253-06 Hillside AveBellerose, NY 11426

For Sale
Call for price
Prime Queens medical office, redevelopment potential.

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional multi-tenant medical office property, located at 253-06 & 253-10 Hillside Avenue in Bellerose, Queens, NY 11426, presents a rare investment opportunity. The property boasts a total of 5,896 square feet across two units, situated on a substantial 20,000 square foot lot. Its R3-2/C1-3 zoning allows for a diverse range of uses, making it highly versatile. Currently configured as a medical office complex, the property's prime location at a high-traffic intersection offers significant visibility and accessibility. The substantial lot size presents considerable redevelopment potential, exceeding the as-of-right development potential with the City of Yes Housing Opportunity Proposal, potentially allowing for over 30,000 buildable square feet. This presents a unique chance to capitalize on the growing demand for medical office space and explore various development options, including retail, residential, electric vehicle charging stations, and battery storage. The property's strategic location and flexible zoning make it an ideal investment for both experienced developers and savvy investors seeking a high-return opportunity in a thriving Queens County market. This is a truly exceptional opportunity to acquire a significant property in a prime location with substantial upside potential.

Highlights

  • 20,000 SF corner lot at a major intersection.
  • High development potential: retail, medical, residential, EV charging, battery storage.
  • City's Housing Opportunity program allows for 30,000+ SF buildable area.

Property Details for 253-06 Hillside Ave

Property type
Retail properties, Office properties
Square Feet
5,896 SF
Units
2

Location Insight

City
Bellerose
County
Queens
State
New York
Latitude
40.7356996
Longitude
-73.7143705
253-06 Hillside Ave, Bellerose, New York

FAQs

What type of property is this?
Retail property - Prime Queens medical office, redevelopment potential.
Where is the retail property located?
The property is located at 253-06 Hillside Ave Bellerose, NY.
What are key features of this property?
This property features: 20,000 SF corner lot at a major intersection.; High development potential: retail, medical, residential, EV charging, battery storage.; City's Housing Opportunity program allows for 30,000+ SF buildable area.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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253-06 Hillside Ave
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