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1619-1631 Jericho Tpke

22,500 SF 100% Leased Retail Building New Hyde Park, NY 11040 £5,056,054 (£225/SF) 5.63% Net Initial Yield

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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.

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 Centre

Building Size

22,500 SF

Building Class

Year Built

2000

Price

£5,056,054

Price Per SF

£225

Net Initial Yield

5.63%

NOI

£284,656

Percent Leased

100%

Tenancy

Multiple

Number of Floors

Building FAR

1.56

Land Acres

0.33 AC

Zoning

C - Commercial

Parking

39 Spaces (1.73 Spaces per 1,000 SF Leased)

Frontage

182 ft on New York 25

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aerial
map
traffic

1619-1631 Jericho Tpke, New Hyde Park, NY - aerial map view - Image1

1619-1631 Jericho Tpke, New Hyde Park, NY - aerial map view - Image2

1619-1631 Jericho Tpke, New Hyde Park, NY - aerial map view - Image3

1619-1631 Jericho Tpke, New Hyde Park, NY - aerial map view - Image4

1619-1631 Jericho Tpke, New Hyde Park, NY - aerial map view - Image5

1619-1631 Jericho Tpke, New Hyde Park, NY - aerial map view - Image6

Walk Score ®

Very Walkable (77)

What is a Walk Score®, Transit Score® & Bike Score®?

Walk Score® measures the walkability of any address.

Transit Score® measures access to public transit.

Bike Score® measures bikeability of a location.

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, Transit Score® & Bike Score?

Walk Score® measures the walkability

of any address. Transit Score®

measures access to public transit. Bike Score®

measures bikeability of a location.®

Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number	2227-08-142-00-0028-0	Total Assessment	£13,030 (2024)
Land Assessment	£4,610 (2024)	Annual Taxes	-£1 (£0.00/sf)
Improvements Assessment	£8,421 (2024)	Tax Year	2023