37-62 82nd Street Jackson Heights, NY 11372

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.