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37-62 82nd Street Jackson Heights, NY 11372

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Sponsored
Source: https://caprijetrealty.com
For Sale
$15,000,000

Commercial Building For Sale

Property size:
12,115 SF

Property Features for 37-62 82nd Street

General Information

Property type
Individual retail properties
Square Feet
12,115 SF
Price / Square Foot
$1,238
Elevators
N/A
Lot Size
7,000 SF

Building Details

Year Built
1926
Buildings
1
Stories
2

Overview

Two-Story Commercial Building For Sale

Located in Jackson Heights, this two-story commercial building at 37-62 82nd Street is situated steps away from the 7 train. The building features a 70-foot frontage and a depth of 100 feet, occupying a 7,000 square foot lot. The total building size is 12,115 square feet across two stories and a basement. Significant updates were completed in 2011, including a new roof, boilers, and HVAC system. Zoned C4-3, the property allows for a total buildable area of 11,685 square feet, with the potential to add two more floors. The property is fully leased. Duane Reade occupies the ground floor, and the second floor is rented to long-term tenants, including a language school and a dental practice. Duane Reade holds a double net master lease for the entire building. The area experiences heavy foot traffic and is home to retailers such as Gap, Skechers, Foot Locker, Target, Banana Republic, Old Navy, Carters, Pandora, Sephora, FedEx, AT&T, T-Mobile, McDonald's, Shake Shack, Chase Bank, Capital One Bank, Bank of America, United Healthcare, and Mount Sinai. Office space accounts for 50% of the property.

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Listing Contact
Victor Kraiem

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Property Profile Insight Report Location Intelligence

Current Use by Public Records

Retail properties & Spaces

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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

FAQs

What type of property is this?
Individual retail property - Commercial Building For Sale
Where is this individual retail property located?
The property is located at 37-62 82nd Street Jackson Heights, NY.
What is the asking price?
The asking price for this property is $15,000,000.
More about this property
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