82-07 Roosevelt Ave - Storefront Retail/Office FOR SALE


Jackson Heights, NY 11372
$4,000,000 USD
646-423-9865
82-07 Roosevelt Ave, Jackson Heights, NY for Sale
$4,000,000 USD
Storefront Retail/Office - FOR SALE
1/14
null | 5.26% Cap Rate

82-07 Roosevelt Ave
Jackson Heights, NY 11372


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
  • Surrounded by national tenants and established local businesses
  • Situated along Roosevelt Avenue, one of Queens’ most active commercial strips

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$1,299 USD /SF

CAP RATE

5.26%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront, Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1922

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

C4-3 / R6

APN/PARCEL ID

01470-0044

ASK ABOUT THIS PROPERTY

Steven LeongNew Group RealtyMore Info
646-423-9865

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Steven LeongNew Group RealtyMore Info
646-423-9865

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