40-14 83rd Street, Jackson Heights, NY 11373

Located in the epicenter of the Jackson Heights neighborhood, 40-14 83rd Street is a three-story mixed-use building offering a compelling value-add investment opportunity in one of Queens' most vibrant and densely populated submarkets. The property features two large three-bedroom residential units over a ground-floor retail store, comprising approximately 3,726 gross square feet (20' x 60') on a 2,000 square foot lot (20' x 100').

Delivered vacant, the building presents an immediate value-add opportunity with significant upside potential to bring both residential and retail rents to market rate. The property's Tax Class 2A designation, carrying a remarkably low annual tax burden of $14,055, provides meaningful financial predictability and long-term cost stability for ownership.

Situated just off Roosevelt Avenue — one of Queens' most bustling retail corridors, renowned for its heavy foot traffic and diverse commercial activity — the property benefits from exceptional visibility and strong consumer demand at its doorstep. The 82nd Street-Jackson Heights station, serving the 7 train, is just steps away, offering direct access to Midtown Manhattan in minutes. The Jackson Heights-Roosevelt Avenue station, serving the E, F, M, R, 7 and N/W lines, is under a ten-minute walk away, ensuring seamless connectivity for residents and customers throughout Queens, Manhattan, Brooklyn, and beyond. The area is further served by an abundance of local and express bus routes, and easy access to Queens Boulevard.

This offering represents a rare chance to acquire a vacant, tax-class protected, mixed-use asset with substantial value-add potential in one of the most dynamic corridors in all of Queens.