25177 Jericho Turnpike Bellerose, NY 11426
MULTI_FAMILY - Bellerose, NY
- Added:
- Jun 26, 2026
- Days on Market:
- 17
- Last Refresh:
- Jul 12 at 12:06 pm
Property Features for 25177 Jericho Turnpike
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- C8-1
- Parking features
- Open
- Standard status
- Active
- APN
- 08668-0108
- Lot size
- 0.58 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 913026
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2015
- Number of units
- 20
Listing agent Richard Matt Shane License #10301216230 (516) 279-8828
Listing office All Island Estates Realty Corp 3242 Railroad Ave, Wantagh, NY (516) 783-5600
Listing date Jun 26, 2026
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The building is located in Bellerose at the corner of Little Neck Parkway and Jericho Turnpike, with approximately 190' of frontage on Jericho Turnpike and approximately 134' of frontage on Little Neck Parkway. Reported daily traffic is 32,000+ vehicles per day. The surrounding tenant mix includes national and local operators such as Starbucks, Chase Bank, Webster Bank, Flagstar Bank, CVS, Dunkin', 7-Eleven, Staples, and Mavis Discount Tire.
Zoned C8-1 / R2A-C8-1, the offering includes extensive parking (120 spaces) and multiple leased suites and storage areas with varied lease expiration dates.
Key Highlights
- 84,300+ SF, 20‑unit corner building with national tenants and private underground parking garage on Jericho Tpke & Little Neck Pkwy.
- R2A/C8‑1 zoning; 4 stories; 190’ frontage on Jericho Tpke and 134’ frontage on Little Neck Pkwy.
- 120 parking spaces with open parking; elevator; sprinklers; 15’ high ceilings; all new LED lighting; CAC; 3‑phase power.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $4.25M | $50.40 |
| − Vacancy | −$548.1k | −$6.50 |
| EGI | $3.70M | $43.90 |
| − OpEx | −$925.2k | −$10.97 |
| NOI | $2.78M | $32.92 |
