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    251-15 Jessie Ct Little Neck, NY 11362

    Sponsored
    For Sale
    $6,000,000

    Prime Queens location, high-capacity restaurant, ample parking.

    Property size:
    7,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Little Neck, Queens property offers a unique investment opportunity. The offering encompasses a 7,600 square foot, one-story restaurant with a 280-person capacity, featuring a commercial kitchen equipped with two walk-in refrigerators and one walk-in freezer. The restaurant boasts a large, open dining area and two smaller banquet rooms, along with two bathrooms. A significant asset is the adjacent 20-space parking lot, currently serving the restaurant, with potential for drive-thru access via Jessie Court and Cornell Lane. Adding to the versatility, a single-family home is included and will be delivered vacant. The property sits on a 15,300 square foot lot and benefits from flexible zoning (R2A

    Property Features for 251-15 Jessie Ct

    General Information

    Property type
    Restaurants
    Square Feet
    7,600 SF

    Building Details

    Stories
    1
    Units
    3

    HighLights

    • 280‑person capacity restaurant.
    • Commercial kitchen with two walk‑in refrigerators and one walk‑in freezer.
    • Large dining room and two banquet rooms.
    • Two bathrooms.
    • Over 20 parking spaces.
    • Vacant single‑family home included.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Little Neck
    County
    Queens
    State
    New York
    Longitude
    -73.736868
    Latitude
    40.7694578

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    FAQs

    What type of property is this?
    Restaurant - Prime Queens location, high-capacity restaurant, ample parking.
    Where is this restaurant located?
    The property is located at 251-15 Jessie Ct Little Neck, NY.
    What is the asking price?
    The asking price for this property is $6,000,000.
    What are key features of this property?
    This property features: 280-person capacity restaurant.; Commercial kitchen with two walk-in refrigerators and one walk-in freezer.; Large dining room and two banquet rooms.
    Request Owner's contact information
    251-15 Jessie Ct Little Neck, NY 11362
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    Little Neck, NY 11362
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    251-15 Jessie Ct Little Neck, NY 11362
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