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$ 1,850,000
Est. payment /mo
Active
88-22 Roosevelt AVE Jackson Heights, NY 11372
1,093 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 990023
Rental Info No
Year Built 1989
Annual Tax Amount $25,406
Lot Size 1,093 Sqft
Acres 0.0251
Property Sub-Type Retail
Source onekey2
Property Description
Prime Jackson Heights 2 story 2,818 Sq.Ft commercial building plus a legal retail basement. Rare Vacancies in area. Heavy pedestrian and vehicle traffic. Only 1 block to the ultra busy 90th Street #7 subway platform. (5 million annual passengers) Layout of the building is as follows:
First floor 975+-Sq.Ft. Beauty Salon ($5,000 per Month. No Lease). 2nd Floor 943+-Sq.Ft office: (Vacant. Market $3,250 per Month). Lower Level/Basement: 900+- Sq.Ft retail/office: (Vacant. Market $3,250 per Month). Projected rents when fully rented at market value is $144,000 per year. Expenses are $36,109. Net Income: $101,891 (5.91 Cap)
First floor 975+-Sq.Ft. Beauty Salon ($5,000 per Month. No Lease). 2nd Floor 943+-Sq.Ft office: (Vacant. Market $3,250 per Month). Lower Level/Basement: 900+- Sq.Ft retail/office: (Vacant. Market $3,250 per Month). Projected rents when fully rented at market value is $144,000 per year. Expenses are $36,109. Net Income: $101,891 (5.91 Cap)
Location
State NY
County Queens
Rooms
Basement Finished, Walk-Out Access
Interior
Heating Natural Gas
Cooling None
Flooring Ceramic Tile
Fireplace No
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Building
Story 3
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Special Listing Condition None

Listed by RE/MAX Team • Nicos Psomopoulos
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