MLS#966720
STATUSActive
PROPERTY TYPECommercial - Multiple
Property Description
Roosevelt Avenue Mixed-Use Investment Property. 2,398 SF building with a full basement. Projected CAP rate: 7%. The property features a long-term restaurant tenant occupying the first floor and basement, plus four residential studio apartments on the second floor (month-to-month tenancies). Income and expense information available upon request. Located on Roosevelt Avenue with strong foot traffic and convenient access to the 7, E, M, F, and R subway lines, the property offers stable income with future upside potential. All showings by appointment only. Please do not disturb tenants. Sale subject to third-party approval.
Property Features
Property Type: Commercial - Multiple
Basement: Finished, Full
Basement: Yes
Cooling: Wall/Window Unit(s)
Heating: Electric, Forced Air
Lot Size: 0.03 Acres
Taxes: $29,571
Year Built: 1928
Feature Descriptions
Building Area Total: 2398
Business Type: Residential, Restaurant
Days on Site: 83
Exterior: Brick
On Market Date: 2026-03-03
Parcel Number: 01302-0025
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Units: 5
Utilities: Electricity Connected, Natural Gas Connected, Water Connected
Water: Public
Listed By / Shown By
Listing By
Agency Name: ERealty Advisors Inc
Agency Contact: 516-888-9715
Shown By
Agency Title: Coldwell Banker American Homes
Agency Phone: 866-831-4443
7004 Roosevelt Avenue | MLS# 966720
This commercial property located at 7004 Roosevelt Avenue, Jackson Heights, NY 11372 is currently listed for sale with an asking price of $1,750,000. Search Jackson Heights real estate on www.cbamhomes.com today.