Two Prime NNN Buildings for Sale

Size
15,036 sq. ft.
Address
88-17 Roosevelt Avenue, Jackson Heights, NY 11372
Property Type
Retail / Commercial
Block & Lot
1476 / 101
Zoning
C2-3 R6
Special Features
88-17 Roosevelt Avenue Lot Dimensions: 21' x 58' Lot SF: 1218 Building Dimensions: 21' x 58' Building SF: 2,436 Stories: 2 F.A.R. 2.43 Assessment (16/17)$782,000 RE Taxes: $34,002 37-62/64/66 89th Street Lot Dimensions: 42' x 300' Lot SF: 4,200 Building Dimensions: 42' x 300' Stories: 2 Building SF: 12600 F.A.R. 2.43 Assessment (16/17) $1,105,000 RE Taxes: $49,409 *All #'s are approximate The subject properties are located on Roosevelt Avenue between 88th and 89th Streets (88-17) and on the west side of 89th Street 100 ft from Roosevelt (37-65/64/66). Each Building has its own retail tenant. However, the 2nd floor is rented by a single tenant for both buildings for a total of three tenants. Each has an option to renew every five years. Upstairs tenant has 4% year increase. Party Events has increases of 4% per annum. Bakery has increases of 4% per annum. Both properties are being sold as a package.
Exclusive Agent(s)
Broker’s Cooperation Invited
Share This Property