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MLS ID KEY1064035Last updated Oct 18, 2026

Retail

7112 35th Ave

Active · Queens, NY 11372

Asking price$250,000Request a Showing
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About this home

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 snapshot

Days on site
10 days
Listed on MLS
Oct 18, 2026
Tax year
2026
Listing brokerage
Keller Williams Realty Elite
MLS ID
KEY1064035
Last updated
Oct 18, 2026

General features

Property type
Retail

Interior features

Basement
Finished, Full, Storage Space, Walk-Out Access
Flooring
Vinyl

Recent activity

  1. Listing updated from MLS
  2. First seen on this site
  3. MLS status changed

Location

Queens, NY 11372Show interactive map
7112 35th Ave

Queens, NY 11372

Google Maps directions

Listing data is supplied by the MLS and may change without notice.