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2070 Jericho Tpke

11,800 SF Vacant Retail Building New Hyde Park, NY 11040 $4,200,000 ($356/SF) 5% Cap Rate

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Investment Highlights

Solid opportunity for an owner user as Showroom and Warehouse with excellent Retail presence

The property's prime location offers value and maximum visibility.

Executive Summary

FOR SALE OR LEASE
Auto Dealer/Sales and Services
Showroom and Warehouse Space
5,906 SF + 5,906 SF Basement
+/- 7,000 SF Yard Space
Close proximity to Queens County allows easy transportation flow across county lines
High Visibility on Jericho Tpke
Attractive and desirable investment surrounded by an influx of notable amenities & transportation access
One Loading Dock, Possibility to do Auto-Repair and Retail
Can be delivered vacant

2070 Jericho Tpke, New Hyde Park, NY 11040 (Chip & Daylan)

Property Facts

Sale Type

Investment or Owner User

Property Type

Retail

Property Subtype

Auto Repair

Building Size

11,800 SF

Building Class

Year Built

1965

Price

$4,200,000

Price Per SF

$356

Cap Rate

NOI

$210,000

Percent Leased

Vacant

Building Height

1 Story

Building FAR

0.77

Land Acres

0.35 AC

Zoning

Commercial - a system of regulations that categorizes land for specific commercial uses, such as retail, restaurants, offices, and hotels

Amenities

Signage

Space Availability

1st Floor
11,800 SF
Flex
-
Now

FOR SALE OR LEASE Auto Dealer/Sales and Services Showroom and Warehouse Space 5,906 SF + 5,906 SF Basement +/- 7,000 SF Yard Space Close proximity to Queens County allows easy transportation flow across county lines High Visibility on Jericho Tpke Attractive and desirable investment surrounded by an influx of notable amenities & transportation access One Loading Dock, Possibility to do Auto-Repair and Retail Can be delivered vacant