88-22 Roosevelt Avenue, Jackson Heights, NY 11372
88-22 Roosevelt Avenue, Jackson Heights, NY 11372
88-22 Roosevelt Avenue, Jackson Heights, NY 11372
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Hal Blake

Hal Blake

+1(718) 608-4892
$1,850,000
Est. payment /mo
1.5 Baths
2,818 SqFt
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Thu Jul 23, 1:00pm - 1:30pm

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,818 sqft

Price per Sqft $656

MLS Listing ID 11570166

Half Baths 3

Year Built 1989

Annual Tax Amount $26,956

Lot Size 1,093 Sqft

Property Description

Prime location in the heart of Jackson Heights! Great street frontage, sign visibility, foot and 12k+ car traffic per day.​ Three commercial units, fully occupied and built in 1989 with great net rental income.​ Total around 2,818 square feet including the cellar. Very busy beauty salon for many years around 950 sq ft on the street side floor rented for $5k+ utilities month to month.​ Tenant in cellar around 918 sq ft rented for $5k+ utilities month to month.​ Second floor real estate office around 950 sq ft​ rented for $3k+ utilities.​ Fresh paint and nice tile floors.​ Current yearly rental income $156k. Current yearly net income around $120k yearly @ 6.5% cap! Yearly property taxes $26,956. Building Class K2 - Multi-Story Retail Building (2 Or More).​ Zoning C2-3, R6.​ Lot size 1,093 sq ft.​ Sold as is.​ $1.85 million with seller financing in one of the hottest commercial districts in New york city! Please do not disturb tenants.​ Commuter and walker paradise next to the #7 train at 90th st & Elmhurst ave, ethnic restaurants, cafes, shops, Dunkin Donuts, Bravo/Key Food/Mi Tierra supermarkets, other family owned groceries and pharmacies, medical facilities, Medicaid & Medicare providers such as (Fidelis Care, Metroplus Health, Healthfirst), Planet Fitness and Western Union.​ Near ModernMD Urgent Care, Mount Sinai Medical, Elmhurst hospital, Duane Reade/Walgreens, Herbalife Vida Bella club, McDonald's, Taco bell, UPS, Fedex, banks, Money gram, PLS check cashers, Target, SAMA department store, Lot less, Roosevelt shopping mall, Cricket wireless, T mobile, Sunday farmers market at Travers park, post office, police and fire stations.​ Ultimate convenience nestled between Brooklyn Queens expressway and Grand Central parkway with close access to multiple transit options from the 74th St & Roosevelt Ave.​ hub including the E, F, M, R subways, Q29, Q32, Q33, Q49, Q53, Q72 and the free Q70 LaGuardia airport/LIRR Woodside link express bus.​ Around 15 minutes non rush hour drive to LGA and 30 mins to Manhattan by car or subway!

Location

State NY

County 36081

Rooms

Basement Full

Dining Room 0

Kitchen 0

Building

Story 2

Sewer Municipal

Water Municipal

Structure Type Masonry - Brick

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Hal Blake
Hal Blake

Broker | License ID: 10491210994

+1(718) 608-4892

1110 South Ave, Staten Island, NY 10314-3403, USA

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