88-20 Roosevelt Avenue 3,Jackson Heights, NY 11372
Jackson Heights, NY 11372
Description
Prime 3-Unit Commercial Building in Heart of Jackson Heights. Discover an incredible investment opportunity in one of Queens' most vibrant, high-traffic commercial corridors. Located in the heart of Jackson Heights, this versatile three-unit commercial building offers immense upside potential for savvy investors or owner-users. Value-Add Opportunity: Current rental income is below market rate, offering significant future revenue growth as leases turn over or transition to market value. Separate Utilities: Tenants pay their own utilities, keeping landlord operational expenses exceptionally low. Unmatched Location Equity: Situated in a dense, high-foot-traffic retail and business district with excellent transit accessibility. Regional Connectivity: Enjoy close proximity to major New York landmarks and upcoming world-class entertainment hubs, including Citi Field (Mets Stadium), the USTA Billie Jean King National Tennis Center, and the highly anticipated future casino development.
Details
| MLS # | 1024104 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Year | 1989 |
| Days On Site | 72 |
| Listing Provided By | Wagner & Kelly Inc | MD A. Hoque |
Features
| SQ Feet | 2,818 |
|---|---|
| Units | 3 |
| Building(s) | 1 |
| Zoning | R6 |
| Acreage | 0.03 |
| Property View | City |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Electric, Natural Gas, Forced Air |
Exterior
| Construction Materials | Block, Brick |
|---|
Utilities
| Utilities | Cable Connected, Electricity Connected, Natural Gas Connected |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 27334 |
| Tax Lot | 63 |
Area Information
| State | NY |
|---|---|
| County | Queens |
| City | Jackson Heights |
| Zip Code | 11372 |
| School District | Aviation Career And Tech High Sc |
| Elementary School | Children'S Lab School (The) |
| High School | Aviation Career And Tech High Sc |
| Listing VS Median (in 11372) | |
Price: $2,100,000 low | high Med: $369,000 sqft: 2,818 low | high Med: 900 $ / sqft: $745 low | high Med: $410 On site: 72 low | high Med: 94 | |
Market Activity 11372
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Learn More About This Property
| State | NY |
|---|---|
| County | Queens |
| City | Jackson Heights |
| Zip Code | 11372 |
| School District | Aviation Career And Tech High Sc |
| Elementary School | Children'S Lab School (The) |
| High School | Aviation Career And Tech High Sc |
| Listing VS Median (in 11372) | |
Price: $2,100,000 low | high Med: $369,000 sqft: 2,818 low | high Med: 900 $ / sqft: $745 low | high Med: $410 On site: 72 low | high Med: 94 | |
