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$250,000

7112 35th Ave, Jackson Heights NY, 11372

Property typeCommercial
Courtesy of Keller Williams Realty Elite, Melissa D. Erul Listing Contact: 516-795-6900

Overview

Active

Listed Oct 18, 2026

Updated 2h ago

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.

Listings courtesy of OneKey MLS as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Tara Siegel shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 3:58 AM UTC on 10/19/2026. 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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