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    84-29 Roosevelt Avenue Jackson Heights, NY 11372

    Source: https://caprijetrealty.com
    For Sale
    $28,000,000

    Great Investment Property Or Developer Right

    Property size:
    19,000 SF

    Description

    Added:
    May 8, 2025
    Days on Market:
    214
    Excellent! Excellent! Location. Great Investment Property Or Developer Right. Zoning R6/C1-3. Property On The Edge Of Roosevelt Avenue, Jackson Heights. A Package Of ONE Block 10 Unit Commercial Storefront For Sale. 3 Minute Away From 82nd Street Jackson Heights 7 Train Station......, Additional information: Building Size:200X95

    Property Features for 84-29 Roosevelt Avenue

    General Information

    Property type
    Individual retail properties
    Square Feet
    19,000 SF
    Price / Square Foot
    $1,473
    Elevators
    N/A
    Lot Size
    20,000 SF

    Building Details

    Units
    10
    Location Intelligence

    Current Use by Public Records

    Retail properties

    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
    State
    New York
    Longitude
    -74.0060152
    Latitude
    40.7127281

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    FAQs

    What type of property is this?
    Individual retail property - Great Investment Property Or Developer Right
    Where is this individual retail property located?
    The property is located at 84-29 Roosevelt Avenue Jackson Heights, NY.
    What is the asking price?
    The asking price for this property is $28,000,000.
    (718) 888-2965
    Request Owner's contact information
    84-29 Roosevelt Avenue Jackson Heights, NY 11372
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    Jackson Heights, NY 11372
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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
    84-29 Roosevelt Avenue Jackson Heights, NY 11372
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