322 Jericho Turnpike
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.
Broker Details
Douglas Elliman Real Estate MLS ID: 181200 State License Number: 10301214776
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $1,100,000 |
| No. of Units: | 3 |
| Year Built: | 1926 |
| Opportunity Zone: | No |
| Price per unit: | $366,667 |
| Property Website | Click Here |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 4 |
ID: 3yd-MLSLINY-1032624
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