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$2,750,000 Just Listed
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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.
Full Property Details
Full Property Details for 113-119 Jericho Turnpike
General
- Price: $2,750,000
- Taxes: $29,479
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 1007615
- Updated: 6/1/2026
- Added to Site: 6 day(s) ago
Business
- Business Type: Retail
Location
- County: Nassau County
School Information
- High School District: Jericho
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air
- Heating Type: ENERGY STAR Qualified Equipment
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected
Structural Information
- Detached/Attached: Attached
- Construction: Other
- Basement: Yes
- Basement Desc.: Finished
- Building Size: 6900
- Square Feet: 6,900
- Year Built: 2006
Lot Features
- Lot Size (Acres): 0.154
- Lot Size (Sq. Ft.): 6,710
Financial Considerations
- Tax Amount: $29,479.65
Disclosures and Reports
- Special Conditions: None
- Property ID: 2259-08-053-00-0156-0
Listed by Kingsland Properties
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Price & Sales History for 113-119 Jericho Turnpike
Date
Details
Price
Change
Source
6/01/2026
Listed
$2,750,000
77.42%
MLS
6/10/2016
Sold
$1,550,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 113-119 Jericho Turnpike
Year
Property Taxes
Change
Tax Assessment
Change
2025
$29,480
651%
$7,612
—
2024
$3,928
-86%
$7,612
—
2023
$27,198
-4%
$7,612
—
2022
$28,236
-2%
$7,612
2%
2021
$28,929
-2%
$7,484
47%
2020
$29,489
—
$5,087
—
2019
$29,489
2%
$5,087
—
2018
$28,788
6%
$5,087
—
2016
$27,051
8%
$5,087
—
2016
$25,027
4%
$5,087
—
2014
$24,148
—
$5,087
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 113-119 Jericho Turnpike
113-119 Jericho Turnpike, Floral Park, NY 11001 (MLS# 1007615) is a Commercial property. 113-119 Jericho Turnpike is currently listed for $2,750,000 and was received on June 01, 2026. Want to learn more about 113-119 Jericho Turnpike? Do you have questions about finding other Commercial real estate for sale in Floral Park? You can browse all Floral Park real estate or contact a Coldwell Banker agent to request more information.

