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    251-15 Jessie Ct Little Neck, NY 11362

    • Retail properties
    • 7,600 SF
    For Sale
    View listing
    $6,000,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 251-15 Jessie Ct

    Property size
    7,600 SF
    Property type
    Retail properties
    Property subtype
    Restaurants

    Description

    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

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Little Neck
    County
    Queens
    State
    New York
    Longitude
    -73.7369
    Latitude
    40.7695

    Comparable in this City

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      241-15 Northern Blvd

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    • Value Estimation by Request
      2,900 SF

      25009 Northern Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,900 SF
      25009 Northern Blvd, Flushing, NY 11362-1353
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    • Value Estimation
      $430,000
      2,153 SF

      24801 Northern Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,153 SF
      24801 Northern Blvd, Flushing, NY 11362
      View Details
    • Value Estimation by Request
      6,825 SF

      23110 Northern Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 6,825 SF
      23110 Northern Blvd, Flushing, NY 11362-1043
      View Details

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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
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