RE/MAX Team
Listed by RE/MAX Team
$1,850,000
88-22 Roosevelt Avenue
Details
APN 01510-0064
Property Type Retail, Office
Sub Type Storefront, Executive Office
Units 3
NOI $101,891
Year Built 1989
Buildings 1
Acreage 0.025
Zoning R6
Retail
Marketing description
Prime Jackson Heights 2 story 2,818 Sq.Ft commercial building plus a legal retail basement. Rare Vacancies in area. Heavy pedestrian and vehicle traffic. Only 1 block to the ultra busy 90th Street #7 subway platform. (5 million annual passengers) Layout of the building is as follows:
First floor 975+-Sq.Ft. Beauty Salon ($5,000 per Month. No Lease). 2nd Floor 943+-Sq.Ft office: (Vacant. Market $3,250 per Month). Lower Level/Basement: 900+- Sq.Ft retail/office: (Vacant. Market $3,250 per Month). Projected rents when fully rented at market value is $144,000 per year. Expenses are $36,109. Net Income: $101,891 (5.91 Cap)
Listing Contacts
RE/MAX Team
Listed by RE/MAX Team
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$101,891.00
$8,490.92/mo
Valuation Metrics
0
DSCR
5.51%
Cap Rate
5.51%
ROI
Map
Zoning
R6 ResidentialMulti FamilyGeneral Residence
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View all 99 uses Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics
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