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$ 4,900,000
Est. payment /mo
Active
82-09 Roosevelt AVE Jackson Heights, NY 11372
1,999 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 963382
Rental Info No
Year Built 1922
Annual Tax Amount $52,125
Lot Size 1,999 Sqft
Acres 0.0459
Property Sub-Type Mixed Use
Source onekey2
Property Description
Prime fully occupied mixed-use investment opportunity in the heart of Jackson Heights. 82-09 Roosevelt Avenue is positioned along one of Queens' most active commercial corridors, offering exceptional visibility, consistent foot traffic, and immediate access to the 7, E, F, M, and R subway lines.
Situated on a 20' x 100' lot, this 3,560 square foot building is configured for optimal income production and is currently 100% occupied, providing stable in-place cash flow. The property is zoned C4-3 / R6, allowing for a wide range of commercial and residential uses, making it attractive for both long-term hold investors and future redevelopment potential.
Located in a dense residential and retail neighborhood surrounded by national tenants and established local businesses, the asset benefits from strong demographics and sustained demand. The offering generates a 4.3% cap rate, delivering reliable returns in a high-barrier-to-entry New York City submarket.
Excellent opportunity for investors seeking a stabilized asset in a prime Roosevelt Avenue location with long-term upside potential.
Situated on a 20' x 100' lot, this 3,560 square foot building is configured for optimal income production and is currently 100% occupied, providing stable in-place cash flow. The property is zoned C4-3 / R6, allowing for a wide range of commercial and residential uses, making it attractive for both long-term hold investors and future redevelopment potential.
Located in a dense residential and retail neighborhood surrounded by national tenants and established local businesses, the asset benefits from strong demographics and sustained demand. The offering generates a 4.3% cap rate, delivering reliable returns in a high-barrier-to-entry New York City submarket.
Excellent opportunity for investors seeking a stabilized asset in a prime Roosevelt Avenue location with long-term upside potential.
Location
State NY
County Queens
Rooms
Basement Finished, Storage Space
Interior
Heating Natural Gas
Cooling Ductless
Fireplace No
Exterior
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Special Listing Condition None
Listed by New Group Realty Inc • Steven Leong
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