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Property Description

Prime Investment Opportunity in New Hyde Park – First Floor Tenant Occupied

This turnkey mixed-use property on Jericho Turnpike offers food business owners a complete solution with a newly renovated first-floor commercial space featuring a move-in ready commercial kitchen including professional equipment and new split AC system. The space is ideally configured for pho, rice noodles, mala hot pot, or a turnkey bubble tea shop with all professional equipment, and comes ready for immediate operation. The second floor provides stable rental income with a spacious 5 bedroom 2 bathroom unit is now vacant.

Located in New Hyde Park’s bustling commercial district, this high-visibility property benefits from excellent foot traffic and convenient highway access while serving an established neighborhood with strong customer demand. The solid brick building has been completely upgraded with modern improvements throughout, offering both commercial and residential potential in one package.

This unique investment delivers dual income streams – run your restaurant business downstairs while the residential unit upstairs generates consistent rental income. With the upstairs unit helping offset ownership costs and the prime location ensuring business visibility, this turnkey property presents a low-risk opportunity with both immediate cash flow and long-term appreciation potential in a desirable Long Island location.

Features
Heating System:
Other, Oil, Forced Air
Cooling System:
Ductless
Basement:
Walk-out Access
Appliances:
Other
Interior Features:
Other
Sewer:
Public Sewer
Utilities:
See Remarks
Address Map
City:
North Hempstead
State:
NY
County:
Nassau County
Directions:
Google Maps
Property and Construction
Architectural Style:
Other
Development Status:
Other
Elementary School:
Hillside Grade School
High School:
Contact Agent
Agent MlsId:
169035
Office MlsId:
LILI01
MiddleOrJunior School:
Call Listing Agent
Special Listing Conditions:
No
Tax Annual Amount:
$19,796
Water Source:
Public
PhotosCount:
12

Residential For Sale

231 Jericho Tpke, North Hempstead, NY

5 Bedrooms
2 Bathrooms
3,400 Sqft
$1,288,000
Listing ID #854494
Basic Details
Property Type :
Residential
Property SubType :
Single Family Residence
Listing ID :
854494
Price :
$1,288,000
Rooms :
9
Bedrooms :
5
Bathrooms :
2
Bathrooms Total :
2
Square Footage :
3,400 Sqft
Building Area :
3,400 Sqft
Year Built :
1949
Status :
Active
Status :
Active
Listing Office :
B Square Realty
Listing Agent :
Li Li
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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