4-Building Storefront
8817 Roosevelt Avenue Unit #4, Jackson Heights, NY 11372
For Sale
New
$9,500,000
The assemblage includes finished basements and R6/C2-3 zoning along Roosevelt Avenue’s commercial corridor.
Property Size10,164 SF
Lot Size0.12 Acres
Price / SF$934.67
Days on Market6
Property Features for 8817 Roosevelt Avenue Unit #4
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Net Operating Income
Financials
Asking Price
Cap Rate
Gross Income
Additional Details
Tenant in Place
Taxes and HOA fees
Annual Taxes
Building Details
Year Built
Buildings
Stories
Tenancy
Listing Agency:
Apple Realty Group Corp
(516) 517-2400
Listed By:
Raymond C. Wong · License #998297
(718) 414-9328
Source:
Educatorsrealty
Added: Nov 3
Changed: Nov 7
Last Checked: Nov 7 at 12:41PM
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.
Four two-story commercial buildings with finished basements make up this Roosevelt Avenue assemblage. The properties total approximately 10,164 SF of building area on 5,418 SF of land and were built in 1928. Zoning is R6/C2-3. The package includes 88-17 Roosevelt Avenue and 37-62, 37-64, and 37-66 89th Street.
The buildings sit along the Roosevelt Avenue commercial corridor in Jackson Heights, near restaurants, shops, and established businesses. The 90th Street–Elmhurst Avenue 7 train station is approximately two minutes away.
Tenants reimburse 100% of property taxes and pay electricity, gas, water, and heating expenses. Reported landlord operating expenses are approximately $12,000 annually, and the reported cap rate is approximately 5.10%.
The buildings sit along the Roosevelt Avenue commercial corridor in Jackson Heights, near restaurants, shops, and established businesses. The 90th Street–Elmhurst Avenue 7 train station is approximately two minutes away.
Tenants reimburse 100% of property taxes and pay electricity, gas, water, and heating expenses. Reported landlord operating expenses are approximately $12,000 annually, and the reported cap rate is approximately 5.10%.
Key Highlights
- Four two‑story commercial buildings with full finished basements
- Approximately 10,164 SF of combined building area on 5,418 SF of land
- R6/C2‑3 zoning
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
7,971
Businesses Nearby
312k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 32%
Shops & Services 30%
Dining 26%
Apparel 8%
Food Bazaar Supermarket
Groceries
60,054 visits/mo
0.4 miles
McDonald's
Dining
24,424 visits/mo
0.2 miles
Chase Bank
Shops & Services
20,943 visits/mo
0.5 miles
Old Navy
Apparel
20,466 visits/mo
0.3 miles
Citibank
Shops & Services
17,304 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
$454,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Storefront properties in Queens County, NY
Properties on Market for Storefront properties in Queens County
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 includes finished basements and R6/C2-3 zoning along Roosevelt Avenue’s commercial corridor.
Where is this storefront property located?
The property is located at 8817 Roosevelt Avenue Unit #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 two‑story commercial buildings with full finished basements; Approximately 10,164 SF of combined building area on 5,418 SF of land; R6/C2‑3 zoning
