Garden City Park NY Real Estate & Commercial for Sale
2 Properties Found
The median home value in Garden City Park, NY is $867,500.
The national median home value is $308,980.
The average price of homes sold in Garden City Park, NY is $867,500.
Garden City Park real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Garden City Park real estate agent to arrange a tour today! Learn more about Garden City Park.
An outstanding opportunity awaits in the bustling commercial district of Garden City Park, Long Island. Situated on the main thoroughfare of Jericho Turnpike, this property benefits from heavy foot and vehicular traffic, with a large plaza right across the street, creating a hub of business activity. This offering comprises two commercial storefronts, currently generating a monthly rental income of $9,000. Tenants cover all utility expenses, making it a low-cost, high-return investment. Property taxes are low at $21,000.
Fully equipped Restaurant-Bar is presently unoccupied. Parking lot can accommodate 12 cars. 2 additional ancillary buildings consisting of a warehouse and an office building that is vacant. 3 apartments are also located within the main building. 2 are presently rented. Current real estate taxes are in the process of being grieved. Cap rate at 5.79% reflects the potential income for the fully occupied buildings. A unique opportunity for development.
