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$250,000 Just Listed
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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.
Full Property Details
Full Property Details for 71-12 35th Ave
General
- Price: $250,000
- Status: Active
- Type: Business
- Source: Long_Island
- MLS ID: 1064035
- Updated: Today (10/18/2026)
- Added to Site: Today
Business
- Business Type: Deli/Catering, Grocery, Retail
Interior
- Flooring: Vinyl
Location
- County: Queens
Structural Information
- Detached/Attached: Detached
- Basement: Yes
- Basement Desc.: Finished, Full Basement, Storage Space, Walk-Out Access
Disclosures and Reports
- Special Conditions: None
- Block: 1271
- Lot Number: 5
Listed by Keller Williams Realty Elite
Get Pre-Approved Today
Schools
Schools serving 71-12 35th Ave
School District:New York City Geographic School District 30
| Name | Grades | Distance |
|---|---|---|
Ps 69 Jackson Heights 77-02 37th Ave, Queens, NY 11372 | PK-5 | 0.3 mi |
Ps 222 Fire Fighter Christopher A Santora School 86-15 37th Ave, Queens, NY 11372 | PK-2 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 71-12 35th Ave
Date
Details
Price
Change
Source
10/18/2026
Listed
$250,000
-74.09%
MLS
8/05/2005
Sold
$965,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 71-12 35th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,866
—
$67,139
5%
2025
$12,866
3%
$64,058
-38%
2024
$12,519
1%
$103,740
69%
2023
$12,364
4%
$61,556
-24%
2022
$11,915
1%
$81,180
11%
2021
$11,774
4%
$73,140
9%
2020
$11,299
3%
$67,140
15%
2019
$10,995
10%
$58,380
14%
2017
$9,967
—
$51,297
5%
2017
$9,967
7%
$48,892
5%
2016
$9,321
7%
$46,624
5%
2015
$8,699
5%
$44,485
3%
2015
$8,292
12%
$43,285
1%
2013
$7,417
—
$42,748
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 71-12 35th Ave
7112 35th Ave, Jackson Heights, NY 11372 (MLS# 1064035) is a Business property. 7112 35th Ave is currently listed for $250,000 and was received on October 18, 2026. Want to learn more about 7112 35th Ave? Do you have questions about finding other Business real estate for sale in Jackson Heights? You can browse all Jackson Heights real estate or contact a Coldwell Banker agent to request more information.

