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Prime Roosevelt Ave Commercial Property 6902 Roosevelt Ave 3,500 SF Retail Building Flushing, NY 11377 $3,540,660 CAD ($1,011.62 CAD/SF) 5.08% Cap Rate
Investment Highlights
- High-traffic location in one of Queens’ most active commercial corridors. Nonstop pedestrian and vehicle flow
- Exceptional flexibility for new ownership
- Rare investment opportunity offering both stable income and significant value-add potential
- Premier corner commercial property on Roosevelt Ave with unmatched visibility
- Strong demographics and proven retail demand driving long-term appreciation
Executive Summary
Please call or text 917-900-8066 for a faster response. Email inquiries via LoopNet may experience a delay.
Building Size: 25’ × 70’
3 Levels: 1st Floor + 2nd Floor + Finished Basement
Approx. 1,750 SF per floor
Corner Property with exceptional visibility
High-traffic Roosevelt Ave location
Restaurant tenant paying $15,200/month (Month-to-Month)
Ideal for investor or owner-user!
Building Size: 25’ × 70’
3 Levels: 1st Floor + 2nd Floor + Finished Basement
Approx. 1,750 SF per floor
Corner Property with exceptional visibility
High-traffic Roosevelt Ave location
Restaurant tenant paying $15,200/month (Month-to-Month)
Ideal for investor or owner-user!
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$243,608
|
$69.60
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$243,608
|
$69.60
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$61,821
|
$17.66
|
| Net Operating Income |
$181,788
|
$51.94
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $243,608 |
| Annual Per SF | $69.60 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $243,608 |
| Annual Per SF | $69.60 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $61,821 |
| Annual Per SF | $17.66 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $181,788 |
| Annual Per SF | $51.94 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,500 SF
Building Class
C
Year Built
1931
Price
$3,540,660 CAD
Price Per SF
$1,011.62 CAD
Cap Rate
5.08%
NOI
$180,007 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
2.00
Lot Size
0.04 AC
Zoning
R6, C1-4
Frontage
25’ on Roosevelt Ave
Amenities
- 24 Hour Access
- Corner Lot
- Restaurant
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Amazing Grace Restaurant Corp
- Accommodation and Food Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Amazing Grace Restaurant Corp | Accommodation and Food Services | - | - | - |
Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (71)
Nearby Major Retailers
Property Taxes
| Parcel Number | 01301-0025 | Improvements Assessment | $461,466 CAD |
| Land Assessment | $86,209 CAD | Total Assessment | $547,675 CAD |
Property Taxes
Parcel Number
01301-0025
Land Assessment
$86,209 CAD
Improvements Assessment
$461,466 CAD
Total Assessment
$547,675 CAD
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Presented by
Billion Homes Realty Corp
Prime Roosevelt Ave Commercial Property | 6902 Roosevelt Ave
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