88-22 Roosevelt Ave Jackson Heights Retail Medical and Offices

Prime location in the heart of Jackson Heights!  Good street frontage, sign visibility with great foot and 12k+ car traffic per day.  Commuter and walker paradise next to the 7 train, ethnic restaurants, cafes, shops, Dunkin Donuts, Bravo/Key Food supermarkets, other family owned groceries and pharmacies, medical facilities, Fidelis Care, Planet Fitness and Western Union.  Near ModernMD Urgent Care, Mount Sinai Medical, Elmhurst hospital, Duane Reade pharmacy, McDonald's, UPS, Fedex, banks, Target, 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 Ave. hub including the E, F, M, R subways, the Q23, Q29, Q32, Q33, Q49, Q53 and the free Q70 LaGuardia airport link express bus.  Around 22 minutes non rush hour drive to LGA and around 15 mins to Manhattan by train!  

Three commercial units built in 1989 with a total of around 2,818 square feet suitable for retail, medical and offices which can be combined to diversify and hedge risk.  Very busy beauty salon for many years of around 950 sq ft on the street side floor renting for $4,500+ utilities month to month.  Second floor is around 950 sq ft and cellar around 918 sq ft.

(Conservative proforma with full occupancy: potential yearly rental income $126k+, yearly net income $93k+ @ 5% cap).  Attractive seller financing up to 50%!  Yearly property taxes of $25,406.  Sold as is.  Attractive seller financing up to 50%!  Please do not disturb tenant. 

For appointments, call Diane Mi Chong at 718-640-4431.  Sales agent at Hanmi Realty.