Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET Estimated value $2,865,000
    Retail space

    24501 Jericho Tpke, Jamaica, NY 11426-1414

    14,650 SF 0.36 ac lot Built 1932
    Entity Owned 1-yr Hold Absentee Owner Free & Clear
    Property ID
    US63-2428311
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 24501 Jericho Turnpike in Bellerose, New York, presents a compelling investment opportunity for discerning buyers seeking long-term stability and strong returns. The property is ideally situated in a prime location, offering excellent visibility and accessibility. While the precise square footage is not currently available, the substantial asking price of $9,788,000 reflects the significant value and potential of this asset. The property's strength lies in its established tenancy, providing a consistent income stream and minimizing vacancy risks. This makes it an attractive option for investors prioritizing predictable cash flow and a low-maintenance investment. Further details regarding the specific tenants and lease agreements are available upon request. The property's location on Jericho Turnpike ensures high traffic volume and excellent exposure, making it an ideal location for a variety of commercial uses. This is a rare opportunity to acquire a well-established commercial property in a highly desirable area with a proven track record of success. Serious inquiries are encouraged to explore this exceptional investment opportunity further. The property sits on a 0-acre lot. The property type is classified as General Commercial.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1932
    Total area 14,650 SF
    Lot 0.36 ac (15,513 SF)
    Zoning code R4
    APN 08659-0001
    UPID US63-2428311
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $2.87M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $2.11M
    Blend (final) Blend
    $2.87M
    Owner & transaction history
    Bp Wildcats LLC · 1 yrs held
    Bp Wildcats LLC
    since 2024
    Last sale
    $2.9M
    6 recorded transactions
    2025
    2024
    $2.9M
    2014
    $6.0M
    2014
    2004
    $356,250
    1969
    Zoning & alternative use
    R4 · Jamaica, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 24501 Jericho Tpke?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message