Roosevelt Avenue Mixed-Use Investment Property. 2,398 SF building with a full basement. Projected CAP rate: 7%. The property features a long-term restaurant tenant occupying the first floor and basement, plus four residential studio apartments on the second floor (month-to-month tenancies). Income and expense information available upon request. Located on Roosevelt Avenue with strong foot traffic and convenient access to the 7, E, M, F, and R subway lines, the property offers stable income with future upside potential. All showings by appointment only. Please do not disturb tenants. Sale subject to third-party approval.
| MLS # | 966720 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1928 |
| Days On Site | 187 |
| Listing Provided By | ERealty Advisors Inc | Svitlana Niskoklon SFR |
| SQ Feet | 2,398 |
|---|---|
| Basement | Y |
| Units | 5 |
| Zoning | R6 |
| Acreage | 0.03 |
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Electric, Forced Air |
| Construction Materials | Brick |
|---|
| Utilities | Electricity Connected, Natural Gas Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 283050 |
| Tax Annual Amount | 29571.04 |
| State | NY |
|---|---|
| County | Queens |
| City | Jackson Heights |
| Zip Code | 11372 |
| Listing VS Median (in 11372) | |
Price: $1,750,000 low | high Med: $369,500 sqft: 2,398 low | high Med: 900 $ / sqft: $730 low | high Med: $411 On site: 187 low | high Med: 314.5 | |
| State | NY |
|---|---|
| County | Queens |
| City | Jackson Heights |
| Zip Code | 11372 |
| Listing VS Median (in 11372) | |
Price: $1,750,000 low | high Med: $369,500 sqft: 2,398 low | high Med: 900 $ / sqft: $730 low | high Med: $411 On site: 187 low | high Med: 314.5 | |
![]() | $1,498,0004043 69th StreetWoodside, NY 11377 |
![]() | $1,900,00040-36 69 StreetWoodside, NY 11377 |