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$ 2,100,000
Est. payment /mo
Active
88-20 Roosevelt AVE #3 Jackson Heights, NY 11372
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1024104
Rental Info No
Year Built 1989
Annual Tax Amount $27,334
Property Sub-Type Retail
Source onekey2
Property Description
Prime 3-Unit Commercial Building in Heart of Jackson Heights. Discover an incredible investment opportunity in one of Queens' most vibrant, high-traffic commercial corridors. Located in the heart of Jackson Heights, this versatile three-unit commercial building offers immense upside potential for savvy investors or owner-users.
Value-Add Opportunity: Current rental income is below market rate, offering significant future revenue growth as leases turn over or transition to market value.
Separate Utilities: Tenants pay their own utilities, keeping landlord operational expenses exceptionally low.
Unmatched Location Equity: Situated in a dense, high-foot-traffic retail and business district with excellent transit accessibility. Regional Connectivity: Enjoy close proximity to major New York landmarks and upcoming world-class entertainment hubs, including Citi Field (Mets Stadium), the USTA Billie Jean King National Tennis Center, and the highly anticipated future casino development.
Value-Add Opportunity: Current rental income is below market rate, offering significant future revenue growth as leases turn over or transition to market value.
Separate Utilities: Tenants pay their own utilities, keeping landlord operational expenses exceptionally low.
Unmatched Location Equity: Situated in a dense, high-foot-traffic retail and business district with excellent transit accessibility. Regional Connectivity: Enjoy close proximity to major New York landmarks and upcoming world-class entertainment hubs, including Citi Field (Mets Stadium), the USTA Billie Jean King National Tennis Center, and the highly anticipated future casino development.
Location
State NY
County Queens
Interior
Heating Electric, Natural Gas, Forced Air
Cooling Central Air
Fireplace No
Exterior
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected
View City
Building
Sewer Public Sewer
Water Public
Structure Type Block,Brick
Schools
Elementary Schools Children'S Lab School (The)
Middle Schools Is 125 Thomas J Mccann Woodside
High Schools Queens24
School District Queens24
Others
Special Listing Condition None
Listed by Wagner & Kelly Inc • MD A. Hoque