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3711-3713 74th St 19,400 SF 100% Leased Retail Building Jackson Heights, NY 11372 $19,250,000 ($992.27/SF)
INVESTMENT HIGHLIGHTS
- Prime Jackson Heights Retail location between 37th Avenue and the junction of Broadway and Roosevelt Ave
- 80' of frontage
- Steps from the 74th Street-Roosevelt Ave subway station (E, F, M, and R trains)
- Elevator accessibility
EXECUTIVE SUMMARY
Located steps from Queens' most ridden subway Station (74th Street-Broadway), 37-11 and 37-13 74th
Street present a prime commercial opportunity in the Heart of Jackson Heights. The highly visible
properties sit on 74th Street between 37th Avenue and the junction of Roosevelt Ave and Broadway.
In total, the two properties are home to 20 tenants and span a combined 19,400 SF between three
floors. Floors 1 and 2 house mainly retail tenants with the 3rd floor home to office space. The properties
have a shared elevator in the rear of the buildings providing accessibility to the top floors.
In 2024, 74th Street-Broadway subway station saw ridership of ~15,000,000 passengers, the 9th
highest total of any station in NYC and the #1 title in Queens. Subsequently, the 74th Street retail
corridor is also one of the busiest in Queens and is home to an array of local staple businesses. It is also
surrounded by larger brands such as TD Bank, Chase Bank, Duane Reade, CityMD, Wendy's, Dunkin',
Blink Fitness, as well as dozens of medical practices.
With access to the E, F, M, and R trains steps from the property, the location is second-to-none in the
neighborhood and is poised to see continued rent growth in immediate future.
Street present a prime commercial opportunity in the Heart of Jackson Heights. The highly visible
properties sit on 74th Street between 37th Avenue and the junction of Roosevelt Ave and Broadway.
In total, the two properties are home to 20 tenants and span a combined 19,400 SF between three
floors. Floors 1 and 2 house mainly retail tenants with the 3rd floor home to office space. The properties
have a shared elevator in the rear of the buildings providing accessibility to the top floors.
In 2024, 74th Street-Broadway subway station saw ridership of ~15,000,000 passengers, the 9th
highest total of any station in NYC and the #1 title in Queens. Subsequently, the 74th Street retail
corridor is also one of the busiest in Queens and is home to an array of local staple businesses. It is also
surrounded by larger brands such as TD Bank, Chase Bank, Duane Reade, CityMD, Wendy's, Dunkin',
Blink Fitness, as well as dozens of medical practices.
With access to the E, F, M, and R trains steps from the property, the location is second-to-none in the
neighborhood and is poised to see continued rent growth in immediate future.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
19,400 SF
Building Class
C
Year Built
1991
Price
$19,250,000
Price Per SF
$992.27
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.94
Lot Size
0.23 AC
Zoning
C4-3 - Regional commercial center located outside of the central business districts
Frontage
80’ on 74th St
Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (75)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,453,920 | |
| Land Assessment | $422,100 | Total Assessment | $2,876,020 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$422,100
Improvements Assessment
$2,453,920
Total Assessment
$2,876,020
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3711-3713 74th St
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