113-119 Jericho Turnpike, Floral Park, NY 11001

• 6,900 sqft

Property Description

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.

Listing Status:

Active

Data Last Updated:

June 26, 2026 at 12:20AM

Listing Office:

Kingsland Properties : 718-380-7400

MLS ID:

1007615

Interior

• Basement: Finished
• A/C: Central Air
• Heating: ENERGY STAR Qualified Equipment

Location

• Originating MLS: onekey2
• School District: Jericho
• County: Nassau County

Lot

• Zoning: 2259-08-053-00-0156-0

Utilities

• Utilities: Electricity Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: onekey2