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1619-1631 Jericho Tpke 22,500 SF 100% Leased Retail Building New Hyde Park, NY 11040 $6,399,988 ($284.44/SF) 5.63% Cap Rate
INVESTMENT HIGHLIGHTS
- Amazing Location with fluid Traffic and exposure is terrific.
- Built in 2000 these buildings are clean and in great shape with room for expansion.
EXECUTIVE SUMMARY
Sparing no expense, these buildings were made and built to last. Sale includes 22,000 Square Feet between 2 Lots and structures.
1619 Jericho : Approximately 10,000 Interior Square Feet, Under Ground parking lot 10,000 Square feet (24 parking spots) and elevator to main level. Built in 2000 these buildings are clean and in great shape with ROOM FOR EXPANSION!! (UP TO 20,000 SQUARE FEET MORE!!)
1 bathroom per Class room, (2) classrooms with 2 bathrooms
1631 Jericho: Approximately 2,400 Interior Square Feet. 15 parking spots with driveway.
Amazing Location with fluid Traffic and exposure is terrific.
1619 Jericho : Approximately 10,000 Interior Square Feet, Under Ground parking lot 10,000 Square feet (24 parking spots) and elevator to main level. Built in 2000 these buildings are clean and in great shape with ROOM FOR EXPANSION!! (UP TO 20,000 SQUARE FEET MORE!!)
1 bathroom per Class room, (2) classrooms with 2 bathrooms
1631 Jericho: Approximately 2,400 Interior Square Feet. 15 parking spots with driveway.
Amazing Location with fluid Traffic and exposure is terrific.
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Day Care Center
Building Size
22,500 SF
Building Class
C
Year Built
2000
Price
$6,399,988
Price Per SF
$284.44
Cap Rate
5.63%
NOI
$360,319
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.56
Lot Size
0.33 AC
Zoning
C - Commercial
Parking
39 Spaces (1.73 Spaces per 1,000 SF Leased)
Frontage
Walk Score®
Very Walkable (79)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 2227-08-142-00-0028-0 | Total Assessment | $16,494 (2025) |
| Land Assessment | $5,835 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $10,659 (2025) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
2227-08-142-00-0028-0
Land Assessment
$5,835 (2025)
Improvements Assessment
$10,659 (2025)
Total Assessment
$16,494 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
1 of 28
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1619-1631 Jericho Tpke
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