248-25 Union Turnpike

Share this listing

Pre-formatted captions, a short link, and a QR code β€” ready to paste.

Share image
Sized for LinkedIn Β· 1200Γ—627 β€” matches the caption above.
Rendering preview…

248-25 Union Turnpike

Bellerose, NY 11426
Asking Price
$15.25M
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The property features 21,500 square feet of retail storefront space.
  • The site is located at 248-25 Union Turnpike in Bellerose.
  • This commercial asset is currently available for purchase at $15,250,000.
  • The building is situated within a densely populated Queens submarket.
  • The location offers significant frontage along a major transit corridor.

What's Special

Bellerose serves as a vital corridor within Queens, providing a dense residential base and consistent transit connectivity for the surrounding community. This retail storefront property is positioned at 248-25 Union Turnpike, offering high visibility for businesses targeting the local population and commuters traversing the eastern portion of the borough. The asset comprises 21,500 square feet of interior space, suitable for a variety of commercial retail operations or service-oriented tenants seeking a footprint in this established New York submarket. Investors and business owners will recognize the potential for consistent foot traffic in this well-trafficked commercial zone. The scale of the space allows for diverse floor plans to accommodate modern retail requirements, ranging from neighborhood service centers to larger showroom concepts. This property represents a substantial acquisition in a stable municipal environment where retail demand remains steady due to the surrounding density and regional accessibility.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates β€” verify with your lender and accountant.

NOI
$80,000
Cap Rate
0.52%
DSCR
0.09
Underwater
Cash-on-Cash
-18.04%
Monthly Payment
$75,448.679
Annual Cash Flow
$-825,384.152

Location & Travel Times