
Courtesy of: Steven Leong, New Group Realty Inc, stevenleong11@gmail.com
$4,900,000
|
Lot: 0.05 Acres
|
|
Other
|
$4,900,000
82-09 Roosevelt Avenue Prime fully occupied mixed-use investment opportunity in the heart of Jackson Heights. 82-09 Roosevelt Avenue is positioned along one of Queens' most active commercial corridors, offering exceptional visibility, consistent foot traffic, and immediate access to the 7, E, F, M, and R subway lines. Situated on a 20' x 100' lot, this 3, 560 square foot building is configured for optimal income production and is currently 100% occupied, providing stable in-place cash flow. The property is zoned C4-3 / R6, allowing for a wide range of commercial and residential uses, making it attractive for both long-term hold investors and future redevelopment potential. Located in a dense residential and retail neighborhood surrounded by national tenants and established local businesses, the asset benefits from strong demographics and sustained demand. The offering generates a 4.3% cap rate, delivering reliable returns in a high-barrier-to-entry New York City submarket. Excellent opportunity for investors seeking a stabilized asset in a prime Roosevelt Avenue location with long-term upside potential.
Courtesy of: Steven Leong, New Group Realty Inc, stevenleong11@gmail.com
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.