322 Jericho Turnpike, Floral Park, NY 11001

$1,100,000
4
BD
2
BA
List Price
$1,100,000
Days on Market
0
MLS#
1032624
Status
COMING SOON
Property Type
Triplex
Year Built
1926
Property Tax
$10,280
School District
Sewanhaka Central
High School
Sewanhaka High School
Jr. High
Floral Park Memorial High School
Elementary School
John Lewis Childs School

Property Description

Income-producing mixed-use property in the heart of the Incorporated Village of Floral Park. Zoned B-2 Business, this exceptional investment opportunity features a first-floor commercial space currently occupied as a successful Art & Framing Gallery, plus two second-floor 2-bedroom residential apartments, offering multiple income streams in one of Nassau County's premier commercial corridors. The first-floor commercial space offers a spacious retail/showroom area, conference room, executive office, lunchroom, bathroom, powder room, and rear exit. Flexible floor plan offers future reconfiguration possibilities, subject to municipal approvals. The second floor consists of two separate 2-bedroom apartments, each featuring a living room, kitchen with dinette, full bath, foyer, and private entrance. The property also includes a finished basement, providing additional usable space for storage or business operations. All three units are separately metered for gas and electric and each has its own boiler and hot water heater. The building has been exceptionally maintained and is in turnkey condition, offering investors or owner-users immediate income with minimal capital improvements. Situated on a 20' x 100' lot with outstanding visibility along Jericho Turnpike, this property offers exceptional exposure for retail, office, or professional use while generating residential rental income. Conveniently located near the LIRR, major highways, shopping, restaurants, and other established businesses. Located in Flood Zone X (minimal flood hazard). An outstanding opportunity for investors or owner-users seeking a turnkey mixed-use property with strong income potential and long-term appreciation.

Additional Information

Bedrooms
4
Bathrooms
2
Full Baths
2
Acres
0.05
Parking
On Street
Basement
Finished, Full, See Remarks, Storage Space, Walk-Out Access
Heating
Natural Gas, Other
Cooling
Wall/Window Unit(s)
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: James Y. Chung (james.chung@elliman.com) from Listing Office: Douglas Elliman Real Estate.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.