25115 Northern Blvd - Retail FOR SALE


Little Neck, NY 11362
$6,000,000 USD
212-544-9500
25115 Northern Blvd, Little Neck, NY for Sale
$6,000,000 USD
Retail - FOR SALE
1/4
null | Request Cap Rate

25115 Northern Blvd
Little Neck, NY 11362


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.

FOR SALE DETAILS

PRICE

$6,000,000 USD

PRICE/SF

$789 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,480 SF

ZONING

R3-1

APN/PARCEL ID

08129-0079

ASK ABOUT THIS PROPERTY

Michael TortoriciAriel Property AdvisorsMore Info
212-544-9500

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Michael TortoriciAriel Property AdvisorsMore Info
212-544-9500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.