248-51 Jericho Tpke, Bellerose, NY

$1,390,000

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2,680

Square feet

About 248-51 Jericho Tpke

Mixed-use property on Jericho Turnpike offering multiple income streams and strong visibility. The ground-floor commercial tenant is secured with 2 years remaining on the lease and 5% annual rent increases, providing stable and growing income. Above the retail space are two residential units: • Unit 1: 2 Bedrooms / 1 Bathroom • Unit 2: 1 Bedroom / 1 Bathroom (recently renovated with new kitchen and bathroom) Both units are currently month-to-month, offering flexibility and value-add potential for future rent adjustments. Additional income is generated from signage rental. Basement is vacant, a good value add. The property is in well-kept Condition B with no major deferred maintenance reported. There is also a concrete, fenced-in backyard providing private outdoor space or potential tenant use. Excellent location along an established commercial corridor close to transportation, shopping, schools, and community amenities. Please do not disturb tenants. Shown by appointment only.

Features of 248-51 Jericho Tpke

MLS® # 934393
Price $1,390,000
Bathrooms 0.00
Square Footage 2,680
Acres 0.00
Type Commercial Sale
Sub-Type Mixed Use
Status Active

Community Information

Address 248-51 Jericho Tpke
City Bellerose
County Queens
State NY
Zip Code 11426

Amenities

Utilities Natural Gas Connected, Sewer Connected, Water Connected
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas
Cooling None
Fireplace No
Has Basement Yes
Basement Full

Exterior

Construction Stucco

Additional Information

Date Listed November 19th, 2025
Days on Market 24
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRE/MAX Luxe
Contact Info718-969-0444

Listing Map

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