8001 37th Ave

For Sale$29,000,000

8001 37th Ave, Jackson Heights, NY 11372

  • Mixed Use

8001 37th Ave, Jackson Heights, NY 11372 - Mixed Use Space

8001 37th Ave is located at 8001 37th Ave in the Jackson Heights neighborhood, NY, Jackson Heights, 11372. The Mixed Use building was completed in 1928 and features a total of 98,492 Sqft.

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Details

  • Sale Price $29,000,000
  • City Jackson Heights
  • Neighborhood Jackson Heights
  • Zip Code 11372
  • Property Type Mixed Use
  • Property Size 98,492 Sqft
  • Lot Size 23,000 Sqft
  • Property Tenancy Multi-Tenant
  • Year Built 1928
  • Date Updated 16 Sep, 2020

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Description

Marcus & Millichap is pleased to present Ravena Court.

Constructed in 1928, this Romanesque style building has frontage on 80th and 81st street as well as the
entire frontage on 37th avenue. The building is 6 stories, consisting of 88 apartments and 12 ground floor commercial spaces totaling 100 units. The retail consists of a wide variety of tenants while the residential portion is 94% stabilized and also benefits from a significant delta in actual rent versus legal rent for future upside.

 

FREQUENTLY ASKED QUESTIONS

What is the total square footage of 8001 37th Ave?

8001 37th Ave totals 98,492 square feet.

When was this property built?

8001 37th Ave was built in 1928.

Jackson Heights Demographics

The average household income in zip code 11372 is $75,127, from a total of 23,814 households. In terms of employment, there are 78.85 % white-collar and 21.15 % blue-collar jobs in zip code 11372.

Population

  • Total Population61,844
  • Male Population(49.8 %) 30,769
  • Female Population(50.2 %) 31,075
  • Median Age40.50

Income/Financial

  • Average Household Income$75,127
  • Median Household Income$56,383
  • Median Income Under 25$30,972
  • Median Income 25-44$63,131
  • Median Income 45-64$64,744
  • Median Income Over 65$32,735

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Alex Kalb

Marcus & Millichap

(718) 475-4313

Dylan Walsh

Marcus & Millichap