88-22 Roosevelt Avenue

Jackson Heights, NY 11372

Prime location in the heart of Jackson Heights! Good street frontage, sign visibility with great foot and 12k+ car traffic per day. Commuter and walker paradise next door to the 7 train, ethnic restaurants, cafes, shops, Dunkin Donuts, Bravo/Key Food supermarkets, other family owned groceries and pharmacies, medical facilities, Fidelis Care, Planet Fitness and Western Union. Near ModernMD Urgent Care, Mount Sinai Medical, Elmhurst hospital, Duane Reade pharmacy, McDonald's, UPS, Fedex, banks, Target, 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, the Q23, Q29, Q32, Q33, Q49, Q53 and the free Q70 Laguardia Airport Link Express bus. Around 22 minutes non rush hour drive to LaGuardia airport and 15 mins to Manhattan by train! Three commercial units built in 1989 with a total of around 2,818 square feet suitable for retail, medical and offices which can be combined to diversify and hedge risk. Very busy hair & nail salon for many years of around 950 sq ft on the street side floor renting for $4,500+ utilities month to month. Second floor of around 950 sq ft and cellar of around 918 sq ft are both currently vacant. (Conservative proforma with full occupancy: potential gross yearly rental income $126k+, net yearly income $93k+ @ 5% cap) Seller financing up to 50%! Yearly property taxes of $25,629. Please do not disturb tenant.

Listing courtesy of Hanmi Realty michong2009@gmail.com


Based on information submitted to the MLS GRID as of 2025-05-11 09:31 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.