7004 Roosevelt Avenue
About this property
Roosevelt Avenue Mixed-Use Investment Property. 2,398 SF building with a full basement. Projected CAP rate: 7%. The property features a long-term restaurant tenant occupying the first floor and basement, plus four residential studio apartments on the second floor (month-to-month tenancies). Income and expense information available upon request. Located on Roosevelt Avenue with strong foot traffic and convenient access to the 7, E, M, F, and R subway lines, the property offers stable income with future upside potential. All showings by appointment only. Please do not disturb tenants. Sale subject to third-party approval.
Listing details
- Property Type
- Commercial Sale
- Sub-Type
- Mixed Use
- Year Built
- 1928
- Lot Size
- 1,435 sqft
- County
- Queens
- MLS #
- KEY966720
- Status
- Pending
Street view & aerial
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FMR for Jackson Heights, NY 11372
FY2025 · Nassau-Suffolk HUD Metro FMR Area
All bedroom sizes — ZIP 11372
| Unit Size | Monthly FMR | Annual Gross |
|---|---|---|
| Studio | $1,900 | $22,800 |
| 1 Bedroom | $2,156 | $25,872 |
| 2 Bedroom | $2,640 | $31,680 |
| 3 BedroomSubject | $3,324 | $39,888 |
| 4 Bedroom | $3,683 | $44,196 |
Source: U.S. Department of Housing & Urban Development — Nassau-Suffolk HUD Metro FMR Area, FY2025. FMR represents the 40th-percentile gross rent under the Section 8 Housing Choice Voucher program. Market rents in stable Long Island submarkets typically run 110–130% of FMR.
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Questions about this listing
Is 7004 Roosevelt Avenue in Jackson Heights still available?
Inventory changes daily. 7004 Roosevelt Avenue is currently listed as Pending in OneKey® MLS. Contact East End Luxury Ltd. at (516) 449-2783 for the most up-to-date status, including any pending offers, auction date, or short-sale lender response.
Can I tour a foreclosure or short sale on Long Island?
Yes. Most distressed properties on Long Island, the Hamptons, and East End are available for showings by appointment. We coordinate access with the listing brokerage, asset manager, or seller's attorney and can typically schedule a tour within 24–72 hours.
How do offers work on a short sale or REO listing?
Short sales require lender approval and typically take 60–120 days from accepted offer to closing. REO/bank-owned listings follow asset-manager addenda and usually close in 30–45 days. Cash offers and pre-approved buyers receive priority. We guide you through every step.
Listings courtesy of OneKey® MLS as distributed by MLS GRID.
Listing last updated: 09/01/2026, 06:30 PM ET
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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