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29840876
29840877

82-09 Roosevelt Avenue, Jackson Heights, NY 11372

SH
NY 10301223190
New Group Realty
New Group Realty
Listed by New Group Realty
$4,900,000
107 days on market
Updated 25 days ago
Opportunity zone

82-09 Roosevelt Avenue

Details
APN 01470-0043
Property Type Retail, Office (+1)
Sub Type Storefront, Executive Office (+1)
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.
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Listing Contacts

SH
NY 10301223190
New Group Realty
New Group Realty
Listed by New Group Realty

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Loan Amount
$0.00
Annual Debt Service
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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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Additional Information

Name
Sunny Huang
License
10301223190
Brokerage
New Group Realty
Brokerage Phone
718-255-9100
Title
Real Estate Associate Broker
Brokerage Address
39-35 Prince Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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