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8401-8429 Roosevelt Ave 19,000 SF 100% Leased Retail Building Jackson Heights, NY 11372 $28,000,000 ($1,473.68/SF) 4.16% Cap Rate
Investment Highlights
- Heavy daytime foot traffic
- Lots of natural light
Executive Summary
A Package Of 9 Buildings For Sale.
Excellent! Excellent! Location. Great Investment Property. On The Edge Of Roosevelt Avenue, Jackson Heights. 2 Minute Away From 82nd Street 7 Train Station. Cap Rate 4%.
Excellent! Excellent! Location. Great Investment Property. On The Edge Of Roosevelt Avenue, Jackson Heights. 2 Minute Away From 82nd Street 7 Train Station. Cap Rate 4%.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
19,000 SF
Building Class
C
Year Built
1928
Price
$28,000,000
Price Per SF
$1,473.68
Cap Rate
4.16%
NOI
$1,165,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.95
Lot Size
0.46 AC
Zoning
R6 - Medium density residential district
Frontage
30’ on Roosevelt Ave
Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 01472-0036 | Improvements Assessment | $3,000,090 |
| Land Assessment | $810,000 | Total Assessment | $3,810,090 |
Property Taxes
Parcel Number
01472-0036
Land Assessment
$810,000
Improvements Assessment
$3,000,090
Total Assessment
$3,810,090
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8401-8429 Roosevelt Ave
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