Address
2235-2241 Jericho Turnpike, New Hyde Park, NY
Price
$ 2,598,000
Property Attributes
  • MLS#3422252
  • TypeCommercial
  • CountyNASSAU
  • CityNew Hyde Park
  • Zip11040
  • Style
  • Year Built1898
  • Taxes$ 28000
  • Price$ 2,598,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6600
  • Lot Size6,534 SqFt
Data Source:
OneKey® MLS
Property Description

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.

Price History
2/5/2023 Listed $2,800,000
4/28/2023 8% - $2,598,000

General Features

Standard Status Active

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 11040

Price
AVG $1.24M
$2.6M
Taxes
AVG $24,509
$28,000
Visits
AVG 423
428
Data Provided by Inside Real Estate®
Year Built
AVG 1939
1898
Walkscore
AVG 83
85
Data Provided by Walkscore® not using MLS data

Your Agent

Listed By
Lois Silva with Lois M Silva Real Estate Inc - 516-627-0100
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