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New

$250,000

2 days on market

7112 35th Ave AVE

Jackson Heights, NY 11372

· 8% down, 7% APR, 30yr fixed

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Beds

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Baths

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Square feet

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Built

Listing narrative

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.

Listing agent (MLS): Melissa D. Erul · Listing brokerage (MLS): Keller Williams Realty Elite

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$250,000

Beds

Beds n/a

Type

Commercial

MLS subtype

Retail

Home Size

Sqft n/a

Baths

Baths n/a

Year

Year n/a

Status

New

Days on Market

2

· 8% down, 7% APR, 30yr fixed
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Courtesy of Keller Williams Realty Elite