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    7117 Roosevelt Ave Jackson Heights, NY 11372

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    For Lease
    Contact for pricing

    New retail space near transit and residential units.

    Property size:
    16,551 SF
    Lot size:
    0.99 Acres

    Property Features for 7117 Roosevelt Ave

    General Information

    Size
    16,551 SF
    Lot size
    0.99 Acres

    Source: The Heller Organization Agent Joshua Singer

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Retail Space in Jackson Heights

    This brand new retail space is located in Jackson Heights, one block from the Jackson Heights-Roosevelt Avenue train station. The property is situated in a 15-story building that includes 154 residential units. With 16,551 square feet of space, it represents the largest available retail space in the area. The site offers high visibility on the corner of Roosevelt Avenue and the BQE, and is in close proximity to Elmhurst Hospital.
    Location Intelligence

    Current Use by Public Records

    Retail space

    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
    -73.894374
    Latitude
    40.747104

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    FAQs

    What type of property is this?
    Retail space - New retail space near transit and residential units.
    Where is this retail space located?
    The property is located at 7117 Roosevelt Ave Jackson Heights, NY.
    What are key features of this property?
    This property features: - One block from Jackson Heights-Roosevelt Avenue train station (major transportation hub).; - Largest available retail space in the area.; - Brand new, 15-story building with 154 residential units.
    (212) 366-5034
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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
    7117 Roosevelt Ave Jackson Heights, NY 11372
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