Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
R4 · Jamaica, NYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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