For SaleNeutral Deal56 days on market
322 Jericho Turnpike
322 Jericho Turnpike, Floral Park, NY 11001, Floral Park, NY 11001
$1,100,000
Listing Price
322 Jericho Turnpike, Floral Park, NY 11001
Loc: Floral Park, NY
Days Listed
56
Tax Assessed
$314k
Lot Size
2,000 sqft
Type
multi family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
9
John Lewis Childs School
PK-6
0.3 mi away
5
Sewanhaka High School
7-12
0.9 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
commercial storefrontbrick facadetwo-story buildingmixed-useurban architectureretail frontagemasonry constructiondisplay windowsflat roofstreet-level entrytraditional designneighborhood commercial
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.55%
Total ROI
101.2%
Cash Flow
$297/mo
DSCR
1.05
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $297/mo net cash flow with a 6.5% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.5%)
- • Strong rental demand in Floral Park
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-08-06 | Listed for sale | $1,100,000 | $273 |
| 2026-06-10 | Listing removed | $2,800 | $1 |
| 2026-04-17 | Price change | $2,800 | $1 |
| 2026-03-11 | Listed for rent | $2,900 | $1 |
| 2000-04-14 | Sold | $225,000 | $56 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2024 | $0 | $3,141 |
| 2023 | $0 | $3,141 |
| 2022 | $0 | $3,141 |
| 2021 | $14,739.04 | $0 |
| 2020 | $16,125.63 | $2,805 |
| 2019 | $15,758.8 | $2,805 |
| 2018 | $15,758.8 | $2,805 |
| 2017 | $14,820.21 | $2,805 |
| 2016 | $13,884.24 | $2,805 |
| 2015 | $2,179.48 | $2,805 |
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