88-17 Roosevelt Ave Queens, NY 11372
This exceptional mixed-use investment opportunity is located at 88-17 Roosevelt Avenue and 37-62/64/66 89th Street in Jackson Heights, Queens, New York, 11372. Offered at $8,050,000, this property boasts a prime retail location in the heart of Jackson Heights' bustling commercial district. Its strategic position offers convenient access to Junction Boulevard and the #7 train line, ensuring high visibility and excellent accessibility for both tenants and customers. The property is configured as a Net Net Net (NNN) lease structure, minimizing landlord responsibilities and maximizing passive income potential. A key strength of this investment lies in the remarkable tenant stability. All current tenants have occupied the space for nearly a decade, demonstrating a strong commitment and minimizing vacancy risks. This consistent tenancy has persisted even through the challenges of the COVID-19 pandemic, highlighting the resilience and enduring appeal of this location. The property's long-term tenant history underscores its value as a reliable and profitable investment, offering a secure and potentially lucrative return for the discerning buyer. This is a rare opportunity to acquire a well-established, stable, and high-performing mixed-use property in a thriving Queens neighborhood.
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Isalis (Bike/Boat/Book/etc) Store
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Party City Party Supply Store (Bike/Boat/Book/etc) Store
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Skunk Funk Big Box & Wholesale Store
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Carl's Trading Co Hat Shop
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Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
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
Similar Nearby for Sale
Similar Nearby for Lease
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.