3711-3713 74th St - Storefront Retail/Office FOR SALE


Jackson Heights, NY 11372
$20,750,000 USD
309-210-5330
3711-3713 74th St, Jackson Heights, NY for Sale
$20,750,000 USD
Storefront Retail/Office - FOR SALE
1/6
null | Request Cap Rate

3711-3713 74th St
Jackson Heights, NY 11372


HIGHLIGHTS

  • Prime Jackson Heights Retail location between 37th Avenue and the junction of Broadway and Roosevelt Ave
  • Steps from the 74th Street-Roosevelt Ave subway station (E, F, M, and R trains)
  • 80' of frontage
  • Elevator accessibility

OVERVIEW

Located steps from Queens' most ridden subway Station (74th Street-Broadway), 37-11 and 37-13 74th Street present a prime commercial opportunity in the Heart of Jackson Heights. The highly visible properties sit on 74th Street between 37th Avenue and the junction of Roosevelt Ave and Broadway. In total, the two properties are home to 20 tenants and span a combined 19,400 SF between three floors. Floors 1 and 2 house mainly retail tenants with the 3rd floor home to office space. The properties have a shared elevator in the rear of the buildings providing accessibility to the top floors. In 2024, 74th Street-Broadway subway station saw ridership of ~15,000,000 passengers, the 9th highest total of any station in NYC and the #1 title in Queens. Subsequently, the 74th Street retail corridor is also one of the busiest in Queens and is home to an array of local staple businesses. It is also surrounded by larger brands such as TD Bank, Chase Bank, Duane Reade, CityMD, Wendy's, Dunkin', Blink Fitness, as well as dozens of medical practices. With access to the E, F, M, and R trains steps from the property, the location is second-to-none in the neighborhood and is poised to see continued rent growth in immediate future.

FOR SALE DETAILS

PRICE

$20,750,000 USD

PRICE/SF

$1,070 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

C4-3

APN/PARCEL ID

01285-0027,01285-0029

ASK ABOUT THIS PROPERTY

Nick KolbusCushman & WakefieldMore Info
309-210-5330

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Nick KolbusCushman & WakefieldMore Info
309-210-5330

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.