5124 Roosevelt Ave Flushing, NY 11377-4541
This exceptional retail space, totaling 5,005 square feet, is located at 5124 Roosevelt Avenue in the vibrant Sunnyside neighborhood of Queens, New York, zip code 11377. The property is part of a larger, newly constructed (2021) 40-unit multifamily building boasting over 30,000 square feet. This single-tenant space occupies the first floor, offering excellent street visibility and accessibility. The building's design and existing infrastructure make it particularly well-suited for a variety of uses, including but not limited to a community facility, preschool, or urgent care center. Partial build-out amenities are already in place, potentially reducing initial setup costs for prospective tenants. The property's location in Sunnyside provides access to a dense residential population and a thriving commercial corridor. This presents a unique opportunity for a business seeking a high-traffic location with significant potential for growth. The property's coordinates are 40.74404488 latitude and -73.91287769 longitude. This is a single-tenant retail space offering a significant footprint in a desirable and rapidly developing area. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
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
R6 · Flushing, NYCosts & 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.