Listed by New Group Realty
$4,900,000
82-09 Roosevelt Avenue
Details
APN 01470-0043
Property Type Retail, Office
Sub Type Storefront, Executive Office
Square Footage 3,560
Net Rentable (SqFt) 3,560
Units 2
Cap Rate 4.30%
NOI $213,000
Occupancy 100%
Tenancy Multi
Year Built 1922
Buildings 1
Stories 2
Lot Size (SqFt) 2,000
Zoning C4-3/R6
Investment Type Owner/User
Ground Lease No
Sale Condition N/A
Retail | 4.30% CAP | 3,560 SqFt
Marketing description
Prime fully occupied mixed-use investment opportunity in the heart of Jackson Heights. 82-09 Roosevelt Avenue is positioned along one of Queens’ most active commercial corridors, offering exceptional visibility, consistent foot traffic, and immediate access to the 7, E, F, M, and R subway lines.
Situated on a 20’ x 100’ lot, this 3,560 square foot building is configured for optimal income production and is currently 100% occupied, providing stable in-place cash flow. The property is zoned C4-3 / R6, allowing for a wide range of commercial and residential uses, making it attractive for both long-term hold investors and future redevelopment potential.
Located in a dense residential and retail neighborhood surrounded by national tenants and established local businesses, the asset benefits from strong demographics and sustained demand. The offering generates a 4.3% cap rate, delivering reliable returns in a high-barrier-to-entry New York City submarket.
Excellent opportunity for investors seeking a stabilized asset in a prime Roosevelt Avenue location with long-term upside potential.
Listing Contacts
Listed by New Group Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$213,000.00
$17,750.00/mo
Valuation Metrics
0
DSCR
4.35%
Cap Rate
4.35%
ROI
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