Excluded Features
List By
Lois Silva

Listing Agent

Lois M Silva Real Estate Inc

Broker

lois@silvarealestate.com

Email

Affordability Calculator

$19,600
Per Month
88%
12%
0%
Monthly Principal & Interest
$17,267
Monthly Property Taxes
$2,333
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/28/2023$2,598,000 -7.21% Price Down
2/5/2023$2,800,000 Listed Price

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2235-2241 Jericho Turnpike, New Hyde Park, NY, 11040 is a Commercial Property for sale at $2,598,000 with 7,375 sqft and a lot size of 0.15. 2235-2241 Jericho Turnpike is a studio with 0.0 baths and was built in 1898. The property's zip code is 11040 which is in New Hyde Park, NY