True
Space Available For Lease 1
231 Jericho Tpke |
Prime Commercial for Lease in New Hyde ParkApprox. 1,700 SF ground-floor storefront plus 1,400 SF basement now available for lease on busy Jericho Turnpike — a turnkey setup ideal for food business operators. This fully renovated commercial space features a move-in ready kitchen with professional-grade equipment and a new split AC system. The layout is perfectly suited for concepts such as pho, rice noodles, mala hot pot, or bubble tea — just bring your brand and open for business. Located in New Hyde Park's vibrant commercial corridor, the property benefits from strong foot traffic, high visibility, and easy access to major highways. This solid brick building has been upgraded throughout, offering modern functionality in a thriving neighborhood. |
Contacts
B Square Realty
Property Details
- Property Type Mixed Use
- Property Size 3,400 SF
- Lot Size 0.05 Acre
- # of Floors 2
- Average Floor Size 1,700 SF
- Year Built 1949
- Date Updated May 27, 2025
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.
Reach out to the broker for more info on lease terms and amenities
Attachments
Getting around
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85/100
Walk Score ®
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55/100
Bike Score ®
Location
- City New Hyde Park, NY
- Neighborhood New Hyde Park
- Zip Code 11040
- Market Long Island
Points of Interest
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Track 3
0.43 miles
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Underpass
0.45 miles
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Track 2
0.48 miles
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Platform A
0.51 miles
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New Hyde Park
0.56 miles
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Platform B
0.77 miles
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Overpass
0.79 miles
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Platform C
0.83 miles
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Nassau Boulevard
1.61 miles
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Elmont
1.95 miles
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BP
0.44 miles
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GivnGo
0.49 miles
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Mobil
0.62 miles
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Shell
0.63 miles
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Sunoco
0.79 miles
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Metro Fuel
0.82 miles
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Exxon
0.84 miles
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USA
1.00 miles
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General Electric
3.49 miles
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01
3.83 miles
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New Hyde Park Municipal Parking
0.55 miles
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Spooner Street Parking Field
0.69 miles
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Creedmoor Spur Parking Field
0.91 miles
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FS-2
1.84 miles
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Hy Weinberg Car Park
2.20 miles
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St. Paul's Parking Lot
2.24 miles
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GC Hotel Parking
2.70 miles
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Parking Field 1
2.72 miles
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Parking Field 6
2.98 miles
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Parking Field 15
2.98 miles
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Paramount Inn
0.91 miles
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Floral Park Motor Lodge
1.10 miles
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Parkway Motor Inn
1.71 miles
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The Garden City Hotel
2.70 miles
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Ken's house
3.12 miles
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SpringHill Suites
3.91 miles
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700 Garden City Plaza
3.94 miles
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Homewood Suites by Hilton
3.96 miles
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Adria Hotel & Conference Center
4.17 miles
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Travelodge by Wyndham Manhasset
4.18 miles
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Stop & Shop
0.78 miles
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Key Food
0.89 miles
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Apna Bazar
0.95 miles
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King Kullen
0.97 miles
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Premium Supermarket
1.12 miles
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Maharaja Farmers Market
1.27 miles
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Cammps
1.32 miles
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Patel Brothers
1.34 miles
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Maharaja Farmer's Market
1.41 miles
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Shop Fresh Supermarket
1.50 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
B Square Realty
