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Jackson Heights Retail/Office/Community Facility Space
For Lease
$38 SF/Yr Modified Gross

88-22 Roosevelt Ave Unit Second Top Floor, Jackson Heights, NY 11372

Retail Medical Offices Community Facility House of Worship Seminary School Day Adult Care Non Profit

Space Size950 SF
Days on Market220

Property Features for 88-22 Roosevelt Ave Unit Second Top Floor

General Information

Standard status Active
Property type Retail properties & Spaces, Office Spaces, Specialty properties
Size 950 SF
Elevators No
Lease Type Modified Gross
Lease Term Flexible
Rate Type Yearly

Building Details

Year Built 1989
Buildings 1
Stories 2
Listing Agency:
Listed By: Diane Mi Ryoung
Added: Jan 21 Changed: May 28

Investment Insights

Based on property information with market context.

Located in Jackson Heights, New York, the available space is situated on the second floor, offering approximately 950 square feet. The space features fresh paint and tile floors. The location benefits from high foot traffic and over 12,000 cars passing daily, with great street frontage and sign visibility. The property is suitable for retail, medical, office, and community facilities, such as a house of worship, seminaries, schools, day or adult care, and non-profit organizations. The building is classified as a multi-story retail building. The location is near the #7 train at 90th St & Elmhurst Ave, ethnic restaurants, cafes, shops, supermarkets, pharmacies, medical facilities, Planet Fitness, Western Union, ModernMD Urgent Care, Mount Sinai Medical, Elmhurst hospital, drug stores, fast food restaurants, UPS, Fedex, banks, check cashers, department stores, shopping mall, wireless providers, farmers market, post office, and police and fire stations. The property is conveniently located between the Brooklyn Queens Expressway and Grand Central Parkway, with access to multiple transit options from the 74th St & Roosevelt Ave hub, including the E, F, M, R subways, and multiple bus lines. LaGuardia Airport and Manhattan are approximately 15 minutes and 30 minutes away, respectively, by car or subway.

Property Analytics

Current Use

Blue Danube Productions Film Production Madison's Beauty Salon Hair Salon

Suggested Use

Top Pick Law Firm Parking Lot & Garage Gym & Fitness Center 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

NNN (Triple Net)
Lease Type
$5.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

7,971
Businesses Nearby

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

Lease Benchmarks for Jackson Heights, NY

$75.63 /SF/Yr
Avg Asking Price
$7.61–$667 /SF/Yr
Price Range
4,748 SF
Avg Space Size

This space is priced 50% below the average of $75.63 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail property - Retail Medical Offices Community Facility House of Worship Seminary School Day Adult Care Non Profit
Where is this retail property located?
The property is located at 88-22 Roosevelt Ave Unit Second Top Floor Jackson Heights, NY.
What is the lease rate?
The lease rate is $38 SF/Yr.
More about this property
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