Search
10-Unit Mixed-Use Property
For Sale
$28,000,000

8429 Roosevelt Ave, Jackson Heights, NY 11372

Ten commercial storefront units occupy a mixed-use property with R6/C1-3 zoning.

Property Size19,000 SF
Price / SF$1,473
Days on Market882

Property Features for 8429 Roosevelt Ave

General Information

Standard status Active
Size 19,000 SF
Property subtype Mixed Use
Zoning R6/C1-3

Amenities

3
City

Building Details

Year Built 1928
Tenancy Multi
Listing Agency: Apple Realty Group Corp
Listed By: Raymond Wong · License #998297
Source: Xome
Added: Apr 3, 2024 Changed: Aug 31 Last Checked: Aug 31 at 2:45PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Apple Realty Group Corp

Investment Insights

Based on property information with market context.

This mixed-use property includes 10 commercial storefront units within a building constructed in 1928. The listed property size is 19,000, and the building dimensions are 200 by 95. The offering is described as a one-block package along Roosevelt Avenue.

The property is located at 8429 Roosevelt Ave in Jackson Heights, New York, on the edge of Roosevelt Avenue and near Jackson Heights. The 82nd Street Jackson Heights 7 train station is identified as a three-minute distance from the property. Zoning is designated R6/C1-3, supporting the stated mixed-use classification and commercial storefront configuration.

Key Highlights

  • 10 commercial storefront units
  • R6/C1‑3 zoning
  • 19,000 listed property size

Property Analytics

Current Use

Associate Foreign Exchange ... Check Cashing

Suggested Use

Top Pick Law Firm Gym & Fitness Center Parking Lot & Garage Hotel & Motel Nursing Home Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

8,506
Businesses Nearby
273k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 45% Groceries 25% Dining 17% Apparel 8%
Super Foodtown Groceries
26,968 visits/mo 0.4 miles
McDonald's Dining
24,424 visits/mo 0.1 miles
Chase Bank Shops & Services
22,417 visits/mo 0.4 miles
Chase Bank Shops & Services
20,943 visits/mo 0.3 miles
Old Navy Apparel
20,466 visits/mo 0.1 miles

Demographics for 11372, NY

68,000
Population
26,613
Households
2.6
Avg Household Size
41
Median Age
35%
College-Educated
81%
High-School Grad
0.7 sq mi
ZIP Area
97,143
Density / Sq Mi
$77,133
Median Household Income
$44,415
Median Earnings
$1,795
Median Rent
$454,400
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Ten commercial storefront units occupy a mixed-use property with R6/C1-3 zoning.
Where is this mixed-use property located?
The property is located at 8429 Roosevelt Ave Jackson Heights, 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: 10 commercial storefront units; R6/C1‑3 zoning; 19,000 listed property size
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message