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    86-18 Roosevelt Ave Jackson Heights, NY 11372

    Sponsored
    For Sale
    $24,800,000

    Industrial - Jackson Heights, NY

    Type:Industrial
    Days on Market:
    383
    Last Refresh:
    Jan 5 at 2:06 pm

    Property Features for 86-18 Roosevelt Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Industrial
    Standard status
    Active
    Zoning
    c2-3
    APN
    01501-0054

    Building Details

    Year built
    1956
    Number of units
    12
    Architectural style
    Other

    Century Homes Realty Group LLC (718) 886-6800 [email protected]

    Listing agent Linda Shen CBR (718) 886-6800 License #10401253393

    Listing date Dec 19, 2024

    MLS# L3593623 Listing URL

    Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Roosevelt Avenue Commercial Building

    A commercial building with 12 storefronts is available for sale. The property is located on Roosevelt Avenue in Jackson Heights, Queens, New York. The zoning is C2-3. The property can be used as a community center, shopping center, retail property, storefront property, or individual retail property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Community centers

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jackson Heights
    County
    Queens
    State
    New York
    Longitude
    -73.879027
    Latitude
    40.747873

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    FAQs

    What type of property is this?
    Community center - Commercial building with 12 storefronts for sale.
    Where is this community center located?
    The property is located at 86-18 Roosevelt Ave Jackson Heights, NY.
    What is the asking price?
    The asking price for this property is $24,800,000.
    What are key features of this property?
    This property features: - Commercial building for sale; - Located on Roosevelt Ave; - Includes **12 store fronts**
    (646) 338-8745
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    86-18 Roosevelt Ave Jackson Heights, NY 11372
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