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8401-8429 Roosevelt Ave 19,000 SF 100% Leased Retail Building Jackson Heights, NY 11372 $39,065,600 CAD ($2,056.08 CAD/SF) 4.16% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Heavy daytime foot traffic
  • Lots of natural light

EXECUTIVE SUMMARY

A Package Of 9 Buildings For Sale.
Excellent! Excellent! Location. Great Investment Property. On The Edge Of Roosevelt Avenue, Jackson Heights. 2 Minute Away From 82nd Street 7 Train Station. Cap Rate 4%.

PROPERTY FACTS

Sale Type
Investment
Sale Conditions
Ground Lease (Leasehold)
Property Type
Retail
Property Subtype
Storefront
Building Size
19,000 SF
Building Class
C
Year Built
1928
Price
$39,065,600 CAD
Price Per SF
$2,056.08 CAD
Cap Rate
4.16%
NOI
$1,625,408 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.95
Lot Size
0.46 AC
Zoning
R6 - Medium density residential district
Frontage
30’ on Roosevelt Ave
Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Starbucks
CTown
Bank of America
Chase
Capital One
Smashburger
Apple Bank
Flagstar Bank N.A.
Dime Community Bank
Citi

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01472-0036
Land Assessment
$1,132,793 CAD
Improvements Assessment
$4,195,656 CAD
Total Assessment
$5,328,449 CAD
  • Listing ID: 32769452

  • Date on Market: 2024-08-12

  • Last Updated:

  • Address: 8401-8429 Roosevelt Ave, Jackson Heights, NY 11372

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