MLS#1064035
STATUSActive
PROPERTY TYPECommercial - Retail
Property Description
Turnkey grocery/deli opportunity in the heart of Jackson Heights. This well-established neighborhood market posted $499,538 in gross sales for 2025 at a 49% gross margin, generating approximately $98,000 in seller's discretionary earnings. Fresh $150,000 buildout - come in and operate from day one with zero renovation needed.The standout value is the lease: a 9-year term running through September 2033 plus a 5-year renewal option, securing up to 14 years of occupancy in one of Queens' densest, highest traffic retail corridors. Street-level visibility in a neighborhood where grocery demand never sleeps. Large full finished basement with office, bathroom, and tons of space storage also available meaningful upside for an inventory-heavy operation.Offered at $250,000 plus inventory at cost - just 2.5x earnings for a cash-flowing business with decade-plus lease security. A rare chance for an owner-operator or investor to acquire a proven Jackson Heights market with long runway and real upside. Proof of funds and confidentiality agreement required prior to disclosure.
Property Features
Property Type: Commercial - Retail
Basement: Yes
Basement: Finished, Full, Storage Space, Walk-Out Access
Feature Descriptions
Business Type: Deli/Catering, Grocery, Retail
Days on Site: 17
Flooring: Vinyl
On Market Date: 2026-10-18
Rental Term: Monthly
Listed By / Shown By
Listing By
Agency Name: Keller Williams Realty Elite
Agency Contact: 516-795-6900
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Broker Headquarters, 621 Columbia St. Suite 800, Cohoes, NY 12047
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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. Supplied Open House Information is subject to change without notice. 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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7112 35th Ave | MLS# 1064035
This commercial property located at 7112 35th Ave, Jackson Heights, NY 11372 is currently listed for sale with an asking price of $250,000. Search Jackson Heights real estate on www.coldwellbankerchoice.com today.