Building Details

Building Size 1,450 SF

Listing Agency: Cross Island Realty One Inc c***@gmail.com Show Phone

Listed By: Archana Das · License #40DA1017887 Show Phone

Source: Adamstreetrealty

Added: May 20 Changed: Oct 22 Last Checked: Oct 22 at 2:33PM

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Investment Insights

Based on property information with market context.

This 1,450-square-foot retail space faces Hillside Avenue in Bellerose, New York. The property is identified for office or retail use, with the source also citing potential suitability for medical and professional services, check cashing, physical therapy, shipping, and child care operations.

Key Highlights

• 1,450 square feet of retail space
• Faces Hillside Avenue
• Use potential includes office, retail, medical and professional services, physical therapy, shipping, check cashing, and child care

Property Analytics

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Open Analytics

Current Use

Little Flower Daycare ... Daycare Center

Suggested Use

Top Pick Gym & Fitness Center Parking Lot & Garage Clothing & Fashion Store Cafe & Coffee Shop Nursing Home Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

$10.55 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

2,923

Businesses Nearby

Explore this area Business Placement

Demographics for 11426, NY

19,343

Population

6,813

Households

2.8

Avg Household Size

43

Median Age

44%

College-Educated

88%

High-School Grad

1.4 sq mi

ZIP Area

13,816

Density / Sq Mi

$107,591

Median Household Income

$57,622

Median Earnings

$2,158

Median Rent

$676,100

Median Home Value

Market

Lease Benchmarks for Bellerose, NY

$50.64 /SF/Yr

Avg Asking Price

$29.33–$73.5 /SF/Yr

Price Range

4,367 SF

Avg Space Size

This space is priced 39% above the average of $50.64 /SF/Yr.

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Frequently Asked Questions

What type of property is this?

Retail space - Street-facing space offers a layout suited to office or retail occupancy.

Where is this retail space located?

The property is located at 251-16 Hillside Ave Bellerose, NY.

What is the lease rate?

The lease rate is $8,500/Mo.

What are key features of this property?

This property features: 1,450 square feet of retail space; Faces Hillside Avenue; Use potential includes office, retail, medical and professional services, physical therapy, shipping, check cashing, and child care