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Property profile & analytics
FOR SALE
Conventional restaurants

251-15 Jessie Ct Little Neck, NY 11362

7,600 SF
Property ID
US63-Q011641
Property summary
AI-generated overview

Ariel Property Advisors Presents 251-15 Northern Boulevard & 44-14 Jessie Court, a Rare and Unique Real Estate Opportunity for Investors or Owner-users in Little Neck, Queens. The Property Consists of Three Components: a 1-story, 6,300 Sq. Ft. 280-person Capacity Restaurant With 85’ of Frontage on Northern Boulevard. The Restaurant is Occupied by a Tenant on a Month-to-month Basis. A Parking Lot With 20 Parking Spaces That Are Currently Used by the Restaurant. Buyers Can Create Drive-thru Accessibility Between Jessie Court and Cornell Lane by Opening an Entrance on the West Side of the Parking Lot. Single Family Home That Can Be Delivered Vacant Located at the Entrance to the Parking Lot.its Central Location, Accessible Parking and Flexible Zoning (C-1/r3-1/r2a) Make It an Attractive Opportunity for Owner-users, Non-profits and Investors. Owner-users and Non-profits Will Appreciate the Property’s Ability to Accommodate Large Gatherings as Well as Host Educational, Artistic and Community-oriented Programming. Investors Can Leverage the Central Location to Attract Strong Retail Tenants. The Property is a Half Mile From the Long Island Railroad and is a Short Drive to the Lie & Cross Island Expressway.

Property profile
Verified
Property type Conventional restaurants
Total area 7,600 SF
UPID US63-Q011641
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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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