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    84-01 Roosevelt Ave Flushing, NY 11372

    For Sale
    $28,000,000

    Fully occupied commercial building with development potential in high-traffic area.

    Lot size:
    0.46 Acres

    Property Features for 84-01 Roosevelt Ave

    General Information

    Lot size
    0.46 Acres

    Building Details

    Year built
    1928

    Source: Chase Global Realty Corp Agent Sam Zheng

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

    Overview

    Roosevelt Avenue Retail Investment Opportunity

    Located on Roosevelt Avenue in a high-traffic area, this investment property offers development rights. The lot measures 200 feet by 100 feet and is zoned R6, C1-3. The property features 10 commercial units and is fully occupied, providing investors with a cash-flowing asset. The building is located close to retail stores, restaurants, and NYC Health + Hospitals/Elmhurst. It is also located two blocks from the 82nd Street/Roosevelt Avenue subway station, providing convenient access to the 7 train. The building size is 200 feet by 95 feet.
    Location Intelligence

    Current Use by Public Records

    Electro shack inc Electronics Store

    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.

    Similar Places Nearby

    Sky View Parc Luxury Condominiums, The Shops at SkyView, Flushing Center Mall, Sky View Center Management Office, XYZ The One LLC

    Location Insight

    • Map
    • Local Demand
    City
    Flushing
    County
    Queens
    State
    New York
    Longitude
    -73.914195
    Latitude
    40.743385

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    FAQs

    What type of property is this?
    Shopping center - Fully occupied commercial building with development potential in high-traffic area.
    Where is this shopping center located?
    The property is located at 84-01 Roosevelt Ave Flushing, NY.
    What is the asking price?
    The asking price for this property is $28,000,000.
    What are key features of this property?
    This property features: - High-traffic location on Roosevelt Ave with excellent investment potential.; - Development rights with R6, C1-3 zoning.; - Fully occupied with 10 commercial units, providing immediate cash flow.
    (917) 662-1576
    Request Owner's contact information
    84-01 Roosevelt Ave Flushing, 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
    84-01 Roosevelt Ave Flushing, NY 11372
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