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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.

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
Storefront Retail/Office
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

Starbucks
CTown
Bank of America
Chase
Capital One
Smashburger
Dime Community Bank
Apple Bank
Flagstar Bank N.A.
Citi

Property Taxes

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
  • Listing ID: 40134300

  • Date on Market: 4/13/2026

  • Last Updated:

  • Address: 82-07 Roosevelt Ave, Jackson Heights, NY 11372

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