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 By
Agency Name: New Group Realty Inc
Agency Contact: 718-255-9100
Shown By
Agency Title: Coldwell Banker American Homes
Agency Phone: 866-831-4443
82-09 Roosevelt Avenue | MLS# 963382
This commercial property located at 82-09 Roosevelt Avenue, Jackson Heights, NY 11372 is currently listed for sale with an asking price of $4,900,000. Search Jackson Heights real estate on www.cbamhomes.com today.