Price Reduced 7.21%

$2,598,000

Est. Mortgage $13,480/mo *

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Price History

$2,800,000
7/25/2022

$2,598,000
4/28/2023

2235-2241 Jericho Turnpike, New Hyde Park, NY, 11040

2235-2241 Jericho Turnpike, New Hyde Park, NY, 11040
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1898

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.

Status:

Active

Type:

Commercial

Zoning:

commercial

Heating:

Oil, Other

Parking:

10-car

Acreage:

0.15

Est. Taxes:

$28,000

Current Use

Mixed Use, Office, Other, Warehouse

MLS #:

3422252

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Lois M Silva Real Estate Inc 516-627-0100