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    231 Jericho Tpke, New Hyde Park, NY 11040
    $1,288,000
    5beds
    2bath
    3,400sqft
    0.05acres
    House for Sale

    231 Jericho Tpke, New Hyde Park, NY 11040

    Listing by: B Square Realty
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    Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
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    231 Jericho Tpke, New Hyde Park, NY 11040
    231 Jericho Tpke, New Hyde Park, NY 11040
    231 Jericho Tpke, New Hyde Park, NY 11040
    231 Jericho Tpke, New Hyde Park, NY 11040
    231 Jericho Tpke, New Hyde Park, NY 11040
    231 Jericho Tpke, New Hyde Park, NY 11040
    231 Jericho Tpke, New Hyde Park, NY 11040
    231 Jericho Tpke, New Hyde Park, NY 11040
    231 Jericho Tpke, New Hyde Park, NY 11040
    231 Jericho Tpke, New Hyde Park, NY 11040
    231 Jericho Tpke, New Hyde Park, NY 11040
    231 Jericho Tpke, New Hyde Park, NY 11040
    $1,288,000
    5beds
    2full,half bath
    3,400sqft
    0.05acres

    231 Jericho Tpke, New Hyde Park, NY 11040

    City/Town:New Hyde Park   Post Office: New Hyde Park     

    House for Sale by Li LiB Square Realty.

    Data checked 4 mins ago. Listing last updated 16 days ago.
    1. Overview
    2. Details
    3. More 

    Prime Investment Opportunity in New Hyde Park 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 currently occupied by reliable long-term tenants whose rent helps cover property expenses. 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.

    Details
      Property type
    Residential
      Year built
    1949
      Heating
    Forced Air, Oil, Other
      Cooling
    Ductless
      Total rooms
    9
      Garage
    No
      City/Town
    New Hyde Park
      Post Office
    New Hyde Park
      Parking spots
    -
    854494
    MLS ID
    Active
    Status
    04/28/2025
    On Market Date
      Laundry features
      Flooring
      Fireplace
    No
      Pets allowed
      Architectural Style
    Other
      Basement
    Walk-Out Access
      View
    Interior features
    Other
    Exterior features
    Lot features
    Appliances included
    Other
    Construction materials
    Other
    Monthly taxes
    $1,650
    Yearly taxes
    $19,796.39
    Community Features
    -
    School district
    New Hyde Park-Garden City Park, Contact Agent
    Schools
    Hillside Grade School, Call Listing Agent, Contact Agent
    Senior community
    No
    Common Charges
    -
    Maintenance
    -
    Additional Fees
    -
    Open Houses
    In-Person
    No upcoming in-person open houses
    Virtual
    No upcoming virtual open houses
    Contact Agent
    Li Li
    Li Li
    Real Estate Broker, B Square Realty
    Direct Number 
     
    Schools
    Elementary Schools
    Hillside Grade School
    150 Maple Dr W, New Hyde Park, NY 11040
    School Rating
    A-
    Grades
    PK-6
    Students
    503
    Teachers
    30.1
    Student to Teacher Ratio
    17:1
    Advanced Placement
    No
    Magnet School
    No
    Charter School
    No
    For properties located in the five boroughs of New York City, building data and tax history information is drawn from ACRIS records and is aggregated and provided by Cherre Inc. Buyer is responsible to verify all data presented.
    Demographics for 11040
    Population
    42,530
    Median age
    43.8
    Avg. household size
    3.0
    Avg. household income
    $175,952
    Households with children
    44.0%
    Households without children
    56.0%
    Employment
    Unemployment Rate
    6.9%
    Blue Collar
    31.0%
    White Collar
    62.1%
    Education
    Less than 9th grade
    3.6%
    Some high school
    4.2%
    High school graduate
    20.1%
    Some college
    12.5%
    Associate's degree
    6.7%
    Bachelor's degree
    29.8%
    Graduate degree
    23.1%
    For properties located in the five boroughs of New York City, building data and tax history information is drawn from ACRIS records and is aggregated and provided by Cherre Inc. Buyer is responsible to verify all data presented.
    Location
    Google Maps
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    231 Jericho Tpke, New Hyde Park, NY 11040, is a 5 bedroom, 2 bathroom, 3400 sqft. Single Family Residence built in 1949. This property is currently available for sale and was listed on OneKey® MLS on 4-28-2025. The MLS# for this Single Family Residence is MLS# 854494.
    Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
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