231 Jericho Tpke 3,400 SF Retail Building New Hyde Park, NY 11040 $1,773,975 CAD ($521.76 CAD/SF)

Prime Investment Opportunity in New Hyde Park - First Floor Tenant Occupied
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 commercial kitchen including professional equipment and new split AC system. The space is now tenant occupied. The second floor provides stable rental income with a spacious 5 bedroom 2 bathroom unit is currently vacant.
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 -collect rent from the restaurant 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.