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82-07 Roosevelt Ave 3,080 SF 100% Leased Retail Building Jackson Heights, NY 11372 $4,000,000 ($1,298.70/SF) 5.26% Cap Rate



Investment Highlights
- Prime location near 82nd St subway hub (7 train)
- Strong in-place income with upside potential
- Situated along Roosevelt Avenue, one of Queens’ most active commercial strips
- High foot traffic corridor with constant pedestrian flow
- Surrounded by national tenants and established local businesses
Executive Summary
FOR SALE: Prime Mixed-Use / Retail Building – Jackson Heights, Queens (82nd St / 7 Train Hub)
Price: ~$4,000,000
Cap Rate: 5.26%
NOI: $210,545
Rare opportunity to acquire a high-performing commercial asset in the heart of Jackson Heights, just steps from the 82nd Street station on the 7 train. Located along one of Queens’ busiest retail corridors, this property benefits from exceptional foot traffic and strong, consistent tenant demand.
Property Highlights:
• Prime location near 82nd St subway hub (7 train)
• High foot traffic corridor with constant pedestrian flow
• Strong in-place income with upside potential
• Ideal for retail, restaurant, medical, or mixed-use use
• Surrounded by national tenants and established local businesses
Investment Overview:
This property offers a stable 5.26% cap rate with solid in-place cash flow and long-term appreciation potential. The dense population and transit-driven traffic make this an ideal asset for investors seeking dependable returns in a supply-constrained market.
Location Benefits:
Situated along Roosevelt Avenue, one of Queens’ most active commercial strips, the property is positioned to capitalize on continuous commuter activity and a thriving neighborhood retail scene.
Opportunity:
Assets in this immediate submarket rarely come to market. This is an excellent opportunity for investors or owner-users to secure a foothold in one of NYC’s most resilient retail corridors.
Price: ~$4,000,000
Cap Rate: 5.26%
NOI: $210,545
Rare opportunity to acquire a high-performing commercial asset in the heart of Jackson Heights, just steps from the 82nd Street station on the 7 train. Located along one of Queens’ busiest retail corridors, this property benefits from exceptional foot traffic and strong, consistent tenant demand.
Property Highlights:
• Prime location near 82nd St subway hub (7 train)
• High foot traffic corridor with constant pedestrian flow
• Strong in-place income with upside potential
• Ideal for retail, restaurant, medical, or mixed-use use
• Surrounded by national tenants and established local businesses
Investment Overview:
This property offers a stable 5.26% cap rate with solid in-place cash flow and long-term appreciation potential. The dense population and transit-driven traffic make this an ideal asset for investors seeking dependable returns in a supply-constrained market.
Location Benefits:
Situated along Roosevelt Avenue, one of Queens’ most active commercial strips, the property is positioned to capitalize on continuous commuter activity and a thriving neighborhood retail scene.
Opportunity:
Assets in this immediate submarket rarely come to market. This is an excellent opportunity for investors or owner-users to secure a foothold in one of NYC’s most resilient retail corridors.
Financial Summary (Actual - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,080 SF
Building Class
C
Year Built
1922
Price
$4,000,000
Price Per SF
$1,298.70
Cap Rate
5.26%
NOI
$210,545
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.41
Lot Size
0.05 AC
Opportunity Zone
Yes
Zoning
C4-3 / R6 - C4 - Regional commercial center located outside of the central business districts
Frontage
20’ on Roosevelt Ave
Amenities
- Bus Line
- Commuter Rail
- Metro/Subway
Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 01470-0044 | Total Assessment | $412,560 (2025) |
| Land Assessment | $118,800 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $293,760 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
01470-0044
Land Assessment
$118,800 (2025)
Improvements Assessment
$293,760 (2025)
Total Assessment
$412,560 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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82-07 Roosevelt Ave
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