88-22 Roosevelt Ave Jackson Heights Medical Office Retail

Prime location in the heart of Jackson Heights!  Great street frontage, sign visibility, foot and 12k+ car traffic per day.​  Three commercial units, fully occupied and built in 1989 with great rental income.​  Total around 2,818 square feet including the cellar.
 
Very busy beauty salon for many years around 950 sq ft on the street side floor renting for $5k+ utilities month to month.​  Tenant in cellar around 918 sq ft renting for $5k+ utilities month to month.​  Second floor real estate office around 950 sq ft rented for $3k+ utilities.​  Fresh paint and nice tile floors.​

Current yearly rental income $156k.  Current yearly net income around $120k @ 6.5% cap!  Yearly property taxes $26,956.

Significant, versatile, retail, medical, office, mixed use development opportunity with a maximum facility FAR up to 5,200 square feet!  Please consult with an architect & attorney.  11 minute drive to the astonishing Etihad park & Willets Point district development in process including new NYC and Gotham football clubs stadium for Major  National Women's soccer leagues (first fully electric solar powered MLS and professional sports stadium in NYC with locally sourced construction materials, water harvesting system below the playing surface to capture rainwater for irrigation) plus 2,500 affordable housing units, LEED Gold certified, a school, hotel, retail, pedestrian centric with green spaces.  Same viscinity as Mets Citi Field, Mr. Louis Armstrong Stadium and house museum, USTA Mrs. Billie Jean King national tennis center (US Open), Queens Saturday night market, zoo, museum, NY hall of science, Unisphere, Playgound for all children, Fantasy forest amusement park, Iconic Flushing meadows Corona park, Maloof skate park and Queens Botanical gardens farm. 

Building Class K2 - Multi-Story Retail Building (2 Or More).​  Zoning C2-3, R6. ​ Lot size 1,093 sq ft. ​ Sold as is.​  $1.85 million with seller financing in one of the hottest commercial districts in New york city!  Please do not disturb tenants.​

Commuter and walker paradise next to the #7 train at 90th st & Elmhurst ave, ethnic restaurants, cafes, shops, Dunkin donuts, Bravo/Key food/Mi tierra supermarkets, other family owned groceries and pharmacies, medical facilities, Medicaid and Medicare providers (Fidelis care, Metroplus health, Healthfirst), Planet fitness and Western union.​  Near ModernMD urgent care, Mount Sinai Medical, Elmhurst hospital, Duane reade/Walgreens, Herbalife Vida Bella club, McDonalds, Taco bell, UPS, Fedex, banks, Money gram, PLS check cashers, Target, SAMA department store, Lot less, Roosevelt shopping mall, Cricket wireless, T mobile, Sunday farmers market at Travers park, post office, police and fire stations.​

Ultimate convenience nestled between Brooklyn Queens expressway and Grand Central parkway with close access to multiple transit options from the 74th St & roosevelt avenue hub including the E, F, M, R subways, Q29(Forest park), Q32(Penn station), Q33(LGA), Q49, Q53(Jamaica Bay Wildlife Refuge), Q72(LGA) and free Q70 LaGuardia airport/LIRR Woodside link express bus.  Around 15 minutes non rush hour drive to LGA and 30 mins to Manhattan by car or subway!

For questions and appointments, Diane Mi Ryoung Chong at 718-640-4431, michong2009@gmail.​com.​  Real estate agent Hanmi Realty.​