$45,500,000
( $539.41Per Sq Foot )
 $244,254 est/mo Sourced by Back At You

25177 Jericho Turnpike,Bellerose, NY 11426

Bellerose, NY 11426

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Description

Calling All Investors, Developers & End-Users!!! 84,300+ Sqft. 20 Unit Corner Building With National Tenants & Private Parking Garage On Jericho Tpke. For Sale!!! The Property Is Located In The Heart Of Bellerose On The Corner Of Little Neck Pkwy. Only Blocks From The Cross Island Pkwy.!!! The Building Features Excellent Signage, Great Exposure, R2A/C8-1 Zoning, High 15’ Ceilings, Private Underground Parking Garage, 2 Large Storage Areas, 4 Small Storage Areas, Elevator, Sprinklers, 2 Strategically Placed Curb Cuts, Signalized Intersection, 4 Stories, 120 Parking Spaces, 3 Phase Power, All New LED Lighting, CAC, +++!!! Neighbors Include Starbucks, Chase Bank, Webster Bank, Flagstar Bank, CubeSmart Self Storage, U-Haul, UPS, AT&T, Staples, Mobil, Gulf, Shell, CVS, Dunkin’, 7-Eleven, Mavis Discount Tire, Advance Auto Parts, Dollar Tree, CityMD, Jiffy Lube, Wendy’s, Taco Bell, KFC, +++!!! The Property Has 190’ Of Frontage On Jericho Tpke. + 134’ Of Frontage On Little Neck Pkwy.!!! This Property Has A Daily Traffic Count Of 32,000+ Vehicles Per Day!!! This Property Income: LL: Unit Parking (15,000 Sqft.): $225,000 Ann. (Available) C1 Storage (7,500 Sqft.): $112,500 Ann.; 3% Ann. Inc.; Lease Exp.: 7/31/26; (1) 2 Year Option. C2: Northbay Builders Corp Storage (5,000 Sqft.): $75,000 Ann.; Lease Exp.: 4/30/27. C2: AB Capstone File Room (600 Sqft.): $12,000 Ann.; Lease Exp.: 8/30/28. C3: Storage (600 Sqft.): $12,000 Ann. (Available) 1st Floor: Unit 1: Retro Fitness (2,850 Sqft.): $99,750 Ann.; 3% Ann. Inc.; Lease Exp.: 5/31/35; (1) 5 Year Option. Unit 2: Kung Fu Tea (589 Sqft.): $36,896.15 Ann.; 3% Ann. Inc.; Lease Exp.: 1/30/31; (1) 5 Year Option. Unit 3: US Kitchen Cabinet LLC (1,500 Sqft.): $77,660.11 Ann.; 3% Ann. Inc.; Lease Exp.: 12/31/33; (1) 5 Year Option. Unit 4-6: Tiger Schulman Karate (4,334 Sqft.): $204,317.12 Ann.; 10% Inc. Every 5 Years; Lease Exp.: 8/31/36; (2) 5 Year Options. Unit 7: Juice Bar (600 Sqft.): $30,000 Ann. 3 % Ann. Inc.; Lease Exp.: 8/31/28. Unit 8: LYMM Creations Krafty Hands (1,200 Sqft.): $60,777.46 Ann.; 3% Ann. Inc.; Lease Exp.: 12/31/33; (1) 5 Year Option. Unit 10: Children Of America (3,058 Sqft.): Included In Suite 302 Lease. 2nd Floor: Suite 201: Law Office (1,200 Sqft.): $46,275.84 Ann.; 3% Ann. Inc.; Lease Exp.: 11/30/26; (1) 5 Year Option. Suite 202: Office (800 Sqft.): $30,900 Ann.; 3% Ann. Inc.; Lease Exp.: 8/31/30; (1) 5 Year Option. Suite 203: Primerica (1,550 Sqft.): $80,922.03 Ann.; 3% Ann. Inc.; 11/30/26; (1) 5 Year Option. Suite 204: Retro Fitness (14,500 Sqft.): $623,805.96 Ann.; 10% Inc. Every 5 Years; Lease Exp.: 8/31/33; (3) 5 Year Options. 3rd Floor: Suite 301: Northwell Health (3,766 Sqft.): $179,790.72 Ann.; 10% Inc. Every 5 Years; Lease Exp.: 3/31/29; (1) 3 Year Option. Suite 302: Children Of America (9,267 Sqft.): $480,058.75 Ann.; 10% Inc. Every 5 Years; Lease Exp.: 4/30/39; (3) 5 Year Options. (Includes Unit 10 + Roof Space) 4th Floor: Suite 400: Body Language Aesthetics Corp (1,500 Sqft.): $61,744.38 Ann.; 3% Ann. Inc.; Lease Exp.: 12/31/29. Suite 401: Borealis Dermatology (2,400 Sqft.): $124,570.88 Ann.; 3% Ann. Inc.; Lease Exp.: 10/31/29; (1) 5 Year Option. Suite 403 (3,000 Sqft.): $144,000 Ann. (Available) Suite 404: Cash Advance Office (3,500 Sqft.): $144,000 Ann.; 3% Ann. Inc.; Lease Exp.: 7/31/33; (1) 5 Year Option. Roof: Antenna: Dish Network (1,000 Sqft.): $31,212 Ann.; 2% Ann. Inc.; Lease Exp.: 8/31/42. Playground: Children Of America (5,000 Sqft.): Lease Exp.: 10/31/38. Rental Income: $2,893,181.40 Ann. Reimbursement Income: $289,500 Ann. Expenses: Utilities: $24,000 Ann. Insurance: $46,890 Ann. Maintenance & Repairs: $37,500 Ann. Taxes: $450,000 Ann. Gross Income: $3,182,681.40 Ann. Total Expenses: $558,390 Ann. Pro Forma Net Operating Income (NOI): $2,624,291.40 Ann. Reply,

Details

MLS #1019082
Listing TypeFor Sale
StyleMulti-Family
Sub-TypeResale
StatusActive
Year2015
Days On Site85
Listing Provided ByAll Island Estates Realty Corp | Richard Matt Shane

Features

SQ Feet84,352
Units20
ZoningC8-1
Acreage0.58

Interior

CoolingCentral Air
HeatingOther

Exterior

Construction MaterialsOther
Foundation DetailsOther

Parking

Parking FeaturesOther, Open

Utilities

UtilitiesElectricity Connected
SewerPublic Sewer

Taxes

Tax Year2025
Tax Assessed Value8600400
Tax Annual Amount913026.16

Area Information

StateNY
CountyQueens
CityBellerose
Zip Code11426
Listing VS Median (in 11426)
Price:
$45,500,000
low | high
Med:
$792,000
100% of Average
sqft:
84,352
low | high
Med:
1,720
100% of Average
$ / sqft:
$539
low | high
Med:
$460
64.634827498083% of Average
On site:
85
low | high
Med:
107
79.439252336449% of Average
Sourced by Back At You

Market Activity 11426

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Learn More About This Property

Newburgh Office

Newburgh Office

 (845) 565-2800info@johnjleaserealtors.com
StateNY
CountyQueens
CityBellerose
Zip Code11426
Listing VS Median (in 11426)
Price:
$45,500,000
low | high
Med:
$792,000
100% of Average
sqft:
84,352
low | high
Med:
1,720
100% of Average
$ / sqft:
$539
low | high
Med:
$460
64.634827498083% of Average
On site:
85
low | high
Med:
107
79.439252336449% of Average
Sourced by Back At You
Listing Updated: July 9, 2026 at 3:36:43 PM PDT
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