7903 Roosevelt Avenue, Jackson Heights, NY 11372

$2,800,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$2,800,000
Days on Market
10
MLS#
1037615
Status
ACTIVE
Lot Size
1950

Property Description

79-03 Roosevelt Avenue, Jackson Heights, NY Prime commercial property positioned along Roosevelt Avenue, one of Queens’ most active and heavily traveled retail corridors. This two-story attached brick building was constructed in 1931 and is situated on an approximately 1,950-square-foot lot measuring approximately 20 feet by 100 feet. The property is home to El Abuelo Gozón, a long-established restaurant, sports bar and entertainment venue that has operated at this Roosevelt Avenue location for more than 40 years. Since 1983, it has become a recognizable Jackson Heights gathering place. The two-level venue has a reported capacity of approximately 280 people and benefits from an established liquor license and cabaret license. Known as “El Monumental de Queens,” the business offers a longstanding presence along one of Queens’ busiest commercial corridors. The building offers approximately 3,200 square feet of above-grade commercial space across two stories, together with a fully utilized basement. The lower level includes office space, separate men’s and women’s public restrooms, a commercial walk-in freezer, an ice-machine unit, a sprinkler system and additional storage. The property benefits from an established liquor license and a longstanding history of use as a cabaret and entertainment venue. The sale includes the existing restaurant and bar equipment, walk-in refrigeration units, commercial hood system and full commercial kitchen. The property, business equipment and included fixtures are offered strictly as-is.

Additional Information

Year Built
1931
School District
Contact Agent
Total Taxes
45000
Heating
Hot Air, Natural Gas
Parking
On Street
Basement
Finished, Full
Water
Public
Sewer
Public Sewer
Taxes
$45,000

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Giulio F. Ferrante (gferrante@signaturepremier.com) from Listing Office: Signature Premier Properties.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . 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.