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80-11 Roosevelt Ave
Jackson Heights, NY 11372
Commerce de détail Propriété À vendre
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Faits saillants de l'investissement
- Prime Jackson Heights location surrounded by national and local retailers, ensuring exceptional visibility and strong consumer traffic.
- Ground-floor retail tenant Party Glitters secured through April 2035 with scheduled annual rent increases and tax reimbursements.
- Durable income stream with minimal management requirements, supported by a balanced residential and retail tenancy.
- Fully occupied mixed-use property with stable income from a long-term retail lease and four free-market apartments.
- Transit-oriented asset offering immediate access to multiple subway lines for unmatched connectivity across New York City.
- Strategic acquisition opportunity in one of Queens’ most vibrant corridors, benefiting from strong demographics and consistent foot traffic.
Résumé de l'annonce
The subject offering is a 4,200 SF three-story mixed-use building on Roosevelt Avenue between 80th and 81st Streets. The property is 100% occupied with one ground-floor retail tenant and four free-market apartments. Situated in the heart of Jackson Heights, one of New York City’s highest foot-traffic corridors with immediate access to multiple subway lines, the asset offers a strategic, transit-oriented acquisition with durable in-place income and minimal management.
The property sits on a 20X100 lot. The first floor is built full (20X100). The second and third floors are each built 20X55.
The on-grade retail space is currently leased to Party Glitters, who has a 10-year lease that will be expiring in April of 2035. They are reimbursing 50% of the real estate taxes. There are 4% annual increases.
The residential component comprises two studios on the second floor and two one-bedroom apartments on the third floor.
The site is surrounded by national and local retailers including Starbucks, Carvel, Planet Fitness, Bank of America, Old Navy, Citibank, T-Mobile, Popular Bank, and McDonald’s. This is an excellent opportunity to acquire a mixed-use property with scheduled annual rent growth and strong Queens demographics.
The property sits on a 20X100 lot. The first floor is built full (20X100). The second and third floors are each built 20X55.
The on-grade retail space is currently leased to Party Glitters, who has a 10-year lease that will be expiring in April of 2035. They are reimbursing 50% of the real estate taxes. There are 4% annual increases.
The residential component comprises two studios on the second floor and two one-bedroom apartments on the third floor.
The site is surrounded by national and local retailers including Starbucks, Carvel, Planet Fitness, Bank of America, Old Navy, Citibank, T-Mobile, Popular Bank, and McDonald’s. This is an excellent opportunity to acquire a mixed-use property with scheduled annual rent growth and strong Queens demographics.
Faits sur la propriété
Type de vente
Investissement
Condition de vente
1031 Échange
Type de propriété
Commerce de détail
Sous-type de propriété
Commerce pied immeuble
Taille du bâtiment
4 200 pi²
Classe d’immeuble
C
Année de construction
1931
Prix
4 784 675 $ CAD
Prix par pi²
1 139,21 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
3 étages
Coefficient d’occupation des sols de l’immeuble
2,10
Taille du lot
0,05 AC
Zone de développement économique
Oui
Zonage
R7-1 - Quartiers d'immeubles à densité moyenne
Façade
30’ sur Roosevelt Ave
Commodités
- Ligne d'autobus
- Train de banlieue
- Métro
Impôts fonciers
| Numéro de lot | 01291-0042 | Évaluation des bâtiments | 275 966 $ CAD |
| Évaluation du terrain | 123 035 $ CAD | Évaluation totale | 399 001 $ CAD |
Impôts fonciers
Numéro de lot
01291-0042
Évaluation du terrain
123 035 $ CAD
Évaluation des bâtiments
275 966 $ CAD
Évaluation totale
399 001 $ CAD
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