79-05 Roosevelt Ave Queens, NY 11372
This exceptional 1,500 square foot office space is ideally situated on the second floor of a building at 79-05 Roosevelt Avenue in Jackson Heights, Queens. Built in 1930 and renovated in 2010, this traditional office space offers a versatile layout suitable for various business types, including executive and creative office uses. The property is located in a vibrant area with high pedestrian traffic and convenient proximity to subway lines, ensuring easy accessibility for employees and clients. The building itself is a single two-story structure, and while it doesn't offer parking or elevators, its prime location more than compensates. The monthly rent is $6,500. This location boasts a significant population density, with over 250,000 people residing within a one-mile radius, providing a substantial potential customer base. The property is situated near the intersection of 79th Street and 80th Street in the Queens submarket of Queens County. This presents a unique opportunity for businesses seeking a well-located, renovated office space in a thriving community. A video tour is available online.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.