67-11 ROOSEVELT AVENUE

JACKSON HEIGHTS, NY 11377


EXECUTIVE SUMMARY

Politan Real Estate is pleased to present 67-11 Roosevelt Avenue, Jackson Heights, NY 11377. The offering consists of a development site located right on Roosevelt Avenue. The site has been approved for 12,250 sq. ft, with 6 stories and an elevator. The site has already been demolished, with underpinning partially completed. The back of the site has van access available.

This is the heart of Jackson Heights, one of the most heavily foot trafficked areas in all of New York. Roosevelt Avenue is the main street through Jackson Heights, which stretches from Flushing all the way to Long Island City. In addition, the 69th Street 7 train station is only a few steps away, and the E, F, M and R trains a few blocks down at 74th street, along with the Q32; making this perfect for a  transit oriented developer.

Jackson Heights is a vibrant business district home to many national retailers and banks including Citibank, Chase, TD Bank, PNB, Capital One, Duane Reade Pharmacy, City MD and more. This offering presents a great opportunity for potential income improvement.

 

Listing Agent

Michael Wang | Partner

mwang@politangroup.com

PROperty Overview

Address

Location

Block & Lots

Use

Lot Dimensions

Lot Square Footage

Buildable Sq. Ft

$/BSF

FAR

Zoning District

Transportation

Approved Plans

6711 Roosevelt Ave., Jackson Heights, NY 11377

Queens (Northwest)

01223/0017

Development Site

±20.00’ by ±118.00’

±2,360 Sq. Ft

±12,250 Sq. Ft

$260

Inquire for Zoning Analysis

R6/C1-4

7, E, F, M, & R Subway Lines, Q32 Bus

Inquire for approved plans

ASKING PRICE

$2,888,888