Four-Building Storefront
New
For Sale
$9,500,000
8817 Roosevelt Avenue 4 4, Jackson Heights, NY 11372
The assemblage combines two-story commercial buildings with finished basement space in a transit-served Queens business district.
Property Size10,164 SF
Lot Size0.12 Acres
Price / SF$934.67
Days on Market5
Property Features for 8817 Roosevelt Avenue 4 4
General Information
Standard status
Active
Size
10,164 SF
Lot size
0.12 Acres
Property subtype
Retail
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
Building Details
Building Size
10,164 SF
Year Built
1928
Buildings
4
Stories
2
Tenancy
Multi
Listing Agency:
Apple Realty Group Corp
Listed By:
Raymond C. Wong · License #998297
(718) 414-9328
Source:
Onestopagencyny
Added: Oct 24
Changed: Oct 26
Last Checked: Oct 28 at 4:39AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Four commercial buildings form a single offering at 88-17 Roosevelt Avenue and 37-62, 37-64, and 37-66 89th Street. Together, they contain approximately 10,164 SF of building area on 5,418 SF of land. The buildings are two stories, each with a finished basement, and were built in 1928. The property is zoned R6/C2-3.
The assemblage sits along Roosevelt Avenue in Jackson Heights, near established businesses, restaurants, and shopping. The 90th Street–Elmhurst Avenue 7 subway station is approximately two minutes away. Tenants reimburse all property taxes and pay electricity, gas, water, and heating expenses. The reported cap rate is approximately 5.10%.
The assemblage sits along Roosevelt Avenue in Jackson Heights, near established businesses, restaurants, and shopping. The 90th Street–Elmhurst Avenue 7 subway station is approximately two minutes away. Tenants reimburse all property taxes and pay electricity, gas, water, and heating expenses. The reported cap rate is approximately 5.10%.
Key Highlights
- Four commercial buildings at 88‑17 Roosevelt Avenue and 37‑62/64/66 89th Street
- Approximately 10,164 SF of combined building area on 5,418 SF of land
- Two‑story buildings with full finished basements
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
8,269
Businesses Nearby
328k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 39%
Groceries 27%
Dining 24%
Apparel 7%
Super Foodtown
Groceries
26,968 visits/mo
0.4 miles
McDonald's
Dining
24,424 visits/mo
0.2 miles
Chase Bank
Shops & Services
22,417 visits/mo
0.5 miles
Chase Bank
Shops & Services
20,943 visits/mo
0.5 miles
Key Food Supermarkets
Groceries
20,764 visits/mo
0.3 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
Similar Off Market Nearby
- John David Florist - Flower Delivery Queens NY — 8277 broadway, queens, ny 11373
- Sussy's Florist — 81-10A Broadway, Queens, NY 11373
- Bettys Total Events — 94-33 Corona Ave., Elmhurst, NY 11373
- Ocasiones Flowers Shop — 42-20 Junction Blvd, Corona, NY 11368
- International Flowers & Party Goods — 4220 Junction Blvd, Elmhurst, NY 11373
Frequently Asked Questions
What type of property is this?
Storefront property - The assemblage combines two-story commercial buildings with finished basement space in a transit-served Queens business district.
Where is this storefront property located?
The property is located at 8817 Roosevelt Avenue 4 4 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 at 88‑17 Roosevelt Avenue and 37‑62/64/66 89th Street; Approximately 10,164 SF of combined building area on 5,418 SF of land; Two‑story buildings with full finished basements
