Current Use by Public Records
- Isalis / (Bike/Boat/Book/etc) Store
- Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
- Skunk Funk / Big Box & Wholesale Store
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store
Property Details for 88-17 Roosevelt Ave
- Property type
- NNN retail properties
- Property subtype
- Mixed-use properties
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Queens
- County
- Queens
- State
- New York
- Longitude
- -73.8777
- Latitude
- 40.7485
