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231 Jericho TpkeNew Hyde Park, NY 11040

For Sale

$1,288,000

Smart Buyer Rebate $12,880

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 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 is now 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 - 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.

Listed by Li Li

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B Square Realty

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646-889-9988

Last updated November 03, 2025

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Source: OneKey #854494

Listing Facts

  • TypeSingle-family
  • NeighborhoodNorth Hempstead
  • Bedrooms5
  • Bathrooms2
  • Days on Prevu229
  • Taxes$19,796.39/year
  • Size3,400 sqft
  • Price per sqft$379

Location

Mortgage Calculator

Listing History

04/28/2025
Listed by B Square Realty
$1,288,000

Property Details for 231 Jericho Tpke

Exterior

Construction

  • Property Attached: Yes
  • Property Condition: Updated/Remodeled
  • Year Built: 1949
  • Architectural Style: Other
  • Construction Materials: Other

Measurements

  • Building Area Total: 3,400
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.05
  • Lot Size Square Feet: 2,000

Financial

Taxes

  • Tax Annual Amount: $19,796.39
  • Tax Year: 2025

Interior

Features

  • Appliances: Other
  • Interior Features: Other

Measurements

  • Living Area: 3,400
  • Living Area Source: Public Records

Rooms

  • Basement: Walk-Out Access
  • Has Basement: Yes
  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 5
  • Rooms Total: 9

Schools

Elementary School

  • Elementary School: Hillside Grade School
  • Elementary School District: New Hyde Park-Garden City Park

High School

  • High School: Contact Agent
  • High School District: Contact Agent

Middle or Junior School

  • Middle Or Junior School: Call Listing Agent
  • Middle Or Junior School District: Contact Agent

Utilities

Equipment

  • Cooling: Ductless
  • Heating: Forced Air, Oil, Other
  • Sewer: Public Sewer
  • Utilities: See Remarks
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 5 bedrooms and 2 bathrooms in this single-family home at 231 Jericho Tpke.

What schools are nearby to 231 Jericho Tpke?

Nearby schools include the Hillside Grade School Elementary School, Call Listing Agent Middle School, and Contact Agent High School.

What are the annual taxes for 231 Jericho Tpke?

Annual taxes for this single-family home are estimated at $19,796.

How does 231 Jericho Tpke compare to other single-family homes in North Hempstead?

This single-family home is listed 46% below the average price for single-family homes in North Hempstead and has been on the market for 138 more days than the typical home in this area.

What is the square footage on this single-family home?

According to the MLS, this listing is 3,400 sqft.

231 Jericho Tpke is a 5-bedroom, 2-bath single-family home for sale in New Hyde Park NY 11040. Available on Prevu for 229 days at $1,288,000. This property features 3,400 square feet of living space, located in North Hempstead. The median listing price for single-family homes in this area is $1,296,944. Nearby schools include Hillside Grade School Elementary School, Call Listing Agent Middle School, and Contact Agent High School. Explore more single-family home listings in Nassau County.

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2025, OneKey™ MLS. All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.