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Property profile & analytics

5124 Roosevelt Ave Flushing, NY 11377-4541

  • Retail residential properties
  • 48,000 SF
  • 0.24 lot acres
OFF-MARKET
Value Estimations
$11,250,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US63-1235469
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Retail residential properties

Property Details for 5124 Roosevelt Ave

Year built
2021
Lot size
0.24 lot acres
Property size
48,000 SF
Zone code
R6
Property type
Retail residential properties
APN
01320-0027
APU
13200027

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $18,580,000
    Current use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Flushing
County
Queens
State
New York
Longitude
-73.9128
Latitude
40.7438
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$0.00
$0.00
$0.00
$0.00
-
$0.00
$0.00
$0.00
More about this property
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