38-39 Junction Blvd Jackson Heights, NY 11368
- Retail properties
- 4,000 SF
Current Use by Public Records
- Retail properties
Property Details for 38-39 Junction Blvd
- Property size
- 4,000 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This exceptional investment opportunity presents a 4,000 square foot ground floor retail property ideally situated in the bustling heart of Jackson Heights, Queens. The property, located at 38-39 Junction Boulevard, boasts a prominent 35-foot frontage on this high-traffic retail corridor, extending 115 feet deep. Currently occupied by two tenants – a mattress retailer and a women's apparel store – this dual-unit space offers immediate income potential. The convenient location is a short walk from the #7 subway entrance, ensuring high visibility and accessibility for customers. The property sits on a 4,000 square foot lot and is zoned R6/C2-2, providing flexibility for a variety of retail uses. With a land value of $75 per square foot, this presents a strong return on investment for savvy buyers. The building is a single-story commercial structure, offering easy access and management. This prime location within Jackson Heights' busiest retail hub makes this an exceptional opportunity for investors seeking a high-return, established commercial property in a thriving neighborhood. The property's size, location, and zoning make it an attractive proposition for a wide range of retail businesses.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Jackson Heights
- County
- Queens
- State
- New York
- Longitude
- -73.869
- Latitude
- 40.7481
