113-119 Jericho Turnpike, Floral Park, NY

$2,750,000

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6,900

Square feet

0.15

Acres

About 113-119 Jericho Turnpike

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.

Features of 113-119 Jericho Turnpike

MLS® # 1007615
Price $2,750,000
Bathrooms 0.00
Square Footage 6,900
Square Footage 6710
Acres 0.15
Year Built 2006
Type Commercial Sale
Sub-Type Mixed Use
Status Active

Community Information

Address 113-119 Jericho Turnpike
City Floral Park
County Nassau County
State NY
Zip Code 11001

Amenities

Utilities Electricity Connected
Is Waterfront No
Has Pool No

Interior

Heating ENERGY STAR Qualified Equipment
Cooling Central Air
Fireplace No
Has Basement Yes
Basement Finished

Exterior

Construction Other

School Information

District Jericho

Additional Information

Date Listed June 1st, 2026
Days on Market 11
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKingsland Properties
Contact Info718-380-7400

Listing Map

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