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8822 Roosevelt Ave
Jackson Heights, NY 11372 Elmhurst

$1,850,000 USD

Storefront Retail Office For Sale  •  2,818 SF

Property Details

  • Property Type Storefront Retail Office
  • Total Building Size 2,818 SF
  • Lot Size 0.03 AC
  • Year Built 1989
  • Cap Rate 2.70 %
  • Tenancy Multiple
  • Zoning C2-3, R6
100 Transit Score
98 Walk Score

Highlights

Next to #7 train with good street frontage, sign visibility, great foot and 12k+ car traffic per day!
Suitable for retail, medical, offices and community facilities which can be combined to diversify and hedge risk.

Financial Summary (Proforma)

Net Operating Income: $93,000 USD (2025)
Cap Rate: 2.70 %
Total Expenses: $33,000 USD

Amenities

  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Woodside Station (Babylon Branch - Long Island Rail Road, Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, Montauk Branch - Long Island Rail Road, Port Jefferson Branch - Long Island Rail Road, Port Washington Branch - Long Island Rail Road, Ronkonkoma Branch - Long Island Rail Road) 5 min - 1.9 mi
Mets-Willets Point Station (Port Washington Branch - Long Island Rail Road) 8 min - 2.5 mi
Transit/SubwayDriveWalkDistance
90 Street-Elmhurst Avenue (7 - New York MTA Subway (The Subway)) 2 min 2 min 0.1 mi
82 Street-Jackson Heights (7 - New York MTA Subway (The Subway)) 3 min 9 min 0.5 mi
Junction Boulevard (7 - New York MTA Subway (The Subway)) 2 min 10 min 0.5 mi
Elmhurst Avenue (E - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway)) 4 min 10 min 0.5 mi
Roosevelt Avenue-74 Street (7 - New York MTA Subway (The Subway), E - New York MTA Subway (The Subway), F - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway)) 4 min 17 min 0.9 mi
AirportDriveWalkDistance
LaGuardia 7 min - 2.4 mi
John F Kennedy International 19 min - 11.0 mi
Newark Liberty International 36 min - 21.3 mi
Diane Mi Ryoung Chong 718-640-4431 Hanmi Realty Inc
Diane Mi Ryoung Chong 718-640-4431 Hanmi Realty Inc