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$2,800,000 Just Listed
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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.
Full Property Details
Full Property Details for 79-03 Roosevelt Ave
General
- Price: $2,800,000
- Taxes: $45,000
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 1037615
- Updated: 8/11/2026
- Added to Site: 6 day(s) ago
Business
- Business Type: Bar/Tavern/Lounge
Rental Information
- Complex Features: Awning(s), Bathrooms
Interior
- Appliances: Dishwasher, Freezer, Ice Maker
- Flooring: Ceramic Tile
Parking
- Parking Features: On Street
Location
- County: Queens
School Information
- High School District: Contact Agent
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air
- Heating Type: Hot Air, Natural Gas
Utilities
- Electric Available: Yes
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected, Sewer Connected
Structural Information
- Detached/Attached: Attached
- Construction: Brick, Frame
- Basement: Yes
- Basement Desc.: Finished, Full Basement
- Entry Floor Number: 1
- Building Size: 3200
- Square Feet: 3,200
- Year Built: 1931
Lot Features
- Lot Size (Acres): 0.0448
- Lot Size (Sq. Ft.): 1,950
- Zoning: C4-3/R6
Financial Considerations
- Tax Amount: $45,000
Disclosures and Reports
- Special Conditions: None
- Property ID: 01290-0046
Listed by Signature Premier Properties
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Schools
Schools serving 79-03 Roosevelt 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 | 0.1 mi |
Ps 222 Fire Fighter Christopher A Santora School 86-15 37th Ave, Queens, NY 11372 | PK-2 | 0.4 mi |
Newtown High School, Queens, NY 48-01 90th St, Queens, NY 11373 | 9-12 | 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 79-03 Roosevelt Ave
Date
Details
Price
Change
Source
8/11/2026
Listed
$2,800,000
—
MLS
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 79-03 Roosevelt Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$42,056
—
$414,360
6%
2025
$42,056
2%
$390,780
-2%
2024
$41,258
-1%
$397,800
2%
2023
$41,468
1%
$391,500
-1%
2022
$40,970
24%
$393,750
27%
2021
$33,061
-20%
$309,150
-27%
2020
$41,395
4%
$421,650
3%
2019
$39,669
12%
$407,700
4%
2017
$35,508
—
$391,950
2%
2017
$35,508
6%
$382,950
6%
2016
$33,427
13%
$360,000
6%
2015
$29,706
6%
$339,750
6%
2015
$27,919
5%
$319,050
11%
2013
$26,707
—
$286,865
—
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 79-03 Roosevelt Ave
7903 Roosevelt Avenue, Jackson Heights, NY 11372 (MLS# 1037615) is a Commercial property. 7903 Roosevelt Avenue is currently listed for $2,800,000 and was received on August 11, 2026. Want to learn more about 7903 Roosevelt Avenue? Do you have questions about finding other Commercial 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.

