4-Building Storefront
New
For Sale
$9,500,000
4-8817 Roosevelt Ave, Jackson Heights, NY 11377
Two-story commercial buildings with finished basements are offered together under R6/C2-3 zoning.
Property Size10,164 SF
Lot Size0.12 Acres
Price / SF$934.67
Days on Market6
Property Features for 4-8817 Roosevelt Ave
General Information
Standard status
Active
Size
10,164 SF
Lot size
0.12 Acres
Zoning
R6/C2-3
Net Operating Income
$484,452
Financials
Asking Price
$9,500,000
Cap Rate
5.1%
Gross Income
$496,452
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$102,229
Amenities
full finished basements
Building Details
Buildings
4
Stories
2
Tenancy
Multi
Listing Agency:
Apple Realty Group Corp
(718) 888-2965
Listed By:
Raymond C. Wong · License #998297
(718) 414-9328
Source:
Exprealty
Added: Oct 25
Changed: Oct 28
Last Checked: Oct 28 at 3:18PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This four-building commercial package combines approximately 10,164 SF of building area on 5,418 SF of land. The properties are two stories, each with a finished basement, and carry R6/C2-3 zoning. Together, the buildings are located at 88-17 Roosevelt Avenue and 37-62/64/66 89th Street in Jackson Heights, Queens.
The properties sit along Roosevelt Avenue’s commercial corridor, with the 90th Street–Elmhurst Avenue 7 subway station approximately two minutes away. Tenants reimburse property taxes and pay electricity, gas, water, and heating expenses. The reported cap rate is approximately 5.10%.
The properties sit along Roosevelt Avenue’s commercial corridor, with the 90th Street–Elmhurst Avenue 7 subway station approximately two minutes away. Tenants reimburse property taxes and pay electricity, gas, water, and heating expenses. The reported cap rate is approximately 5.10%.
Key Highlights
- Four commercial buildings offered as one package
- Approximately 10,164 SF of combined building area on 5,418 SF of land
- Two‑story buildings with finished basements
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,847
Businesses Nearby
218k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 45%
Dining 27%
Groceries 11%
Office Supplies 9%
Staples
Office Supplies
19,965 visits/mo
0.4 miles
Bank of America
Shops & Services
17,011 visits/mo
0.2 miles
Starbucks
Dining
16,082 visits/mo
0.2 miles
White Castle
Dining
15,897 visits/mo
0.3 miles
Mobil
Shops & Services
15,832 visits/mo
0.0 miles
Demographics for 11377, NY
91,512
Population
34,928
Households
2.6
Avg Household Size
39
Median Age
33%
College-Educated
82%
High-School Grad
2.5 sq mi
ZIP Area
36,605
Density / Sq Mi
$73,292
Median Household Income
$45,978
Median Earnings
$1,802
Median Rent
$670,300
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Storefront property - Two-story commercial buildings with finished basements are offered together under R6/C2-3 zoning.
Where is this storefront property located?
The property is located at 4-8817 Roosevelt Ave Jackson Heights, NY.
What is the asking price?
The asking price for this property is $9,500,000.
What are key features of this property?
This property features: Four commercial buildings offered as one package; Approximately 10,164 SF of combined building area on 5,418 SF of land; Two‑story buildings with finished basements
