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Prime Roosevelt Ave Commercial Property 6902 Roosevelt Ave 3,500 SF Retail Building Flushing, NY 11377 $2,590,000 ($740/SF) 5.13% Cap Rate
INVESTMENT HIGHLIGHTS
- High-traffic location in one of Queens’ most active commercial corridors. Nonstop pedestrian and vehicle flow
- Exceptional flexibility for new ownership
- Rare investment opportunity offering both stable income and significant value-add potential
- Premier corner commercial property on Roosevelt Ave with unmatched visibility
- Strong demographics and proven retail demand driving long-term appreciation
EXECUTIVE SUMMARY
Building Size: 25’ × 70’
3 Levels: 1st Floor + 2nd Floor + Finished Basement
Approx. 1,750 SF per floor
Corner Property with exceptional visibility
High-traffic Roosevelt Ave location
Restaurant tenant paying $14,850/month (Month-to-Month)
Ideal for investor or owner-user!
3 Levels: 1st Floor + 2nd Floor + Finished Basement
Approx. 1,750 SF per floor
Corner Property with exceptional visibility
High-traffic Roosevelt Ave location
Restaurant tenant paying $14,850/month (Month-to-Month)
Ideal for investor or owner-user!
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$178,200
|
$50.91
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$178,200
|
$50.91
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$45,222
|
$12.92
|
| Net Operating Income |
$132,978
|
$37.99
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $178,200 |
| Annual Per SF | $50.91 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $178,200 |
| Annual Per SF | $50.91 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $45,222 |
| Annual Per SF | $12.92 |
| Net Operating Income | |
|---|---|
| Annual | $132,978 |
| Annual Per SF | $37.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,500 SF
Building Class
C
Year Built
1931
Price
$2,590,000
Price Per SF
$740
Cap Rate
5.13%
NOI
$132,978
Tenancy
Single
Building Height
2 Stories
Building FAR
2.00
Lot Size
0.04 AC
Zoning
R6, C1-4
Frontage
25’ on Roosevelt Ave
AMENITIES
- 24 Hour Access
- Corner Lot
- Restaurant
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Amazing Grace Restaurant Corp
- Accommodation and Food Services
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Amazing Grace Restaurant Corp | Accommodation and Food Services | - | - | - |
Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (71)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 01301-0025 | Improvements Assessment | $337,230 |
| Land Assessment | $63,000 | Total Assessment | $400,230 |
PROPERTY TAXES
Parcel Number
01301-0025
Land Assessment
$63,000
Improvements Assessment
$337,230
Total Assessment
$400,230
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Presented by
Billion Homes Realty Corp
Prime Roosevelt Ave Commercial Property | 6902 Roosevelt Ave
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