$4,500,000
( $1264.04Per Sq Foot )
 $24,157 est/mo Sourced by Back At You

82-09 Roosevelt Avenue,Jackson Heights, NY 11372

Jackson Heights, NY 11372

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Description

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.

Details

MLS #963382
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1922
Days On Site185
Listing Provided ByNew Group Realty Inc | Steven Leong

Features

SQ Feet3,560
BasementY
Story(s)2
Units2
Building(s)1
ZoningC4-3/R6
Acreage0.05

Interior

CoolingDuctless
HeatingNatural Gas

Exterior

Construction MaterialsBrick

Utilities

UtilitiesCable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
SewerPublic Sewer

Taxes

Tax Year2025
Tax Assessed Value524700
Tax Annual Amount52125.68

Area Information

StateNY
CountyQueens
CityJackson Heights
Zip Code11372
Listing VS Median (in 11372)
Price:
$4,500,000
low | high
Med:
$372,000
100% of Average
sqft:
3,560
low | high
Med:
835
100% of Average
$ / sqft:
$1,264
low | high
Med:
$449
100% of Average
On site:
185
low | high
Med:
81
100% of Average
Sourced by Back At You

Market Activity 11372

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Learn More About This Property

Newburgh Office

Newburgh Office

 (845) 565-2800info@johnjleaserealtors.com
StateNY
CountyQueens
CityJackson Heights
Zip Code11372
Listing VS Median (in 11372)
Price:
$4,500,000
low | high
Med:
$372,000
100% of Average
sqft:
3,560
low | high
Med:
835
100% of Average
$ / sqft:
$1,264
low | high
Med:
$449
100% of Average
On site:
185
low | high
Med:
81
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $3.375M - $5.625M
sqft: 2,500 - 4,000
Nearby Listings Property ImageNearby Listings Details
4016 82nd Street Property Photo 1
$15,500
4016 82nd Street
Elmhurst, NY 11373
Listing Updated: July 9, 2026 at 3:27:36 PM PDT
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