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231 Jericho Tpke
New Hyde Park NY 11040 US

$1,288,000

Active Listing ID 854494
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5 bed
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2.00 Bath (2 Full)
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Lot: 0.05 Acres
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Single Family Residence

$1,288,000

Active Listing ID 854494
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231 Jericho Tpke 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.

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Property Features

  • Facts
  • Lot Size: 0.05 Acres
  • Property Type: Residential
  • Property Sub-type: Single Family Residence
  • Features
  • Full Bathrooms: 2
  • Cooling System: Ductless
  • Heating Fuels: Forced Air, Oil

School Information

  • School
  • Hillside Grade School(Elementary)
  • Contact Agent(MiddleSchool)
  • Contact Agent(HighSchool)

Property

  • propertytype: Residential
  • propertysubtype: Single Family Residence
  • listprice: 1288000
  • unparsedaddress: 231 Jericho Tpke
  • postalcity: New Hyde Park
  • stateorprovince: NY
  • country: US
  • postalcode: 11040
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.05
  • lotsizeunits: Acres
  • lotsizearea: 0.05
  • livingarea: 3400
  • livingareaunits: Square Feet
  • latitude: 40.731548
  • longitude: -73.691277
  • listagentfullname: Li Li
  • listagentemail: barbieli@bsquarerealty.com
  • listagentkey: 3yd-MLSLINY-169035
  • listagentmlsid: 169035
  • listagentpreferredphone: 7189398388
  • listagentofficephone: 7189398388
  • listofficekey: 3yd-MLSLINY-LILI01
  • listagentstatelicense: 10311207854
  • listofficemlsid: LILI01
  • disclaimer: Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MLSLINY
  • yearbuilt: 1949
  • listingcontractdate: 2025-04-28
  • countyorparish: Nassau County
  • elementaryschool: Hillside Grade School
  • highschool: Contact Agent
  • elementaryschooldistrict: Contact Agent
  • middleorjuniorschooldistrict: Contact Agent
  • highschooldistrict: Contact Agent
  • cooling: Ductless
  • heating: Forced Air, Oil
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • architecturalstyle: Other
  • rooms: Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -73.69128, 40.73155
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"B Square Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"info@bsquarerealty.com", "ListBrokerageCity":"Flushing", "ListBrokerageCountry":"US", "ListBrokerageEmail":"bl@bsquarerealty.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MLSLINY/91363401d2f111e89a950242ac11000a/20191002150617522.png", "ListBrokerageName":"B Square Realty", "ListBrokeragePhone":"718-939-8388", "ListBrokeragePostalCode":"11354", "ListBrokerageStateOrProvince":"NY", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"136-20 38 Ave 3E", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"13620 38th Ave Ste 3E", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"169035", "ListOfficeCity":"Flushing", "ListOfficeCountry":"US", "ListOfficeEmail":"bsquarerealty@gmail.com", "ListOfficePostalCode":"11354", "ListOfficeStateOrProvince":"NY", "ListPriceCurrencyType":"USD", "ListingTitle":"Single Family Residence - New Hyde Park, NY", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/231-Jericho-Tpke_New-Hyde-Park_NY_11040_M90916-16493?f=listhub&s=MLSLINY&m=854494&c=rexren", "MLSModificationTimestamp":"2025-10-14T15:06:36Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Single Family Residence", "RawPropertyType":"Residential", "RoomCount":9, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":19796.39, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/14/2025 9:07:50 PM GMT
Source Updated Date: 12/7/2025 6:57:29 AM GMT

Courtesy of: Li Li, B Square Realty, barbieli@bsquarerealty.com

Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.