251-15 Jessie Ct Little Neck, NY 11362
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.