251-15 Northern Boulevard & 44-14 Jessie Court, NY

Commercial / Non-Profit Owner-User Opportunity

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Overview

Key Highlights

  • Price $6,000,000
  • Gross SF 7,600
  • Parking Spots 20

Investment Highlights

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.

Location

Our Team

Michael Tortorici

Founding Partner
Ariel Property Advisors
212.544.9500 Ext. 13

Sean Kelly

Partner
Ariel Property Advisors
212.544.9500 Ext. 59

Alexander Taic

Ariel Property Advisors
212.544.9500 Ext. 44

Erik Moloney

Ariel Property Advisors
212.544.9500 Ext. 24

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