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248-13/15 Jericho Tpke 4,800 SF 100% Leased Flex Building Bellerose, NY 11426 $3,800,000 ($791.67/SF)



Investment Highlights
- 130 feet of high-visibility frontage along Jericho Turnpike.
- Situated less than 17 minutes from JFK and LaGuardia airports.
- Approximately 4,000 SF of parking with capacity for 20 vehicles.
- Zoned R4/C2-3 with an FAR of 2, supporting future redevelopment opportunities.
Executive Summary
248-13/15 Jericho Turnpike presents a unique investment opportunity in the vibrant Bellerose section of Queens. This two-story flex property offers a showroom configuration with key features including 130 feet of highly visible frontage along Jericho Turnpike and approximately 4,000 square feet of dedicated parking accommodating up to 20 vehicles. Zoned R4/C2-3 with a 2.0 FAR, the site supports potential redevelopment, appealing to investors seeking long-term upside in a mixed-use district. The property benefits from a strategic location less than 17 minutes from both JFK and LaGuardia airports, providing excellent connectivity for operations or future tenants. With one grade-level door, 20-foot clear ceiling height, and essential utilities including natural gas, city water, and sewer, this property is positioned for a range of commercial uses. Whether maintaining its current showroom function or repurposing for adaptive development, 248-13/15 Jericho Turnpike stands out for its accessibility, infrastructure, and redevelopment potential in an established Queens market experiencing strong demand for versatile commercial spaces.
Property Facts
| Price | $3,800,000 | Lot Size | 0.31 AC |
| Price Per SF | $791.67 | Rentable Building Area | 4,800 SF |
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Sale Condition | Redevelopment Project | Year Built | 1931 |
| Property Type | Flex | Parking Ratio | 4.17/1,000 SF |
| Property Subtype | Showroom | Clear Ceiling Height | 20’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Zoning | R4/C2-3 - C1-/C2 Districts are commercial districts that are predominantly residential in character. | ||
| Price | $3,800,000 |
| Price Per SF | $791.67 |
| Sale Type | Investment or Owner User |
| Sale Condition | Redevelopment Project |
| Property Type | Flex |
| Property Subtype | Showroom |
| Building Class | C |
| Lot Size | 0.31 AC |
| Rentable Building Area | 4,800 SF |
| No. Stories | 2 |
| Year Built | 1931 |
| Parking Ratio | 4.17/1,000 SF |
| Clear Ceiling Height | 20’ |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | R4/C2-3 - C1-/C2 Districts are commercial districts that are predominantly residential in character. |
Amenities
- Signage
- Storage Space
Utilities
- Lighting
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Electric
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Moderately walkable
70/100
Moderately drivable
70/100
Strong public transit
80/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 08664-0070 | Improvements Assessment | $142,650 |
| Land Assessment | $80,100 | Total Assessment | $222,750 |
Property Taxes
Parcel Number
08664-0070
Land Assessment
$80,100
Improvements Assessment
$142,650
Total Assessment
$222,750
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248-13/15 Jericho Tpke
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