Share This Listing

Message

959 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit Unit A
  • 10,562 SF
  • Office/Retail
  • $6,880,000 ($651.39/SF)
  • $371,940
Sale Type Investment or Owner User
Cap Rate 5.41%
Description
Mixed use RB/C2-3 10,562 sq ft building in the heart of bustling Jackson Heights.  Strategically situated on a busy street on Roosevelt Ave.  The site (corner of 79 St and Roosevelt) benefits from excellent foot traffic, making it a convenient shopping destination for locals and visitors alike. Currently a highly profitable 99 Cents Store and Language Learning School/Travel Center, well-positioned in one of Queens' most vibrant neighborhoods.
Sale Notes
Mixed use RB/C2-3 10,562 sq ft building in the heart of bustling Jackson Heights.  Strategically situated on a busy street on Roosevelt Ave.  The site (corner of 79 St and Roosevelt) benefits from excellent foot traffic, making it a convenient shopping destination for locals and visitors alike. Currently a highly profitable 99 Cents Store and Language Learning School/Travel Center, well-positioned in one of Queens' most vibrant neighborhoods.
Unit Unit Size Condo Use Price NOI
Unit Unit A 10,562 SF Office/Retail $6,880,000 ($651.39/SF) $371,940

Unit Unit A

Unit Size
10,562 SF
Condo Use
Office/Retail
Price
$6,880,000 ($651.39/SF)
NOI
$371,940

Unit Unit A

Unit Size 10,562 SF
Condo Use Office/Retail
Price $6,880,000 ($651.39/SF)
NOI $371,940
Sale Type Investment or Owner User
Cap Rate 5.41%
Description
Mixed use RB/C2-3 10,562 sq ft building in the heart of bustling Jackson Heights.&nbsp;&nbsp;Strategically situated on a busy street on Roosevelt Ave.&nbsp;&nbsp;The site (corner of 79 St and Roosevelt) benefits from excellent foot traffic, making it a convenient shopping destination for locals and visitors alike. Currently a highly profitable 99 Cents Store and Language Learning School/Travel Center, well-positioned in one of Queens&#39; most vibrant neighborhoods.</li></ul>
Sale Notes
Mixed use RB/C2-3 10,562 sq ft building in the heart of bustling Jackson Heights.&nbsp;&nbsp;Strategically situated on a busy street on Roosevelt Ave.&nbsp;&nbsp;The site (corner of 79 St and Roosevelt) benefits from excellent foot traffic, making it a convenient shopping destination for locals and visitors alike. Currently a highly profitable 99 Cents Store and Language Learning School/Travel Center, well-positioned in one of Queens&#39; most vibrant neighborhoods.</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 10,562 SF
Property Type Retail (Condo)
Property Subtype
Storefront Retail/Office
  • General Retail Bank
  • General Retail Supermarket
  • Office Medical
Building Class B
Floors 2
Typical Floor Size 5,281 SF
Year Built 1967
Lot Size 0.67 AC
Zoning R6/R5/C2-3 - R6/R5/C2-3 indicates a combination of residential and commercial zoning designations

Amenities

  • Bus Line
  • Signage
  • Air Conditioning
Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
100/100
Moderately bikeable
70/100

Nearby Major Retailers

Starbucks
Foodtown
Key Food
CTown
Patel Brothers
Chase Bank
Citi
Dime Community Bank
Apple Bank
Flagstar Bank N.A.
  • Listing ID: 38367949

  • Date on Market: 11/7/2025

  • Last Updated:

  • Address: 78-14 Roosevelt Ave, Jackson Heights, NY 11372

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}