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      37-62 82nd Street, Jackson Heights, NY 11372
      37-62 82nd Street, Jackson Heights, NY 11372
      $16,750,000
      7,000sqft
      0.16acres
      Commercial Sale

      37-62 82nd Street, Jackson Heights, NY 11372

      Listing by: EXP Realty
      1 - 1 of 1 results
      Copyright © 2024 OneKey® MLS LLC
      Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
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      37-62 82nd Street, Jackson Heights, NY 11372
      37-62 82nd Street, Jackson Heights, NY 11372
      37-62 82nd Street, Jackson Heights, NY 11372
      37-62 82nd Street, Jackson Heights, NY 11372
      37-62 82nd Street, Jackson Heights, NY 11372
      37-62 82nd Street, Jackson Heights, NY 11372
      37-62 82nd Street, Jackson Heights, NY 11372
      37-62 82nd Street, Jackson Heights, NY 11372
      37-62 82nd Street, Jackson Heights, NY 11372
      37-62 82nd Street, Jackson Heights, NY 11372
      37-62 82nd Street, Jackson Heights, NY 11372
      37-62 82nd Street, Jackson Heights, NY 11372
      37-62 82nd Street, Jackson Heights, NY 11372
      37-62 82nd Street, Jackson Heights, NY 11372
      37-62 82nd Street, Jackson Heights, NY 11372
      37-62 82nd Street, Jackson Heights, NY 11372
      37-62 82nd Street, Jackson Heights, NY 11372
      $16,750,000
      7,000sqft
      0.16acres

      37-62 82nd Street, Jackson Heights, NY 11372

      City/Town:Jackson Heights       

      Commercial Sale by Victor KraiemEXP Realty.

      Data checked -. Listing last updated 14 days ago.
      1. Overview
      2. Details
      3. More 

      Victor Kraiem of EXP Realty is pleased to announce his exclusive representation for the sale of 37-62 82nd Street in Jackson Heights, a prime property in a highly sought-after location. With his extensive market expertise, he is dedicated to showcasing this exceptional opportunity to discerning buyers. Situated in one of Jackson Heights' most coveted locations, the building is conveniently located just steps away from the 7 train, a major subway line offering quick access to Manhattan and other parts of Queens. This is the first time in four decades that a property of this exceptional quality has been made available for sale, making it a rare find for savvy investors and buyers alike. 37-62 82nd Street is a two-story building featuring an impressive 70-foot frontage and a depth of 100 feet. This retail storefront and office building occupies a 7,000 square foot lot, with a total building size of 12,115 square feet spread across two stories and a basement. The building underwent significant updates in 2011, featuring a new roof, boilers, and HVAC system. Zoned C4-3, this property presents an incredible development opportunity, allowing for a total buildable area of 11,685 square feet with the addition of two more floors. The extra space opens the door significant potential additional income and long-term value. Whether you're an investor or looking to maximize the property's potential, this is a rare chance to capitalize on both space and revenue opportunities. An architect or engineer must be consulted to determine any existing improvements conform to all of the zoning requirements The property is fully leased, with Duane Reade occupying the ground floor. The second floor is rented to long-term tenants, including a language school and a dental practice. Duane Reade holds a master lease for the entire building, structured as a double net lease, ensuring minimal responsibilities for the landlord. This represents a fantastic investment opportunity for astute investors interested in prime commercial real estate in New York. 1031 exchanges are welcome. This area boasts heavy foot traffic and is home to numerous well-known retailers, including Gap, Skechers, Foot Locker, Target, Banana Republic, Old Navy, Carters, Pandora, Sephora, FedEx, AT&T, T-Mobile, McDonald's, Shake Shack, Chase Bank, Capital One Bank, Bank of America, United Healthcare, and Mount Sinai.

      Details
        Property type
      Commercial Sale
        Year built
      1926
        Heating
      -
        Cooling
        Garage
      No
        City/Town
      Jackson Heights
        Parking spots
      -
      3585261
      MLS ID
      Active
      Status
      29
      Days on market
        Flooring
        View
      Exterior features
      Lot features
      Monthly taxes
      $42,250
      Yearly taxes
      $507,000
      Schools
      -
      Open Houses
      In-Person
      No upcoming in-person open houses
      Virtual
      No upcoming virtual open houses
      Contact Agent
      Victor Kraiem
      Victor Kraiem
      REALTOR®, EXP Realty
      Direct Number 
       
      Location
      For Sale Nearby
      No nearby homes are For Sale Nearby.
      Recently Sold
      No nearby homes have been Recently Sold.
      37-62 82nd Street, Jackson Heights, NY 11372, is a 0.16 acres, 7000 sqft. Retail built in 1926. This property is currently available for sale and was listed on OneKey® MLS on 10-15-2024. The MLS# for this Retail is MLS# 3585261.
      Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
      Copyright ©2024 OneKey® MLS LLC