FOR SALE: Prime Mixed-Use / Retail Building – Jackson Heights, Queens (82nd St / 7 Train Hub)
Price: ~$4,000,000
Cap Rate: 5.26%
NOI: $210,545
Rare opportunity to acquire a high-performing commercial asset in the heart of Jackson Heights, just steps from the 82nd Street station on the 7 train. Located along one of Queens’ busiest retail corridors, this property benefits from exceptional foot traffic and strong, consistent tenant demand.
Property Highlights:
• Prime location near 82nd St subway hub (7 train)
• High foot traffic corridor with constant pedestrian flow
• Strong in-place income with upside potential
• Ideal for retail, restaurant, medical, or mixed-use use
• Surrounded by national tenants and established local businesses
Investment Overview:
This property offers a stable 5.26% cap rate with solid in-place cash flow and long-term appreciation potential. The dense population and transit-driven traffic make this an ideal asset for investors seeking dependable returns in a supply-constrained market.
Location Benefits:
Situated along Roosevelt Avenue, one of Queens’ most active commercial strips, the property is positioned to capitalize on continuous commuter activity and a thriving neighborhood retail scene.
Opportunity:
Assets in this immediate submarket rarely come to market. This is an excellent opportunity for investors or owner-users to secure a foothold in one of NYC’s most resilient retail corridors.