$6,990,000
78-14 Roosevelt Ave, Jackson Heights
Details
Property Type Mixed Use, Office
Sub Type Convenience Store, Pharmacy/Drug
Square Footage 10,562
Net Rentable (SqFt) 10,562
Cap Rate 5.32%
NOI $371,940
Price per SqFt $662
Lot Size (SqFt) 39,300
Mixed Use | 5.32% CAP | 10,562 SqFt
Marketing description
Mixed use RB/C2-3 10,562 sq ft building in the heart of bustling Jackson Heights. Strategically situated on a busy street on Roosevelt Ave. The site (corner of 79 St and Roosevelt) benefits from excellent foot traffic, making it a convenient shopping destination for locals and visitors alike. Currently a highly profitable 99 Cents Store and Language Learning School/Travel Center, well-positioned in one of Queens' most vibrant neighborhoods.
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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$371,940.00
$30,995.00/mo
Valuation Metrics
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DSCR
5.32%
Cap Rate
5.32%
ROI
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