Floral Park Homes with Mixed Use Subtype

Floral Park Homes with Mixed Use Subtype

Floral Park, a charming village located in Nassau County, New York, offers a unique blend of residential, commercial, and recreational opportunities. Known for its tree-lined streets, beautiful parks, and top-rated schools, Floral Park is a highly sought-after community for families and professionals alike.

One of the appealing features of Floral Park is the availability of homes with a Mixed-Use subtype. These properties provide the flexibility of combining residential and commercial spaces, making them ideal for those looking to live and work in the same location. Whether you're a small business owner, an entrepreneur, or someone who values the convenience of having amenities within walking distance, homes with a Mixed-Use subtype in Floral Park offer a versatile and convenient lifestyle.

With its convenient location, strong sense of community, and diverse real estate options, Floral Park presents an excellent opportunity for those seeking a vibrant and dynamic place to call home. Explore the possibilities in Floral Park and discover the perfect blend of residential living and commercial convenience in this thriving village.

Newest Floral Park Homes with Mixed Use Subtype

$2,750,000
1007615 MLS
113–119 Jericho Turnpike, Floral Park, NY – Prime mixed-use investment opportunity featuring two commercial units (approximately 1,200 SF each with full basements), two 2-bedroom apartments on the second floor, and a 60' x 60' parking lot. The property generates approximately $141,600 in annual gross income, including $96,000 from commercial tenants and $45,600 from residential units. Annual property taxes are approximately $32,000, with approximately 70% of the tax burden allocated to the commercial tenants, resulting in a net operating income (NOI) of approximately $127,800 and a 4.7% cap rate based on the $2,750,000 asking price. Well-located on Jericho Turnpike, this asset offers stable income and long-term investment potential.

113-119 Jericho Turnpike, Floral Park
$1,175,000
976442 MLS
Fantastic investment mix-use property with 2 commercial units and 2 residential units as well as billboards for rental income. Comes fully rented out with solid long-term tenants. Ideally located right off of Cross Island Parkway on the densely commercial Jericho Turnipike, close to Bellerose & Floral Park train stations and their downtown areas. __ 4-unit mix-use building breakdown: 1st Floor Corner Commercial Store - Convenience Store with basement 1st Floor Salon Retail 2nd Floor 2BR/1Bath residential apartment (not renovated) 2nd Floor 1Br/1Bath residential apartment (renovated) __ 1st Floor total SF = 1700 SF 2nd Floor total SF = 1300 SF Basement total SF = 1700 SF

246-02 Jericho Turnpike, Floral Park
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