$2,500,000
Updated 9 years ago
Off Market

80-09 Roosevelt Ave

Jackson Heights, Queens | 80th Street & 81st Street

9 Rooms5 Beds2 Baths2,200 Square FeetMixed Use

$2,500,000
floors / apts2 / 2
Lot Size20'x75'
Built Size20'x55'
ZoneC2-3/R
Building TypeLow-Rise
RE Taxes$30,000
Price Per SF
$1,136

Listing Features

  • Central AC
  • Central Heat

Outdoor space and views

  • Garden [400 SF]

Building Amenities

  • Voice Intercom

Property Description for 80-09 Roosevelt Ave

Fully occupied.

Investment opportunity 5.8% CAP

1st floor - Mexican restaurant - $9,800 per month NNN 3% (10 years left on lease)
2nd floor apt#1 2br - $1,950/month
2nd floor apt#2 3br - 2,050/month

asking Price: $2,499,999
NOI: $145,000

second floor apartments have been gut renovated.

Listing History for 80-09 Roosevelt Ave

Now
07/02/2017
POM by Tigran Avetisyan
R New York
04/03/2017
TOM by Tigran Avetisyan
R New York

Building Details for 80-09 Roosevelt Ave

OwnershipMixed Use
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1934
Floors/Apts2/2
Learn More About the Building

Transit and Citi Bike

Subway

82 St-Jackson Hts
0.09 miles
Jackson Hts-Roosevelt Av
0.32 miles
74 St-Broadway
0.32 miles
Elmhurst Av
0.39 miles
90 St-Elmhurst Av
0.46 miles

Citi Bike

79 St & Roosevelt Ave
0.08 miles
41 Ave & 80 St
0.11 miles

Contact Agent

Contact Agent

Jackson Heights | Queens

Quick Profile

Jackson Heights has one of the most diverse populations in the city, and over 100 languages are spoken here. With this cultural diversity comes supporting restaurants, bars, shops and cultural opportunities. It is a mix of commercial and residential properties. There is a wide range of shops and service businesses, so that anything you would need, from a barber, to a pharmacy, to clothing, and food is available right in the neighborhood, no matter which culture or language you might need these services provided in. 

Jackson Heights has three nicknames, based on micro-neighborhoods with the neighborhood as a whole. Little India occupies an area on 74th Street, while parts of 73rd Street are known as Little Pakistan. Little Columbia is along 37th Avenue.

A large portion of Jackson Heights has been designated as an historic district, from Roosevelt Avenue to Northern Boulevard, between the east side of 76th Street to the west side of 88th Street.

Jackson Heights was a planned community, where the first “garden apartments” were created in buildings constructed around central gardens and green spaces that gave neighbors a place to meet and socialize with one another, created places for children to play, allowing light to come into the apartments and air to flow freely through them. These gardens are private and only residents have access to them. Passing by the buildings, you might not even guess the gardens were there, as they are not generally visible from the street. 

Additionally, there are some mid-rise apartment buildings. Some of these are rentals, some are co-ops, and some are condos. There are a few attached row houses that provide housing for one to three families. 

As much as Jackson Heights might be full of noise and mix of cultures, it also has a quieter side, where the various cultures mix and mingle and learn about each other against a backdrop of beautiful architecture and a culinary landscape that brings the world to Queens.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 68147TH